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(a sub30kclub topic)
I'm thinking about renting a duplex to section 8 tenants. To protect myself, I'm thinking about insisting on running a criminal background check on every person who will be living in the...
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I’m looking for others that have had issues with Lima One lending. Many of the issues I have had and seen Others on the forums include; them jacking up interest rates without informing the consumer right before closi...
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Can someone give me a definitive answer on the 50% rule? I understand the concept, that your expenses should only equal 50% of your gross rent in order to get positive cashflow. But which expenses are included in th...
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Wow! Our last poll had over 700 responses! Because I think the last poll generated a ton of interest, I'm going to start doing this regularly until someone stops me or I run out of questions to ask :) This week, the p...
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It is my first time using the BRRR strategy instead of just flipping the house and I must say I am bit concern over the number. Here are the details:I paid €141.750K for an apartment using private money to fund the en...
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We lived in a really nice house for about 7 months and our landlord sold it. We were aware that this could happen, but the problem is that we had a tear in the carpet that we knew would need to be replaced. We were mo...
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Investing in Sacramento or Stockton? Which One Is Better?I work a lot with Bay Area investors looking to invest in the Central Valley, and a question that comes up time and time again is "Should I invest in Sacramento...
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I’m an experienced RE investor who lives in San Diego. In a year I will be selling an single yet expensive beachfront investment property I own. I own it outright without a mortgage. I am looking to replace this prope...
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Do you form a new LLC/entity with each new property you buy or do you have one LLC/entity holding them all?
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My wife and I are finally looking at and making offers on properties after months of learning, hustling for extra money, and working on credit scores. We're looking at small MFs (mostly duplexes) in Austin, Texas to o...