Nelressa Faye
Anyone know any halal friendly or sharia hard money lenders?
16 March 2024 | 19 replies
If not, any lease to own lenders for income generating buy and hold deals?
Jesse Imes
Short Term Rental Refi
15 March 2024 | 8 replies
Looking for the following:- At least 80% LTV- Quick closing- Appraisal mix of income/residential approach- Take historical income from existing portfolio for newly finished homesThank you for any recommendations!
Chris F.
Collection agency who works with one off cases
14 March 2024 | 4 replies
Unfortunately most collections companies only work with large corporations that provide consistent business.
Sean Lemon
Has anyone used The “flip system” by the Martels?
19 March 2024 | 46 replies
At FlipSystem, most of our students start off by falling between those two categories: they want to be more than passive investors, but they do not have the knowledge or skillset to rely solely on real estate investing as their only source of income.
Jess Hammersley
Looking for Advice: Rental house in Ypsilanti
16 March 2024 | 9 replies
Those that respond “$0” or something ridiculous, you can request income documentation from them to justify.Don’t be afraid to share with them how much your property taxes & Insurance increased and that YOU cannot afford to absorb them.ALWAYS get an increase or something of value annually or tenants will start thinking they should never have an increase, making future increases that much more difficult to negotiate.
Joseph Fenner
Has anyone ever bought a non vacant rental property as their first investment?
15 March 2024 | 2 replies
The problem I am facing is I don’t have income and no collateral so I can’t finance my down payment with lenders/banks.
Deonte Hill
Condo BRRR - Worth the effort?
15 March 2024 | 8 replies
While Section 8 rentals offer stable income, be prepared for additional regulations and inspections, and thoroughly research program guidelines.
Collin Hays
Get Out Now
16 March 2024 | 58 replies
This will put FURTHER pressure on the owners who paid way too much.So...if you are NOT in a good financial position with your rental - if you are relying on it for INCOME and things have gone sideways, GET OUT THIS SPRING OR EARLY SUMMER.
Casey Nelson
Newbie here, trying to start another project
15 March 2024 | 5 replies
Figured get house and get an income coming in then go after three of the other houses next door that are all the same price
Lucas Moncada
Is it all about the money?
15 March 2024 | 21 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.