Justin Reyes
Is not renting to smokers a good idea?
I’m in the process of buying my first rental property and I don’t want to rent to smokers. It’s a personal decision but I don’t want to it harder to rent out my property. What do yal think?
Adam Dow
How many chances do you give a tenant who pays late?
Hi guys, I have these tenants who moved in this past June. They seemed like great people and have done a great job with the maintenance of the unit. They painted one room and even planted a flow bed in the front. Thes...
Nicole (Dunlap) Pendergrass
Need help with creative structuring for my LOI on a 16-unit
Hi All,
I am currently writing an LOI on a 16 unit apt building but need some ideas on creatively structuring the deal. I want to give the seller about 3 offer options and he can pick the one that fits his n...
Mark A.
Tenant screening - Subpar credit score...but...
We are thinking about renting our 3 bedroom apartment to a family (2 parents and a 20 year old child). The family just sold their house and received approx $200k from the sale. Seems like they moved out due to finan...
Keith Saunders
How do you contact absentee home owners?
I've been driving for dollars and finding vacant properties. Thats the good part, the bad part is nobody except the whacadoo's leaving me angry voicemails MF'in me telling me they are not selling are contacting me. Th...
Account Closed
Why is building capital more important than cashflow?
I was listening to podcast #17 and at point 25:00 minutes, Brandon Turner and Jeff Brown were agreeing that cashflow wasn't the most important thing to focus on when you're young, but building your capital. The bigg...
Kay B.
No shower for 3 days due to necessary repair
I am a new landlord and need to replace the only shower in our rental property, which will take 3 days to complete. The tenants will be staying at the premises for the duration of the repair and expect compensation fo...
Drew Sygit
Why are Newbies Using Invalid Investment Assumptions from 5+ Years Ago?
Take a look at this graph:What do you see?What RECENT "buy" opportunities do you see in the overall market?When do you think it was more difficult to find a "deal" on real estate, in 2011 or 2019? How about today?It's...
Scott V.
Just put a deposit on a sports car. Am I a complete dummy here?
I'm totally prepared to get my ass grilled based on the title of this thread but that's fine. Please share your honest opinions. Here is the situation:
- I'm a complete car nut. I spend a lot of my free time research...
John Wijtenburg
Is "live below your means" really good advice?
I think a lot of people have trouble reconciling an abundance mindset with the omnipresent, "live below your means," advice.To achieve great success, we're told that we must take risks, act as if, and spend money to m...