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12 May 2018 | 78 replies
Never work at making any applicant qualify.First lesson in screening applicants is never compromise on screening.
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27 March 2018 | 7 replies
It was a bit high in what we could leverage funds for and after we close, our options will be limited.
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28 March 2018 | 5 replies
Hello all. I've been interested in real estate investing for about 5 years or so and have finally decided to jump in and be aggressive. I currently have two rentals and am searching for my third. I've also got a smal...
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27 March 2018 | 4 replies
You will be exempt from 1/4th of the gain up to the limits of the sec 121 exclusion assuming that all units are identical and your accountant set up the depreciation schedules with those equal allocations.2.
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30 January 2019 | 13 replies
My experience is fairly limited to one location, but based on that 15 year is the max.
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26 March 2018 | 0 replies
We brought a SFR with a newly installed roof but there were leaking from first heavy rain. The roof company came to fix it for many times but still leaking and then we were told that is the sweating of duct piping. We...
29 March 2018 | 5 replies
At this point, I prefer to have deals closer to home (Chicago area) though I realize that may be limiting.
27 March 2018 | 3 replies
I have family support in Charlotte, and I have reliable people I have trained to check on rental applications and interface with me/ I can also go to the area if need be to make sure things are running smoothly.
28 March 2018 | 6 replies
you can have 10 mortgages with fannie, the restrictions get a bit tighter on 5-10 but if you have strong underwriting should be no problem. many banks will limit how many they give you, but there are no shortage of banks.
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3 May 2018 | 44 replies
I may have a credit card with a $10M limit...but it doesn’t cost me a dime until I use it.I hope this helped.Stephen