All Forum Posts by: Ryan M.

I always have late fees on money judgements and they always get thrown out in court. Judgements are a crap shoot anyway most of the time I just go for possession. Spend your time moving forward not chasing the past.

If the question is to take a 2nd on a primary, cash in retirement funds, and finance to the hilt to make it work for 1 single rental, then She has a legitimate reason not to be on-board.

Is this lot split already? And why wouldn't the current owner build and sell 2 houses if it was so great?

Man those are ugly numbers essentially you are subsidizing people to live there.

If he spent all his time on 1 single Duplex, something is wrong

I will use today as a example.

My other half had other commitments today. I'm here putting a counter top on but it seems like the day is dragging, There isn't any other contractors here today. I'm messing around on my phone, when we are both here we feed off each other and get way more done and the day flies buy.

Curious how many people are atleast 2nd generation multi family investors with atleast 15 units. For myself I am 4th generation. It would be nice to get a forum on the practices that have stood the test of time, up markets, down and everything in between.

Its certainly everyones own decision but when re is bought typically your name is on there if things go bad which did/is happening to a lot of landlords they come after you personally. I had lunch the other day with a former agent that had things go south for him, lost all his rentals including his house and now rents a apartment with his family.

Again, not stirring the pot but these things happen.

We don't buy properties that look good. I should post some day 1 pictures. These are properties that people banked on the appreciation word and really didn't have a handle on the tenant aspect.

We watch these properties and comps. Once the property 2 down sold cash 108k with 4 dom, for example, that looked good clean & nice curb appeal, we jump on the ugly ones. Once renod we get higher rents than market.

Wow, what's plan B if things go to pot?