Walter Roby jr
Show me your 2% rule
Greetings,I live here in the Los Angeles market and by no means expect to find any investment close to the 2% rule both on and off market. I have tried researching recent sales and cross matched potential rents in oth...
Brandon Turner
Rental Investors: How many Checking Accounts do you have?
Hey folks - I'm thinking of switching up how I do my checking accounts for my rental properties and I'd love to hear from some of you who have multiple different properties. Right now - we run most of the income/expen...
Timothy W.
Things I like about Obama
In an effort to be real, honest and fair, I will admit I can think of 3 key things I like about Obama.
1. Credit card reform legislation. This was smart and is, for reasons I don't understand, an underplayed bipart...
Russell Strom
Residential Backflipping
Hi everyone,
I listened to a webinar the other day that had an interesting idea. They called it residential backflipping. I'll try to lay out the basics from that webinar here (this is what Peter Conti and Jerry Nort...
Daniel P Willis
How does the Cap Rate Work
So I have a single family home and a trailer that I rent out and my wife and I are looking at purchasing a triplex or quad. How does the Cap Rate work and at what time does that become relevant? I always try to learn ...
Kimberly Kesterke
I take issue with the term "slumlord" and here is why
Landlords have a noble mission. We provide safe and clean housing to our tenants, keep homes maintained and reasonably respond to our tenants requests. We provide housing options so that the government doesn’t have to...
Mark R
Anonymous Landlording
In the past my tenants knew us as the landlords and owners. They'd call us if they had problems and issues. In the future we are going to take the advise of others and stay anonymous as much as we can.
Do you guys w...
Robert Coomer
Apartment Building Question
Hey Everyone,
I just found an apartment building for sale at what I think is a great price, but I would like a second opinion. Here is the information:
List Price: $345,000
Units: 16, All 2BR 1BA
Rent Price: $600 per...
Peter Kozlowski
Contractor scaring me with contractor’s’ lien
Hey all,
I hired this contractor to do some balcony work on my property. I paid him 50% of the final price as agreed in our contract for the completion of 50% of the work.
However, it turns out the work was of low ...
Robert Arnold
Have you had a loan called after transferring a property to LLC?
Purchased a property in my name with a 30 yr fixed mortgage (big corporate bank). Have sense formed an LLC. Planning to transfer into the LLC. Would love to know if anyone has done this and the bank called to load due...