Minna Reid
Losing time and money
I had two closings set for end of May....one was fine...of course the other became a huge pain. At least it was the less profitable one. Sure enough there was a last minute snag which came at the 11th hour. My buyers ...
Eva Chora
Losing Money In Cleveland
Hello everyone,
I am a fairly new investor and recently I bought a duplex in Cleveland (44111) and Brooklyn (44144). I have been under since the day I bought (going on two years now.) I am struggling with keeping the...
Nathan Gesner
Biggest reason for losing money?
I know: turnover is the biggest expense. But let's be more specific. Is it:1. Time sitting vacant during turnovers?2. Losses due to excessive wear-and-tear?3. Maintenance or capex?4. Expensive property management?5. M...
Tanikki Jones
Should I lose earnest money
Buyer put in an offer that had a solar panel transfer attached. Sellers agent never attached an addendum stating how much solar panel was …..did due dilligence and come to find out there’s a balance of $18k for solar ...
N/A N/A
Losing money . . . wait to sell?
Not sure if this is the right spot for this. Here is my question, I have 3 rentals one is running in the red consistently. You guessed it, its in Arizona! I want to sell it but think I should wait till spring.
How...
Seth Firestone
Losing Money Due to Vacancy
I live in the Northern Virginia area where most of the properties have about a $3,000 a month mortgage. My partner and I are looking to buy our first property soon and we plan to house hack it for a year. I think ab...
Joanne Tsai
which way to lose money?? :(
Hi BPers, I have a condo in NYC, and I have been lucky that my tenants of 6 years have been paying throughout last year. But no surprise, they want to move out when their lease comes up this year in June. my building ...
Rukhsana Shahid
Losing Money on Multi Family
I’m looking for advice on whether to hold or sell a 3 flat-first property. Note: This isn’t my personal property but I have a personal interest in it.
-Purchased an older 3-flat in 2019 at $250,000, with an FHA loan...
Jonathan H.
Losing money on first deal?
Hi guys,
I dont know any full time investors in my life so I have to come here for a lot of newbie questions. Hope this is ok.
I often read about people who have or are losing money on their first investments.
I j...
Account Closed
Losing money on a lien
Simple novice question: can you lose money after buying a lien?