Kiko Mattoso
Buying STR with current rates as a retirement plan?
Hi everyone,I want an honest answer about something. I own only one STR property upstate NY that gives me around 11% cash on cash return. This means, I get like around 10k per year, net. But reading some posts here on...
Daniel Lempa
Roofing estimates: are my expectations too high?
I purchased a duplex in June in the South Jersey area to house hack with the expectation that the roof would need to be fully replaced, including decking. I also have a dead chimney that I want to be brought below the...
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...
Patricia Luna
Would you buy a rental property with negative cash flow?
Would you buy a property with negative cash flow?My husband and I want to invest in a townhouse that we plan on selling once the mortgage is paid in full. We could have the mortgage for 30 years, but we are choosing o...
Jacqueline Blue
Would you do a 2 year lease for you first ever rental?
My husband and I are renting out first place (yay!). We have a few people lined up to see the place. But one of the best potential tenants on paper asked if we would do a 2 year lease for a slightly reduced rent. they...
Engelbert Devera
Realtor Bait & Switch ?
I made an offer today on a property that’s been sitting for some time now. The seller’s realtor made a counter offer and I accepted. My realtor was about to send the contract with the amended price that I agreed to wh...
David Greene
First deal hurdles
Hello, I was curious who on here is working towards their first deal, and what kinds of hurdles they are personally experiencing in getting there.
Albert Yamoah
Wholesaling and the nonrefundable deposits
Concerning wholesaling and the nonrefundable deposit:1.) Why do wholesalers implement these (especially if the deal is a legitimate deal)?2.) How can a new real estate investor convince a wholesaler that a nonrefundab...
Brandon Pace
Why so many recommendations to go multi family - commercial?
I'm a newbie and have recently purchased 3 properties, all townhomes in Utah. Two are in southern Utah and will be vacation rentals which will cash flow really well. My third is a long term rental in northern Utah tha...
Andy A.
How much would you ask your landlord for inconvenience
Hey folks,I am helping a "tenant" friend decide how much should he ask his landlord for the following inconvenience. Landlord's Listing Agent is preparing the house for sale while tenant is still living in the house. ...