
21 June 2018 | 4 replies
The formula is simple and is as follows, 75% of gross rent - PITI = net rental income.If net rental income is positive its added to your total income and improves your purchasing power.If net rental income is negative then its considered a liability similar to a credit card or a car loan that you gotta qualify for.Some banks have "overlays," or additional requirements they place on top of borrowers when you have rapid acquisitions of multiple properties but by no means is 2 properties in one year considered "rapid," by most lenders, however 3-5 would be its an underwriter and case by case bank "call," to make.

1 July 2018 | 31 replies
The market here in Cleveland is rapidly evolving an very "block by block."

14 December 2018 | 8 replies
They are in outliner areas and seem to be growing rapidly because of their price points and lower taxes

19 June 2018 | 19 replies
I will be able to save rapidly starting in July.

12 July 2018 | 13 replies
I also thought SeaTac had a reputation as being "blue collarish" but it reportedly is right in the middle of Seattle and Tacoma offering great path to progress and easy commute to Seattle (via rapid transit)....Alaska Air's HQ is right next to property and there are massive expansion plans, which looks to be a plus...On the other hand, I cannot help wondereing how many potential tenants want to next to an airline construction activity and a casino.

22 July 2018 | 14 replies
My parents may give me a 100-200k loan if I ask.Based on a book I read [Part Time Real Estate Investing], the top markets (2016) areOrlando, Fort Lauderdale, Cape Coral, North Port, Tampa, Jacksonville, West Palm Beach, FL, San Antonio, Dallas, Austin, TXGrand Rapids, MI, Charlotte, NC, Seattle, WA, Nashville, TN, Charleston, SC, Denver, Co, Madison, WI, Boise, IDBut, I've never been any of these cities so I have no idea.Back to the question, If you can start your Real Estate Investing career in any city in the United States, where would you start?

6 July 2018 | 11 replies
Lastly, there most definitely is a “good old boy” club in Texas, but it is shrinking rapidly.

8 August 2018 | 7 replies
Hi everyone, looking for banks with little or no seasoning periods for brrrr cash out refi in Michigan, Grand Rapids, Muskegon, Detroit

7 July 2018 | 0 replies
I would like to take someone out for coffee or lunch in Grand Rapids, MI to learn a bit about notes.

21 December 2018 | 16 replies
I would definitely talk with someone who currently lives in Indy as there are many different areas rapidly growing that only someone living here would have their pulse on.