Chris Mcmahan
I Fuc*ed up! need help
Hey guys, i really messed up. Out of desperation i bought a house for my family, we were pushed out of the west due to housing prices. Its a freddie mac home that requires us to keep it as our primary residence for ...
Meg K.
Handy man fees...Your thoughts
Hello,Am i being unreasonable by telling my handy man that these charges are too much. He said he went online and searched for average charges. My argument is he should use local comparisons not national. And i coul...
Basu G.
Agent scammed us at the auction
We have had many people laugh at us when we told about this. We had an agent who would send us some properties he thought were good buys from listings on FMLS. He accompanied us to the auction on 11/07. At the auction...
Simon Ghandil
Rental #1 Purchased Today
Closed on it today, it's a 2 bed 1 bath in Portsmouth, VA. Purchased it for $30,000, after closing costs it was $31,650.15. Planning on placing a tenant buyer in there for $975 a month. Taxes and insurance will set me...
Richard Waterman
Can attaining a RE license in any way be a detriment to a RE Investor?
This is a question I hadn't considered until a couple days ago, but here is why I ask it. I'm new to investing and want to start making money, and I'm also committed to learning everything I can about whatever I get s...
Kelly Byrd
Living in CA, investing out of state. Where to form LLC?
I think I have a simple enough situation that I won't require advice from a asset protection lawyer, I'm hoping some of you are in a similar situation and can pass on what you have done.My wife and I live in Californi...
Brice Hall
A lot of people are being misled
What's up with all the low income, cheap property "deals"? "I bought a house for $30,000 and rent it out for $700! I'm going to make a great return!"You are completely neglecting future CAPEX. What happens when you ne...
Emily K.
Who has air bnb rentals that they don’t own?
Hello everyone! I currently manage 3 Airbnb properties and was searching for purchasing my own Airbnb property. Because I am not financially prepared to purchasing property, It was suggested that instead of purchasing...
Martin S.
2% rule is bull
I cant find a single property that I would be able to buy in a half decent neighborhood utilizing the 2% rule. I looked in almost all of florida. Maybe a trailer park home, but then again, the land rental fee or whate...
Account Closed
What is your system for collecting rent?
I've always just collected checks on my SFR in the past and that has worked, but I could be closing on a triplex soon and I am worried collecting checks will turn into a headache. Does anyone have a system/app/program...