Robert Tolnai
What to do when your flip is not selling and all your cash is in?
We bought 2 flips just before the market shifted and put all our savings into them, as one was a super easy quick flip but we literally listed it as the market stopped for us here in Phoenix. Of course I can sell bot...
Kyle Lewis
CapEx reserves included in expenses?
I've used a variety of deal analysis calculators and many of them include CapEx estimates/reserves in the 'Expenses' category, like this:Income - Expenses (including CapEx estimates) = NOIBut shouldn't CapEx estimates...
Christopher Brainard
Issues with Tenant Above a Unit I Own
Hello Everyone,So I've run into my first big problem with landlording. I own a condo but do not own the condo above it. My tenant has been there for approximately 2 months, and the upstairs tenants have been increasin...
Sarah Byun
Lease renew and increase of rent
We just purchased our first multi-family property and couple of the tenants have been there for more than 10 years without a rent increase. The rents near the area are about $75 to $125 more than what the tenants are...
Cody Evans
Real Estate Agents Will Be Obsolete Within 10 years?
I read a post recently on Bigger Pockets talking about agents being irrelevant because of technology by the year 2025. There were very conflicting opinions and I am hoping to see specific examples of technology that w...
Michael Yates
How to wholesale ethically and honestly
Hello, i am new to real estate looking to get into wholesaling. My biggest hangup with this model is that it seems almost all the “gurus” teach to lie to homeowners and say that I am going to buy the property which is...
Jack B.
I suspect tenant has moved two other people in
It was just supposed to be her and her two kids, and she said she was single, had no time to date, works 70 hours a week, two jobs, hardly home, etc.As I like to do, I drove by the unit recently, as I have the past 3....
Tom Gimer
Why would a lender NOT approve this?
Short-sale approval obtained a while back... it's Friday, closing is Monday.Purchaser had something come up and now wants to buy a different property and have his "friend" slip in and close on the deal. Assuming the r...
Paul Smythe
The end of the mom-and-pop investor?
The title is dramatic, but I do wonder if your typical mom-and-pop that's just starting out is going to be able to build a legitimate (cashflowing) rental portfolio in the current market with large institutional buyer...
Mo S.
LLC now or after first flip?
I'm currently looking for my first flip and have received conflicting advice from some of the local investors I've spoken to. Some say it is better to get your feet wet and go through the first flip from start to fini...