Dan Mackin
Effective Rent By The Room Strategies
As it becomes more prominent in the US it seems there should be a discussion on renting by the room. Yes, I'm aware that this has been done forever with student rentals, but I'm specifically talking about post-college...
David P.
Buying a property with 2 unpermitted units
I found a property in a very good area of Southern California where the seller added 2 additional units (attached) to the back of her house. The main house is approximately 2,500 sqft and she added another 1,000 sqft ...
Anthony Hidalgo
Renting vs Selling Due to Military PCS (Relocating)
Hello! We just found ourselves in a new situation, and I wanted to seek advice from those who have experienced something similar.We recently purchased a new build home in August 2022 in Colorado Springs, and we have ...
Brad Smith
Leave old wiring as it is for the time being
Just bought an older house and have explored rewiring. As was mentioned in another thread, I'm thinking about waiting until winter time to get bids on the work because everyone seems to be swamped in my area (San Mar...
Jay Coolidge
Flipping, Budgets and Electrical
I bought my first flip home. The home was built in 1920's. I am currently in the initial stages of cleaning the property and getting quotes on the work that is needed. Plan on putting in new HVAC, flooring, windows...
Don Konipol
10 Most Common Incorrect Beliefs by Inexperienced RE Investors
Most Common Incorrect “Facts” by the Inexperienced
1. It’s “illegal” to purchase a property without the approval of the existing note holder (subject to)
2. If a property owner stops paying on a note the lender just...
Justin Greenwood
Understanding IRR Calculations in Frank Gallinelli's book
Hello Everyone,I've learned a lot from Frank Gallinelli's "What Every Real Estate Investor Needs to Know About Cash Flow," however, the Internal Rate of Return concept is still a little confusing to me.In this book th...
Clyde Myers Jr
Strategy to secure commercial tenant
Hey All, new here (internet forums period actually). I own a commercial office/warehouse building and recently lost my tenant to them purchasing their own location. Problem is, my broker (also my best friend), speci...
Roger Z.
question on an eviction
I am in New York State.I have a one year written lease with the tenant which will end on Oct 31, 2015. Rent was paid on time before. Usually I sent a message or a phone call to confirm the rent collection date. Howeve...
Matthew Franklin
Cash out refinance or heloc?
Looking to purchase my first duplex. I want to do HELOC with my house to purchase the rental. Then refinance in a year to pay the loan off. My mortgage company and my mortgage broker said it would be better to do a ca...