Its my understanding that banks will typically allow 75% of the rent as income.Be aware there are a lot of expenses associated with any property, and more for rentals than a property you occupy.

Hi there, I'm looking at investing in tax liens in my local area (Ohio).I'm curious to know the risks associated with liens.I know *if* you foreclosed on the property, you have the very real chance of getting a property that's almost worthless, thus overpaying.My area pays 16% per year for liens, so that makes them a pretty decent investment.

Check out your local Real Estate Investment Association for other fellow investors.

The only types of fees associated with being a sole proprietor are the licensing fees that your city or state or locality charges for doing business.Tax Consequences of a Sole Proprietorship.

You should do a search with google.Also, check with the National Association of Credit Services Organizations to see if the company you are considering is a member.This is the only accredition that matters in the credit repair industry.

Hi Everyone,I am new to BP and real estate investing in general but have been following some large (8 units+) MFDs in some rough areas of Newark and Jersey City with numbers that sound good and am wondering if anyone here has experience with owning MFD in these low-income areas and whether you can give me your opinion on whether it's worth the risk associated with the areas/tenants, etc?

Many probate filings may not list a property if the inventory has not been filed in association with the probate.

Always have everything planned out in advance: What will your exit strategy be on a particular property, how will you fund it, what are the costs associated with wholesaling a property, how much will you make on the deal, how and who will you sell it to, etc.

Findtheseller .com will give you a many page report with relatives, neighbors, neighbors at the last place they lived business associates, etc.

Check tenant landlord laws and even check with state/local apartment association as they may have some boilerplate items.Once you know the laws and the bounds (e.g. most you can charge for pet deposit, pet rent, etc.), I would recommend - No Fighting Breeds (Generally Pit Bulls, Akita, Chow).