Adam Anderson
Strategy changes between up and down market
Reading post I have seen many commenting on changing strategies in the current down market. How should one's strategy change between an up and a down market? Does a down market just provide more opportunities than in...
Isaias Boesi
What are the best areas to invest in LA?
Hi! I'm getting started with REI and trying to make my first deal this year. Since I live in Los Angeles I want to start investing here. So I wanted to know what areas in LA are good to invest to either fix and flip o...
Dominic Balconi
Monthly Rent Renewals, Or Leases, & For How Long?
Do you have your tenants renew on a monthly basis, or do you do leases? If you do leases, for how long? 3 months, 6 months, 12 months, 36 months? Why did you choose what you choose and have you considered changing?Tha...
Michael Taylor
I need help with a Refi out of an interest only loan
I have 14 properties and I only have loans on 6 of them. My credit score is running about 750. It will be higher because I am paying down credit cards. I ran them up doing a rehab. I also have a job paying $80k per ...
Rudolph Shepard Jr
Mini Split HVAC unit on Mobile Hm
Looking for info on using a Mini Split HVAC unit on Single wide mobile home. We Have a couple older homes with deteriorating trunk lines and currently window units. The mini does not require ducting and looks relati...
Rob Bianco
Question about Homeowner's Insurance
Quick background: I own all my units in cash and plan to refinance once COVID-19 blows over
I
currently have a policy on each property the pays out on an Actual Cash
Value basis. Coverage limit is based off of th...
Account Closed
To Refi or Not?
Here is my situation:Bought a house in 2012 for 230,000 put down 20% and owe around 177,000.The area has appreciated greatly and the house is currently worth 350,000.We currently use this house as a rental property an...
Marc Dela Cruz
6-unit, Below Market Rents, FSBO, Owner Wants to Retire
I have a deal. It's my very first deal, so I don't want to screw it up. I appreciate any tips and advises.6-unit each 2bdr 1 bth - Asking Price: $1,200,000 ($200k per unit)ACTUALIncome: $84,000 ($1,166 per unit; below...
Nick Baldwin
"Market Corrections" or "Bubbles"
I am fairly new to actively investing in real estate- however, I don't consider myself a newbie when it comes to understanding the economy and markets.
I hear a lot of discussion about a potential all market correcti...
John McKee
Is Rita's Italian ICE a good tenant?
Looking for anyone who has any experience with this franchise as a tenant. Seems a bit seasonal to me but if the annual numbers are good on an average store then it might be worth it.