Account Closed
Hold or fold?
An older friend (close to 70) owns a rental that makes a small positive cash flow.
There is an existing mortgage of about $15K which he could pay, but has been saving that $15K (and more) for down payment when he fin...
ALLEN KEYS
Hold or Fold?
Ok, so I’ve followed most of the advice listed on this site and completed as much research as possible on investing in a Fannie May multifamily (REO) property. The numbers were good so I decided to go for it and cont...
N/A N/A
When to Fold
I don't know if we have what it takes to manage the stress when the bills mount. It feels like we're too much in debt but maybe we're not used to what to expect and are over reacting. We're in our fifties with no reti...
Jason F
Alternative to bi-fold doors
I bought a house in a really nice area and I want to rehab it very differently then the way I'm use to. Instead of cleaning it up, throwing down beige Lowes carpet, painting the walls white and 'making things work', I...
Josh C.
Indianapolis Property Management Folding Up
I'm been a member of this site for 9 years and unfortunately another sad story here in Indianapolis. A property management company not named Oceanpointe has lead investors astray. A company with a good reputation and ...
Joshua McGinnis
Don't Fold Your Cards Too Soon
I just wanted to share a quick tidbit about two wholesale leads I received today. I sent 1200+ yellow letters throughout Dec and most of Jan. After I sent my last round of letters to my initial list a few weeks ago, ...
Cynthia Miller
Detroit hold em or fold em?
Id like to hear from others who own rentals in Detroit, lower income areas.,Im seriously considering selling but I do see a lot of improvement the last 2 years and afraid I'm going to be kicking myself if I get out no...
Kwambe H.
Underwater Rental Property - Hold or Fold?
Hello BP! Several years ago, a 22 year old me (and my wife) with a baby on the way decided to purchase our first property (with little to no money OR real estate experience). We purchased this home mid 2006. Fast f...
Janet Runes
Swansea: Should I hold, raise, or fold?
Sorry if this is too long - I'm new here!My question is about whether I should continue renting my property at the current rate, terminate the lease and try to raise the rent (may get ~$500 (40%) more), or sell it (ma...
Ericka G.
Hold or Fold? Knowing when to Sell
For those who buy and hold - how do you decide when to fold (sell)?
Here's the situation: Bought several OOS properties starting 2.5 years ago. We "chose" this location because my husband was assigned there for wor...