David VanWinkle
Strategy for inheriting 2 (long term) underpaying tenants?
I'm about to close on my first multifamily property in 2 weeks! I am buying the property because it is a growing area and current rents in 2 of the 3 units are much lower than they should be, but the catch is that all...
Beth L.
Tips on training your children to follow your lead in REI
Hi All,I am curious to hear from successful investors who have trained their children to develop an interest in REI. Do you have any tips?I have played the Cash Flow for Kids board game and Monopoly with my kids. Perh...
Liz Brumer-Smith
Investing in Commercial NPN's
I'm a NPN investor and up to this point have only worked with residential notes. I understand that niche of the industry to a pretty high degree but feel completely lost when it comes to commercial. I've been getting ...
Michael Furcron
2 Houses with Equity and 50K - What would you do?
I have a general game plan, but would LOVE to hear what more experienced investors would do with my situation. First off a quick description of my situation and my goals.I am 31, we have about 50k in cash to invest an...
Melanie D Melton
For sale by owner, seller wants to back out
Hi, We live in Southern Illinois and we found a house on the fb marketplace that was for sale by owner. We viewed the home, made an offer for asking price, they accepted, and we signed a standard real estate purchase...
Nathanael Isaac LaCorte
Renting Out Home to Create Income History & Build Rentals
Hello Friends,
I am toying with the idea of renting out my home for a year, either as a traditional rental or an Airbnb. During that year, I would live in an apartment. The goal being to create income history so that...
Mason Schreck
Midwest Member Intro.
Well hello there! My name is Mason Schreck, I chose to follow the friendly outline provided at the top of this forum. I uploaded a profile picture (may or may not be an old wedding photo circa mid-Covid), and now I wo...
Account Closed
Leaking kitchen sink not reported until damage was extensive- Who pays for repairs?
I have a sfh in NC that has been rented for a little less than a year. All pipes/plumbing were in working order when rented. Today I received a complaint that the the pipe under the kitchen sink has a leak and apparen...
Jason V.
$15 per Hour Minimum Wage Effects?
Here in good old New York there is a huge push to raise the minimum wage to $15/hour. I'm not here to start a political debate! Hopefully we can all agree to leave politics out of this discussion, no matter what side ...
Chris Yeung
Exit strategy for buy and hold investors
This has sparked my curiousity as I have not done this before. What would be the exit strategy for a buy and hold investor?For example, I buy an investment property for 100K(20k down at 4.5% interest) and rent it out ...