Stephen B.
Switching Property Management Company After Purchase
19 June 2018 | 3 replies
Don't forget to do credit checks, etc. for the tenants.
Kristoffer Dayrit
Higher loan amount: high salary w/ debt vs low salary no debt
18 June 2018 | 4 replies
My question is which of us should apply for the loan to get a higher loan amount.Me:Monthly gross income: $2500Computed Debt Ratio: 0 (no debts)Credit Score (Transunion): 625My Brother:Monthly gross income: $5000Computed Debt Ratio (using https://www.mortgagecalculator.org/calcs/debt-ratio.php): Frontend 19.5%; Backend 45.66%Credit Score (Transunion): 667So which of us should apply for the loan to get a higher amount?
James Jenkins
Insurance for the RE investor. Big differences! Be smart.
20 June 2018 | 3 replies
There are many concerns here, and restrictions that vary by company based on the age and renovation history of a property.Valuation method: Actual Cash Value will deduct depreciation over time from your claim settle (which can be thousands of dollars), while Replacement Cost Value will not deduct depreciation, and will almost always result in a claim settlement being larger by several thousand dollars.Theft Coverage: How does your policy handle theft claims?
Phil Wells
Happy To Be A Part Of The Community!
18 June 2018 | 2 replies
My family has a history of owning multiple properties and after years of helping them out, I have decided to follow in their footsteps.
Kenny Lincoln
Rent Your Roof for Solar, Has Anyone Tried This Before ??
23 July 2020 | 21 replies
I could offer my tenants a credit towards monthly utility bills based on how much income I make from the solar company.
Israel Hernandez
Looking for a specific podcast episode
19 June 2018 | 2 replies
Hi, I’m new and I’m still trying to figure out which niche I want focus on so I’m looking for a specific episode on the podcast where Josh and Brandon talk to a guest who helps the seller win because it’s the seller’s credit that continues being used to pay off the loan on the house.
Amy H.
Horror stories of Airbnb
2 July 2018 | 12 replies
Had another guy whose wife left him and took his vehicle and credit card.
Michael Tiema
Finance question for a first time home buyer
20 July 2018 | 3 replies
My credit score is 690 and her's is 684.
John Kim
How to buy real estate as a group
19 June 2018 | 5 replies
2) Is it possible to apply for a mortgage without anyone's personal credit?
Dave Bopp
Ideas for Motivating Tenants to Move Out on Time
18 June 2018 | 5 replies
I would let them know that an eviction is not just another collection item on their credit and it will be a very large red flag for future landlords and other credit grantors.