Kyle B.
MLS Competition
Thought I would share an anecdote of a situation I just went through that coincides with everyone's sentiment that REO properties listed on the MLS are super competitive right now.
A home covered in mold was listed a...
Joshua Dorkin
Your Predictions for Housing and Real Estate Investing in 2012
Hey all - I was curious about your thoughts and predictions for the real estate / housing market for 2012. What do you expect? What will things look like for investors and traditional buyers/sellers?
I'd love your ...
James Rodenberg
Self Manage or Hire PM?
Morning everyone!
I haven't posted in a few days so I figured I'd jump in here and get a discussion started. I have a goal to post at least once a week to get to know you guys as well as make sure I'm consistently le...
Jerry W.
I MUST BE CRAZY
Ok folks I am looking for input. Am I cutting it too close because it is a creative financing deal? Here is the situation. I met a fellow awhile back when I was in city hall who was registering a fourplex he and ...
Yuvaraj Vimawala
Faulty construction - sue insurance/builder?
I have a 3 bed 2 bath (1 story) KB home rental property in TX. Recently had couple of plumbing issues where the toilets were not flushing. First time, got the sewer lines cleared in the yard - spent $2500. Then again,...
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what's wrong with negative cashflow
I know that's stupid question.
I just don't see how I can start my first investment with positive cashflow. I would be banking on the appreciation. Is that really wrong? You gotta start somewhere right? If I can ...
John Thedford
Month To Month Tenancy Or Annual Leases? Why?
I am considering not renewing any leases as they expire. I feel one of the main benefits to a month to month tenancy is being able to adjust rents if a property has continuing issues that cost more cash out of pocket....
Ed Ma
Should I sell rental
I purchased a SFH back in 1995 for 220,000. Lived in until 2001. Converted it to a rental in 2002. It's been a rental ever since. Renting for $3650. House is valued close to 1.5 million. Should I sell or keep it as ...
Matt Cramer
How much Cashflow do you really see?
What are you seeing as CASHFLOW on your properties and what was the purchase price of that or those rentals?I'm talking about cashflow after all expenses. $100 per door? $1000 per door? What are you seeing in the diff...
Kyle Lewis
CapEx reserves included in expenses?
I've used a variety of deal analysis calculators and many of them include CapEx estimates/reserves in the 'Expenses' category, like this:Income - Expenses (including CapEx estimates) = NOIBut shouldn't CapEx estimates...