Leon Lee
What is current CoC for STRs with and without 7% interest loan
Hi, Fellow BPersI recently read "Long-Term Wealth" by Avery, which mentioned a 25% Cash on Cash (CoC) return, and it seemed extremely optimistic compared to current standards. I'm curious about the CoC returns you're ...
Account Closed
We listed for $1900, lots of interest; how do we get $2k?
This is for a SFH rental. We listed for $1900 and have many parties (6-7) trying to get it, with 2-3 very strongly trying to lock it down.How do we propose a higher rent when we have multiple parties trying to "lock i...
Account Closed
Do nicer finishes decrease turn over rate?
Hi Everyone. I wanted to see what your experience has been with spending a little more on rehab and has that helped to reduce your tenant turnover? Maybe improving kitchen cabinets, countertops and replacing vanities....
Chris Kim
Fed up and angry
So I've been marketing for at least 2 months now. Sent out about 100 hand written yellow letters, not a single response. Put out about 40 bandit signs. Got 1 call from it with from a homeowner asking for 50k more than...
Brandon S.
Memphis Invest; Turn-Key Rentals
This is an open letter about my experience with Memphis Invest. I scoured the web for an in-depth review of Memphis Invest, or any other Turn-Key Rental company, but was never satisfied with the responses. It seems th...
Riley F.
NYC Out of State Investors
I live in New York City and invest out of state in Kansas City, MO. So far, I've had a very good experience. I own 2 duplexes and just sold a single family home, and have been somewhat lucky in the sense one of the fi...
Michelle S.
Newbies and need help and guidance.
We have been toying with buying a rental for a few years as cash has just sat. We were ridiculously close but decided against a single family home purchase. The guy we work with owns rentals himself. He actually boug...
Elizabeth Pare
How do I know if a realtor has my best interest in mind?
Hi guys! Fairly new investor here, interested in MFH buy and hold and interested in (but haven’t yet used) the BRRRR method going forward. A little background - I currently own a 4plex in Waterbury, CT where I’ve live...
Carmen Marshall
Newbie considering Fortune Builders Mastery program!
Greetings all!! I'm in a place where I've learned so much and feel ready to take the 1st real step to REI. I have taken the Fortune Builders 3 day insider workshop and feel that the Mastery ( 12-24 month step by step ...
Jim K.
LIMITING BELIEFS: Which ones have you struggled with?
I was raised in poverty. The kind of thing you only really see in America today in families with trauma and mental-health issues, traditionally where the pop refuses to get help and the mom refuses to stop enabling hi...