Bill Ward
Capex wipes out cash flow for a year?
So long question short, my rental property averages about $150 a month cash flow after regular maintenance expenses and minor repairs. But for a capex expense, my next one being a bath tub replacement or replacing the...
Bill Coleman
Pot growers in rental: Opinion? (yes I am in Colorado)
The newest trend sweeping the rental market (from my perspective) in Colorado is that many tenants want the right to grow pot in the unit. I can see downsides and upsides.Downs: messy, elevated risk of break-ins and ...
Michael Shuster
10 Reasons People are Successful in Business
My colleague Nick Ikonomou and I share some common beliefs about the traits which are found in virtually every successful person - especially in real estate investing. Nick shared them with his friends, and I am now d...
Christopher Middleton
Life Insurance used as a bank account
I was listening to some old podcasts from "The Real Estate Guys" today. They had a special guest speaking about using life insurance as a better bank account for REI's.
Has anyone used Whole Life Insurance as a bank...
Joe Gee
Buyer went behind my back
I had a contract with the seller. Put it out there and found a willing buyer that I've never worked with. We signed an assignment contract and I gave him a copy of the contract. I always feel funny about giving a n...
Steven Gesis
Tenant moved out and so did the mechanical equipment... more....
Recent tenant eviction, although they are rare in my world, they do occur once in a while, this one was like no other one before, tenants of (3) years, stopped paying the rent, we had to evict the tenant, the tenant m...
John K.
What can I do with $140K cash?
Hi, I want to get into real estate but don't know how and where. I have a remote job living in Austin and $120K cash and $20K on my employer 401k. If you were me, what would you do? My goal is to work for myself and s...
Jeff Sims
What kind of car do you drive?
Just a fun post here. I have been a SFR investor for 15 years and now have $2M in rental RE while working a full time career. The cash flow was tight for years it seemed but the snowball of debt paydown is rolling b...
Harrison Painter
12 Solid Rules for Real Estate Investing
12 Solid Rules of Real Estate Investing
1. Real estate is a long term investment
2. Cash flow, cash flow, cash flow
3. Do not let your emotions get in the way
...
Aaron Wyssmann
Do you get pissed about no-shows for property viewings then use this tip.
When I got my first couple rental homes I set up a time to meet them over at the property. Not only did it take so much time but I would get so pissed when I had no shows. I could even call them while I was at the p...