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Got a call from a tenant telling me that a blade on her ceiling fan flew off and almost hit her. I apologized but went silent when she said she wanted to be compensated for the mishap. I told her we would talk about i...
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Hi BP!I've been heavily investing in RE for 2+ years and I often try to extrapolate the future based on my basic experience. The latest of those extrapolations is to calculate how much net rental income is needed to s...
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Hi everyone. I heard about this website through my loan officer and I'm so glad to stump upon a place where there is so much information. I currently reside in Orange County California. I would like to purchase invest...
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Thoughts about purchasing a brand new home that doesn't meet the 1% rule.
It's near a new elementary in a growing area outside of Austin. 205k, 3/2, rent is about 1500 in the area. It will be my first rental which is...
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I am getting to be “too close” to this deal so... would you invest in this?
I’m already under contract but can back out during due diligence.
-118k price
-7.5k closing costs (so high!)
-20k repairs
= $145k all i...
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I was just reading through the recent post asking for the TOP quality they look for in a real estate agent. The comments that followed were extremely depressing. They looked more like a list of soft skills most would ...
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Hello ALL
I've purchases and self manage a 12 unit apartment building for approximate 1 year and a few months. I have assistance and marketing and screening and a on call handyman. Yeah this isn't my best system bu...
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Newbie question alert!
Say I've negotiated a selling price with a motivated seller, and the exit strategy is to wholesale the property via a double-close.
Do I use a standard Real Estate Purchase Agree...
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New to investing was wondering if going into debt to pay for a commercial real estate coach is a good idea? I have about half of the “tuition” in cash and the other half i can get using my credit cards is this smart o...
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I'm looking to invest $100,000 in cash toward rental property for a revenue of $3,000 to $4,000 per month. I'm not interested in appreciation or quality neighborhoods. My primary interest is cash flow. With that being...