Ali Boone
So much for out-of-state cash flow... I just bought locally in LA
Oh yes, it happened. This "out-of-state only, I only want cash flow, and I never want to landlord" investor just bought a negative cash flow property in Los Angeles (Venice) and I'm now a landlord.You've heard me talk...
Jason C.
Anybody still use carpet in rentals?
Hey there!
I have been using the vinyl plank flooring for the last few rentals we picked up, but I got one now where we are a little lighter on budget and so I was thinking of going with carpet, Home Depot has free i...
Necie Bu
Is this legal for a landlord to do ?
Many disabled senior tenants who are on a fixed income and who have been residing in the complex of 16 units from 3 to 20 years month to month. Owner is aware of the disabled and senior tenants . He has never raise...
Max Feinberg
How Do We Feel About Student Rentals??
Hello Everyone!As the market continues to make it more difficult to find cash flowing investments, I have found myself wondering how people are viewing investing in Multi-Family student rentals? Around the Western Pen...
Dion DePaoli
Subject To in Texas - Coming Unwrapped
Saw this news today and decided to share it on here. The story is still developing but I think those who seek to do wraps, especially folks in the state of Texas, since that is where this is, should pay attention to ...
Jeremy Rusnak
Repairing water damaged bathroom with tenants still present
Hi all.I'm in the process of closing on my third duplex! The great part for me is that it's on the same street and is the same floor plan as my second duplex. I was able to rehab a vacant side of the other unit an...
Account Closed
Best move with HELOC funds
I recently closed on my first HELOC after acquiring this property from BRRRR'ing my owner occupy duplex. I purchased the building for 80k with conventional investment financing- put about 11k into it and got the upst...
Heli Beran
Is the cost of an appraisal tax deductible?
Hey everyone,Do you know if the cost of a multi-family apartment building appraisal is tax deductible? The appraisal quote from the lender is around $3500, which is obviously a lot of money! Thankful for any insights...
Zack Wills
If you had $80,000 in a heloc, what would you do?
I bought my parents house from them a while back for well under what it appraised for. The result, I now have a Heloc for a little over $80K. Since buying their place (they still live there) my wife and I have acqui...
Calvin Baughman
Are Short-Term Rentals a smarter choice over Long-Term Rentals?
This must be a commonly asked question here, but I'm seeking updated opinions, from People who are daily operating in those markets. Could the profitability of Short-Term Rentals outweigh the stability offered by Long...