Some of these things just get too long to type, and they are all based on your individual credit report.

Our CPA who prepared the K1 indicated that because most of our other deals were flips this particular investment should be viewed the same.

Hi GuysDoes anyone know of any software that would help me identify individuals with investment properties who can be targeted for a new mailing campaign?

Firstly, forget about the 2% rule - it's fiction and, other than perhaps a benchmark by which to pat yourself on the back, has no relevance to evaluating a business (which is what you are doing).Let's say average rents for similar buildings (12 - 20 units) in the same local area indicate a theoretical scheduled (not gross) rent  of 110K.  

There is a great meetup every month of like minded individuals.

A lot of individuals take for granted the experience needed to oversee a $25,000 project renovation, dealing with local code, local utility and other idiosyncrasies of a particular market.  

I typed '@far' to get your name popped up.Oh just to add a little bit of my .2 to what we are talking about here...the 50% rule indicates that the 50% of your total monthly rent should cover your total estimated monthly expenses.

Anyone have any material on renting individual rooms?

You will receive an Addict award along with a habit; as well as learning and retaining useful real estate information without struggling.We are considered to be the average of the 5 people we spend the most time with so connect with REIA meetings, accountability partners, and mastermind groups to engage with individuals interested in real estate investing.At the bottom of this page is a list with help in it.

I'll come back here and post again when conditions start indicating a market top, which will be undoubtedly followed by a bear market lasting around 18 mo. to 30 mo.