If you hire the first PM to show up in a Google search or the one with the lowest management fee, you're getting exactly what you deserve.When searching for tenants, do you take the first person to show up with cash in hand or do you screen them and look for the best applicant for your rental?

I haven't been very successful finding good prospects, I even had to evict my recent tenant.We're not getting a lot of applicants, and the few who apply have really bad credit scores.

As to why wouldn't you do ALL of your investing inside of a self directed retirement account there are severalYou have maxed out your contribution limits to those accountsYou can generally use leverage at a much higher ratio outside of retirement accounts. with my properties I hold IN retirement accounts I need to put 40% down.

If you do make offers based on that limited info, do you adjust your offer if, after looking at more detailed info like p&l and tax returns, the numbers are worse than anticipated?

Good morning BPers...Beginning in 2018, the conforming loan limit is set to increase about 6.8% from $424,100.

California has a wacky law where assessed value for property taxes can only increase at a very limited rate (~1%) so most people are locked into property tax rates much lower than their current home values, so this favors purchasing rather than waiting.$4300/month is at the high-end of affordability for me, so seems like the only way I'll be able to purchase a home of the quality/location I want is to liquidate (at least some portion of) my real estate portfolio.

The only other way to legally "wholesale"--is by owning the property and reselling.The applicable statutes are 475.42 and 475.43.

Any borrower caught in the middle of this ebb and flow with the potential of closing a loan that is 40-basis points higher than when they signed the application is concerned.

If the Republican tax plan passes the state income tax deduction will likely be limited or lost altogether.

If you buy w/ a loan (like you did) then you are limited to UP TO 80% of the purchase price.