Hello, I've been searching rental properties in Austin for the past 2 weeks and did not find anything that passes the 1% rule or has a cap rate over 7%. It's more like half of that.If you were to find a property with ...
I am renting a house to a tenant that keeps making improvements to the house. He put in a backsplash in the kitchen, put up larger fence doors, light fixtures and fans, etc. I keep telling him to stop and he says don...
Hey fam. This is my first post. I’m a complete newb. I am interested in getting my first wholesaling deal. There is a depressed neighborhood in my back yard (Newark, NJ) that has tons of homes with potential but are d...
To those starting out I have a word of warning, trust no one. Every single person you think is working for you or with you or in your best interest, is working in their best interest. This is America. Nobody cares a...
In Rich Dad, Poor Dad it says: the people who hurry to catch the wave late usually are the ones wiped out. I wonder if that pertains to starting real estate investing right now. Maybe I wonder because I haven't starte...
Has any one of you heard of Jack's Hidden Tax Sale Cash program? He explains the tax deed loophole where you can buy properties for $100 and make big profits doing nothing but collecting overages from the county after...
1. What Trouble did they case you? Tell the story! Be honest. Some of us will use this information to better ourselves as landlords!!!! 2. How did you resolve the issue, if it was ever resolved?
I just purchased a duplex about 3 months ago and recently had the lower tenant move out because I raised rent higher than she could afford. That said the new people moved in and they are demanding that I test the pro...
Hello all,
So I'm looking for some advice here. My house was sold as a short sale, we closed on 11/4/09 and there was a first (Washington Mutual, now Chase) and second (Citimortgage) lienholder involved. I recently...
I've been thinking about a creating a direct deposit account to accept rent directly from tenant checking accounts to mine. I would have to give those tenants using direct deposit the account number. It would save...