Brad Stoffel
Balancing Work with REI
I’m admittedly new to the REI gig, but I’ve got to say I’m having a hard time concentrating at work. Things aren’t going well for the company I work for and I see so much potential in my real estate future.
How do a...
Lisa Moon
Is this the new "normal"? Incredibly onerous underwriting for a rental...
I was a mortgage loan officer and an escrow officer 20-odd years ago, before the landscape shifted. I know the drill about proper documentation, etc. But the process I"m in now seems just ridiculous.Hubby and I are ...
Blaine Hubert
How big of a dumpter should I need for 30square of shingles?
Hi,
I'm currently in the processes of rehabbing a property. (you can see more details in my other post) I have rented a 30yard dumpster because everyone I talked to said that would be plenty, even the dumpster guy hi...
Willis Seng
Rental or Flipping?
Which one do you guys prefer? Rental or Flipping? or both? I am new to REI and im just trying to get a sense of the two.
Andrea Castor
2nd BRRRR deal...am I on the right path?
Our offer got accepted on a short sale! I'm pretty excited because this is a condo complex I've wanted a rental in for years. Purchase price: $65kRehab $15k (nothing upfront but a good clean) but eventually will rehab...
Andrew Fidler
Tenant called last night, and her house is missing!!!
There are so many ways to present this, but lets just start by saying no one was hurt and everything seems to just be an insurance claim and a displaced tenant who is being taken care of in every way.I got a call last...
Tomer O.
Low Income + First Rental = CPA needed or not?
Hi guys,About to close on my first rental property, out of-state (TN), cash purchase, through a turnkey companyI've had and will have a very low yearly income (less then $10K), and I've been filing my W2's via 1040EZ ...
Jack B.
Do you provide a lawnmower for your single family rentals?
I've gone both ways. In one case the lawnmower broke (pull handle) with the first tenant and in another, they bought a push mower, that...get's the job done.I'm debating on whether I want to have yet another appliance...
Account Closed
What to look for when searching for properties to flip?
I will start driving around an hour after work a few times a week looking for "ugly" houses in my town. I'm not really sure what I'm looking for, or what neighborhoods I should be looking in. The first time I drove ar...
Trevor Baker
Los Angeles, Exposition Park area, market trends?
We're considering an off-market single-family house in Exposition Park neighborhood of Los Angeles. It's a 1400 square foot 3+2 Spanish-style home built in 1935. It needs a lot of work. A burst water pipe under the...