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Let me start by saying I am all in on RE. I have an MBA, spent years learning about RE before I pulled the trigger. And when I did, I bought 5 houses worth over $1M in 18 months with only $100K of my own money. So I f...
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Our buyer’s agent offered to list our duplex for rental with the commission paid by tenants. However, it has been 3 weeks after closing but there has been no deal despite activities of showing and open houses. We are ...
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So...one of my tenants is claiming that she and her daughter are seeing a spirit in the house. Did not know how to respond to this. If it was a maintenance item I would send my guy to take a look right away, but what ...
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I've posted here a few times about a bad experience I had with a PM. The more I look into it, the more convinced I am that she knew precisely what she was doing - which makes me wonder how common this is. Unbeknownst ...
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Bought a SFH at the end of last year. Off market deal, had a tenant who owner said , "has not paid rent in 6 months, and i dont want to deal with the eviction process." I got the house for an awesome deal. One of my b...
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I just love this saying...
and,
"analysis paralysis" = someone (usually a numbers guy) who over analyzes every deal to a point where he can never jump in the game.
Dave Ramsey always uses "leave the cave, go out a...
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Too many companies have been very successful after being started by High School drop outs. Others have success by individuals dropping out of college to start their business. Others who have a 4 or 6 year degree end u...
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Hey all,I'm finally at the point where I'm going to file for my LLC. There will be four members (all close family) involved. I'm in Illinois and the cost to fill out the paperwork myself is $500. My CPA will do it for...
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Some context…
Small multi-family building (4 units) self managed. One of the upper units went vacant and needed an update (flooring, paint, etc.). Power tool work began no earlier than 9:30am and finished no later ...
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In the last few months, I have met a few retiring landlords who were looking to unload their properties. When I looked at the properties, I was really surprised at just how junky they were. They were a bunch of ...