Account Closed
Late payers, regulars, slow rolling every month
Earlier this year we took management of our properties back, so we are now self owned and operated. We have found that many tenants do not take the late fees or notices seriously, many want a payment arrangement each ...
Sharad M.
Would you rent to this family?
I had a couple come by this weekend to look at one of my rentals. They seemed very nice people, were very respectful. They wanted to fill in an application and went to the ATM to withdraw cash.
The husband called me ...
James Wise
The Rivalry: Cleveland EAST VS WEST
If you talk to a local you would know that Cleveland is very much a city divided. Us west siders don't go east and those east siders don't go west. It is just a fact of life, and for those of us who live and grew up h...
AJ Wong
How & Where (NOT) to buy a vacation rental on the Oregon Coast - Rules and Permits
By sheer force I've learned the hard way where you can, cannot and should consider purchasing a permittable vacation rental on the Oregon Coast. Partially by circumstance, albeit those that I created, I will confident...
Chad Eatinger
House Hacking a Multifamily in Brooklyn? Possible to break even?
Hi everyone,I am going to be moving to New York with my family next year for grad school, targeting to live in Brooklyn/Queens, and hopefully within a reasonable commute distance (30-45 mins public transit) to Manhatt...
Mike McKinzie
Fudging the 2% and 50% rule
As has been discussed quite heavily on these forums, as investors, we look to 'gross' 2%+ of the purchase price and expect 50% of the rent to pay for all expenses except the financing.
Do any of you 'fudge' on these ...
Michael Plaks
Straight talk: my CPA keeps delaying and is not responding
We accountants are regularly approached by investors who are unhappy with their current CPAs being too slow to finish the work, too difficult to get hold of, too unreliable, too something else... So I decided to open ...
Matthew Murray
Young investor - did i take on to much? Best next step?
Hi all,I am a 23 yr old investor in NC. I currently own 3 properties.The first of my properties performs well. It is a 4 bed 4 bath, rented out to individuals, so it acts as a multi-family in a sense. It cash flows ab...
Christopher J Woodland
How to estimate rehab costs prior to purchase or offer
So, I am looking at doing my first rehab. Are there any tips for estimating how much the rehab will cost? Would it be frowned upon by the seller to get some contractors out to take a look at it and provide estimates b...
Kessa Bush
Note Investing Courses
I want to get educated on buying and selling promissory notes. There are several courses for sale, but I can't afford to buy them all. Plus, there are a bunch of people claiming to be experts, but I'm not sure if they...