It's an exciting step towards financial independence.To do so, determine your goals, assess your financial situation, and research the market.

We use a YTDpaystub and last year’s W-2(s) to calculate income several different ways:Hourly or salary income calculated to a monthly amountYTD income divided by number of YTD monthsYTD + W-2(s) income divided by the corresponding number of monthsIf these numbers vary too much, then we investigate and require an acceptable Letter of Explanation.Employment StabilityUnless an applicant has exceptional credit, we strive to determine their stability of employment to make surethey’ll always be able to pay the rent on time.

You will always use a title company but depending on the state it will determines if they will handle the closing. 

We normally use rentometer to determine the median rent and then price them around there. 

If it is, there are many factors which will determine if the Department of Buildings would approve the change of use.

Hey all. I recently use to be a Pro member but had to put my membership on hold after buying my first home a month ago. I tried working in the Pre foreclosure market for a year and had no luck. I wanted to consider tr...

determining valuation is difficult and, if the source of the data is the sponsor, could lead to some very wrong valuations.  

I am interested to know, what tool or tools or even steps do many of you experienced investors rely on when analyzing the numbers to determine if the listing is worth contacting an agent for a showing? 

Someone could have bad credit, but good landlord references, strong income or employment history, etc.I score based on a variety of criteria, determine the level of risk, and then charge a higher deposit to offset that risk.

Your goals are going to determine where you should invest, and coming from out of state can make it difficult to pinpoint without understanding the area.