I am under contract with a land deal, on Marrowbone Lake In Joelton.

I have an applicant that I should have out-front denied based on income, but I approved them and tried justifying it in my head.

Many cases of 90% LTV anything do not exist, and 80% LTV anything do not exist much either (unless it is a purchase on a rent ready property or a delayed purchase).

As many other I am beginning my journey on real estate hopping to learn the most I can.

I just won my first tax sale property and if all goes well (AKA the judge reviews the property and approves everything) I will likely go down the tax sale rabbithole as the property I bought was pennies on the dollar (hopefully noone broke in and stole the copper plumbing lol)

Hey all,Looking at a property on Seymour between Fulton and W 32nd. 

Considering going in with other investors on a condotel unit in Las Vegas.Do condotels have anything different about them - as far as taxation/regulation/classification vs any other type of short term rental?

@Omar Khan and @Scott Morongell do you have any further info on the do's and don'ts of this?

Upfront expenses and monthly payments must be considered when calculating the return on your investment.EXAMPLEI will provide details below, but here's the short version for those who hate to read or do math.

I'm on the fence with a mid grade carpet that gets replaced with each tenant, versus a higher quality that can stand up to stains and cleans well.