My first two purchases were in blue-collar suburbs of the Kirby/Northeast area, but the charm of the older buildings in the downtown and surrounding areas have made me focus on rehabilitating these older homes.I have a few deals in the pipeline and will definitely be seeking the community's advice in the near future.Thanks,Kyle

I have another post of interest to follow in the appropriate forum.Todd, Fred, and I combined forces at the end of last year to become both buyers and lenders with our own private funds.  

A warranty period after the tenant moves into a TK home is appropriate.   

If we take out a mortgage together to purchase another property would it be appropriate to purchase it under our names and then transfer it over to the partnership business which we own together?

Verify this place is actually and appropriately under contract.  

One thing I have not been able to figure out is what is appropriate and gives the best impression to a seller when going into a home?  

Hello All, I will be in a very good spot to being building my buy and hold strategy in the next few months and I am curious as to what everyone sees as the appropriate amount to have in reserves when buying your first property.

I suspect that many of those podcast guests are actually over leveraged and will give back a large portion or all of their portfolio in the next downturn.Now, don't get me wrong, I'm not saying leverage is an inherently good or bad thing ... it is a tool like everything else, and can be helpful and useful if applied appropriately.

Will repost in the appropriate forum.

Raising rents so quickly without stable rental income right in the beginning would not be appropriate.