Account Closed
Suspicious PM Actions?
Hi Everyone,So we recently rented out one of our rentals and the tenant moved in on 8/1. Before they moved in they handed the August rent and non refundable pet deposit to the management company on 7/31. When I went t...
Wes Blackwell
Bubble Looming? Metro Phoenix Home Prices Near 2006 Record
https://www.azcentral.com/story/money/real-estate/catherine-reagor/2018/05/26/metro-phoenix-home-sale-prices-rebound-2006-record-recession/634028002/“Could June be the month metro Phoenix home prices rebound to the re...
Adam Craig
Looking to make first offer on an apartment - check my numbers?
After 7 years of the single family rental/flipping business I am finally ready to get my feet wet with a small apartment building. I have lots of single family experience but I am hoping for some guidance on my first ...
Karolina Powell
First time interested in a larger multi-family - how do I verify financials?
I own several SFH, duplexes, triplexes, and a quad but I'm in discussion regarding a 13 unit mixed use property that is of interest to me mostly due to location (I own several properties in the area and it's near me a...
Luke Ezzo
Debating Proper Strategy for a Beginner
Hi all, this is my first post on any forum! I’m a new investor based in Chicago, but willing to relocate to nearly any city in the Midwest. My long-term goal (10-15 years) is to own cash-flowing 20 door+ multifamily p...
Chris R.
House hacking & +/- cash flow (while owner occupied)
Hey, Everyone.I am curious to know how many folks have or had a positive cash flow while house hacking? I understand that deal analysis is based on a fully rented scenario but I am just interested in how many people a...
Megan Silver
Flashy vs. Practical: Breaking out of my long-term rental niche.
TL;DR: We are good at long term rentals, but we want a beach house. Is that a bad idea?Background: My husband and I own a few (mostly local) long-term rentals that all have a positive cash flow. While I'm not finding ...
Fred Shandler
How to adjust the 50% rule to reflect higher property taxes?
I'm not sure I understand how to do this and I think it's an important idea for us rooks to understand, as property taxes differ significantly from place to place (especially where I am).
The area I've been studying ...
Michael Mcguniess
How I used $38k to generate $17k per year with $26k per year potential
For years I have read about real estate investing but never had the funds to get the ball rolling. I finally had some extras cash laying around and needed to put it somewhere so I decided to pull the trigger and buy m...
Natalie Brown
Hard money lender wants a $2k DD fee & $5k appraisal
My client is looking for hard money. I am not very familiar with their processes. They want him to pay a $2k due diligence fee up front and pay for an appraisal of $5 up front with no guarantee of funding. Keep in min...