I recently bought a 6-plex and there was a washer and dryer in the building. Nothing about any contract or lease was mentioned by the seller at the time of closing, and admittedly, I didn't ask what the deal was w...
After doing some searching, I ran across an ad by a motivated seller. His asking price is $60K for a 3 bedroom house that needs $30K in repairs and has an ARV of $160K. From what I can tell, this sounds like a good ...
Generally speaking, what is a "distressed" house? Whenever I hear this term I think of something that sells for around $30k and needs about as much in repairs (if not more) just to be rent ready.
What major r...
Hi all,
You must listen to podcast #689, The #1 Real Estate Tax Loophole, with Matt Bontrager. I was impressed with the information shared by Matt. It was easy to understand and to the point. I Googled Truebooks revi...
Hi all
Started landlording in 2018 and I have grown to 3 properties since then. I have never evicted anyone, or even terminated a lease, despite a few situations that warranted it.
As you may predict, that is my ...
I needed to take a little break. I have been spending hours preparing for a tax sale that will be held this Wednesday. I was wondering how does everyone else prepare? I wait till the last notice has been published giv...
We bought a home in Pasadena from a wholesaler with the intention of doing a fix and flip. They had a contract with the 83 year-old seller saying she could stay in the property for 15 days after COE, to which we also ...
Seattle passed a bill that extends eviction protection for renters for 6 more months. So, basically you don’t have to pay rent for 6 months AFTER the city reopens. This could absolutely wipe out small time landlords l...
After hearing the Rock Thomas episode I looked into M1. The concept makes a lot of sense but paying $700 a month to network is quite the cost/commitment. Anyone on here taken the leap of Faith? I would love to hear fr...
I'm 18 and I want to get ahead of the game. I want to learn and understand the business world and start making money early. Where do I start guys.