Ken Nyczaj
Scrub walls to remove smoke damage
Hey Everyone,Just closed on my first flip in Maryland. The seller smoked heavily in the property, house is 1250 sq ft and is a rancher style. I was thinking we needed to remove carpet, scrub walls, and then prime, but...
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Is there Really A down Time Of The Year for Real Estate?
I often talk with people in the Real Estate Business. I have found that if a person is versatile in his profession there is never a down time for him; remember the buzz word is VERSATILE.
By learning everything yo...
Mike Nelson
Finding a general contractor for first rehab...
Over the past couple of months my partner and I have came very close to actually going through with a rehab. Well last night my realtor told me about a property that his family member was selling and was willing to en...
Kitty Jedra
Keep 401K or invest $ on a rental property?
Hello Everyone,I am in my mid fifties and thinking of how to best prepare for retirement. I have about $70,000 in a 401K and wondering if it would be wise take this money and invest it in a rental/cash flow property. ...
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How about a course or book on Wholesaling? But something...
...with some meat, not the usual pan over that I see everywhere with all these other courses reviewed here. You can spend $497 or $1497 and still get the same frustrations. I've seen plenty of suggestions on wholesa...
Dave W
Mentors?
New to the forum, curious how many people started out with a mentor. I am 21, a recent college grad, law school bound. REI has always been a goal of mine regardless of any other job. I have capital, no debt and excell...
Tatyana Shevnina
combining section 121 gain and 1031 exchange
When combining section 121 gain and 1031 exchange, can you take out the section 121 gain or does it have to be included in the cost of the replacement property?For example, relinquished property is sold for $800K with...
Chuck L.
Pros and cons of this 66% ROI with duplex rentals
Hi members, I'm a long time listener of the podcast, first time visitor of the site. Pros and cons of this offer: 60k down (10%) for 6 duplexes in Indianapolis All the duplexes have tenants in and bring in 1,100 p...
Handie Kunen
Tenant not paying rent; Moratorium on evictions during holidays; evict or wait?
Hi all,I have a situation where a tenant of 3 months has not paid his November rent. Our property manager has called, emailed, and shown up at the door trying to hunt him down to get an answer but got no response. A ...
Katie Neason
Issue repainting existing cabinets on flip. Is contractor right?
I am on my 4 SFR flip. So I have just enough experience to think I know more than I do. We are repainting the existing kitchen cabinets. According to the painter he has put 4 coats of primer and 2 coasts of paint (whi...