Aaron Z.
$12000+/yr cashflow per SFR?
I currently operate in an investing niche where I can buy SFR's and rent them at $12-15k net income per year. But each transaction requires that I keep between 50-80k tied up in each property.
My question is whethe...
Eric Thornton
How can I evaluate an off market potential commercial investment?
Hello,I am a new investor looking to make my first commercial RE investment. After working with an agent of a little over a year, I have been unable to find a suitable investment property as most in my area are which...
Chad Harter
Why does everyone hate Michigan so much?
I'm trying to understand why so many people stay away from investing in Michigan? There are homes everywhere for 30k. I realize there is no appreciation, but the cash flow seems great. $700-$900 a month in rent for...
Heath Jones
Should I fire my CPA?
QUESTION: Is $2684.25 a reasonable price for CPA to file personal Federal and State tax returns which included 3 sole-member LLCs, all used for operating multifamily REI properties?BACKGROUND: Last year, my wife and I...
Ashley Burks
How long did it take you to get your first deal?
I'm new to wholesaling and It's been three months and no deal. I've tired direct mail and using online marketing methods. I'm not getting any leads. I'm slightly discouraged, but I'm not sure what's 'normal'. How long...
E. Jacobs
Estimating Repair Costs
Hi everyone- I'm trying to start my wholesaling business this summer but I must say I have absolutely no experience or knowledge about rehabbing or its associated costs. I want to be able to walk through a house and k...
Ryan Hurst
Property Managers - are they worth it?
I've recently began looking at multifamily properties (1-4 units) in Long Beach, California and was curious to understand your opinions of property managers. My partner and I work in the finance industry and regularly...
Joe Mulcahy
Pets or no pets
Looking for opinions and policies for pets in your rental properties. We are trying to decide whether to allow it and what to charge them/policies in lease. Thanks for your advice. Sherry Mulcahy
Sam Leon
Tenant wants to break lease and has a friend to inherit lease...
So I got a phone call from a tenant who is six months into a one year lease, she is moving in with a boy friend.Lease has an early termination fee of two month's rent. I am holding a security deposit and last month's...
Donna Hempel
Landlord worst nightmare scenario- Need advise
I am going through the worst nightmare a landlord can have.
Backstory: I put up my house for rent in December when my last tenant had to move out due to getting a job in another state. I was getting tons of queries a...