Cody Baum
Well-read Newbie Stuck in Analysis Paralysis!
3 January 2025 | 2 replies
I'm a single father, been raising my two daughters since they were born, and am ready to start building my wealth through real-estate.
Jim Lynch
Minimum "boxes to check" for tenant screening, assuming you are self-managing
31 January 2025 | 6 replies
@Jim LynchSome typical minimum tenant screening requirements look like the following, but it depends on your market:-Renter has a gross monthly income of 3x more than the monthly rent-Minimum credit score of 650-Renter must have no prior evictions-No felons (or other notable criminal history)There are a number of different tenant screening softwares out there such as Zillow Rental Manager, TransUnion SmartMove, etc.Be sure to complete an employment verification by contacting the renter's employer and confirm the details they shared with you, landlord verification (if they have a previous landlord), credit check, and background check.
Monty Alston
Need creative advice to pull equity out of my home ?
18 January 2025 | 15 replies
Without going into too much detail, my current situation stems from selling a previous company via partial owner financing, only for the new owner to default on the purchase, leaving me in this position.For traditional financing, I understand I’ll need at least one, if not two, years of solid credit history, tax filings, and other financial documentation.
Shawn Tinerino
selling with seller financing
23 January 2025 | 3 replies
I would underwrite buyers based on stability of income, financial payment history & ability to pay.
Travis Boyd
Seeking advice on potential first deal - off market 6 unit apartment
18 January 2025 | 6 replies
For context, before I learned about his 6 unit I was planning to purchase a 2-3 unit long term rental in Q1 2025 as my first of many deals with a 5 year goal of financial freedom so I can coach my daughter's high school cross country and track teams.
Shaun Ortiz
How Do You Evaluate Distressed Properties from a Distance?
28 January 2025 | 3 replies
Platforms like Zillow or Redfin can give you insight into comparable properties, and PropStream is great for deeper analysis like liens or ownership history.
Todd David Crouch
Self Employed or W2??
12 January 2025 | 4 replies
If you have a 2 year work history, and go get a W2 job tomorrow, we could use your base pay right away (as long as it is "guaranteed hours" or considered "full time".
Jason Lopez
Do I need an LLC for my rentals?
31 January 2025 | 9 replies
Build a financial history with your LLC.
Stefano Vrolijk
First investment property as a foreign citizen
12 January 2025 | 12 replies
@Stefano Vrolijk it all depends on your credit history, whether you have an SSN/ ITIN and how much you can put down.
Gamal Harding
Columbus Lands Another Large Tech Firm! 4000 Plus Jobs Coming
18 January 2025 | 7 replies
This development is part of a broader trend that sees Columbus evolving into the "Silicon Heartland," with other major players like Intel and Honda already establishing significant operations in the region.Economic Impact and Job CreationThe arrival of Anduril is poised to become the largest job-creation project in Ohio's history, with the company planning to hire 4,000 employees.