Shannon Kiefhaber
Thoughts on Dollar General
I am analyzing a deal to buy a freestanding Dollar General with a 6.3% cap rate and triple net lease with ten years left. I was excited about the deal until I visited the property and saw that there was a Dollar Gener...
Art Maydan
How To Advertise Month to Month Lease
So I'm convinced that MTM leases are superior for the landlord, but how do you go about advertising these? People still seem to be most comfortable with 1-year leases. Would you say, "Month to Month with possibility o...
Oscar Montealegre
The Los Angeles Nightmare
I’m a real estate investor based out of Los Angeles. I have been doing it for ten lovely years. However, what I am about to say truly pierces my perpetual LA pride. You couldn’t pay me enough money to invest in Los An...
Mark Ferguson
I bought a Lamborghini!
This has been a goal of mine for a while. On fathers day I took shipment of a 1999 Lamborghini Diablo. It is more awesome that I thought it would be!The full story is here including what I paid for it. http://inves...
Jeffrey Duck
Accepting a tenant with an eviction
I'm looking for my first tenants right now and had come to the conclusion that I wouldn't take ANYONE with an eviction, but I may break my own new rule.I've also decided that I want long term tenants and I'm not going...
Ewan Tong
Help! My lawyer says I can't evict them ! A true nightmare !
Let me take a deep breath before telling my story...I bought a bank-owned two-family on auction for 460K, 100K-120K below the market price. Before the auction, I knew the property was occupied but I didn't know the id...
Jesse Collins
Tenant Attempting to Break Lease Due to Heat
Hello everyone,
I have a property located a little ways outside of the DFW metroplex (east). It is a duplex. I am having problems with a tenant, and their heating/cooling. For context, this duplex was built in 1900 a...
Account Closed
We Are Only One Decision From a Totally Different Life
I was driving home from a party yesterday afternoon and saw a truck with a big American flag driving on the freeway. I asked my wife what's the occasion? She said September 11. She reminded me that I've been off my W2...
Jed Butikofer
No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?
Hi Everyone!
I recently started with a new company that is paying for my housing, vehicle, and fuel. This has freed up my income substantially from where I was working previously. Looking for thoughts and suggestions...
David Beard
Turnkey sellers - why are expenses ignored?
It seems that turnkey sellers are sprouting like mushrooms, not unexpected giving all the distressed inventory being snapped up.
Current practice by the largest turnkey sellers strikes me as questionable. Here are a...