Thomas Youngman
Property Investment in Portugal
Hi,The purpose of this post is to connect with anyone interested/actively investing in the Portuguese Real Estate market. I am moving to Portugal in March 2019 and wanted to connect with fellow Property investors. The...
Shiloh Lundahl
Building a Personal Relationship with Tenants - Good or Bad?
I hear a lot on the podcasts and have read on the forums that many property owners pretend that they are not the owners of the property when they meet a tenant or potential tenant. Instead, they lead that person to b...
Perry Rosenbloom
Thoughts on Paying Market Value but Cash Flowing Well
Hi Everyone,
I'm under contract on a 4BR/2BA home. It's very clear that I'm under contract at market value price. 147,500. However, it will rent for $1,500/month and taxes are dirt cheap.
It is also entirely renovat...
Phyo Ko
First investment back against the wall. Need advice!
I bought a duplex and feel like I did everything wrong from over spending on renovations to who I hired for contractors. The learning curve a killer but now I am stuck on unloading my burden selling it to break even o...
Account Closed
Regret accepting offer with owner carry in 2nd position
After listing my property (a 4-plex in San Diego) too high in a declining market, receiving no offers after a month even after a 9% price cut, I asked my broker: at what price could he guarantee an offer within a week...
Charlsi Kelley
Encapsulate a crawl space,New ductwork, rotting floor joists…
Hi BP! I am under contract on a property that has numbers potentially good enough for a brrr. We are under contract at 300k and ARV is 430 bast on very similar comps in neighborhood. I had a budget of 30k rehab to do ...
Seth B.
Is my cash flow really $135.75/month?
I bought a duplex a couple of months ago. Here are the numbers:
Purchase price $85,000 (I put 25% down)
Monthly payment including taxes and insurance is $585/month
Total rent for both sides is $1,...
Adam Boonzaayer
100k to burn, best cash out strategy?
Hey all,I have a kind of unique situation. My wife and I (we're 25 and will have no debt) are about to close on the sale of our primary and make about 100k, by a stroke of luck, and some sweat equity. Our goal in the ...
Nicole (Dunlap) Pendergrass
My First House Hack Unsuccess Story
Ok, I sorta lied, but I got your attention ;-)Although this story is full of bruises, blood, sweat, tears and bad decisions, I still consider it somewhat successful... may not be the best investment ROI-wise, but coul...
Kelly McMillan
Help! Pet damges of $4500 above deposit.
I allowed a tenant to have pets (3 small dogs), with a pet deposit of $300. He was the first tenant in a newly renovated unit with refinished wood floors. After several visits in which I found feces on the floor, a gr...