Diana K.
Major foundation problems in a 43k home (buffalo ny)
29 September 2014 | 13 replies
Anyone have any recommendations for a structural engineer by chance?
Justin Finley
Than Merrill Seminar
31 March 2015 | 24 replies
They say that not everyone will get a chance to join the mastery program as they are very "selective" and are looking for people who are eager to become an entrepreneur and follow the "systems" that they will put in place for you.
Account Closed
Newbie From Dallas, Texas
21 July 2014 | 15 replies
If you get a chance, post your before and after pics of the rehab on the forum.Best of luck to you!
John Montgomery
Should I Wholesale or Look to Fix-N-Flip This Property
19 July 2014 | 18 replies
They are not going to volunteer all these relationships to you, nor will these people treat you like the experienced investor, but if they know you have experience from working under that investor there is a chance they will be more open to having a relationship with you based upon the experience of the other investor.Hope that helps...PS The best thing about a mentor in your local market is a great mentor will know the market well enough to know a deal without having to use guess work, they typically understand the little differences in neighborhood that might cause a radical drop in house values of homes that might look like deals, but are really "Money Pits".
Joe Gravelle
should I buy this duplex?
18 July 2014 | 12 replies
Will the value have any real chance of moving up or downward.Denver is an overly competitive market.
Kathia L.
SFR landlords how do you keep renters from ruining your properties?
26 July 2014 | 8 replies
I don't require perfect credit, if they had perfect credit chances are they would be buying, not renting, but I want someone that pays their bills on time, has good rental and work history.As they saying goes, tenants don't normally go bad, they normally were bad when you got them,,,screening is the key
Sean Connolly
Raising Rent
1 August 2014 | 22 replies
Again just enough below market where you minimize the chance of your tenant vacating but not hurt your income.
Tom Castilaw
Should I rent my house out? Check my numbers?
12 October 2014 | 11 replies
You have to factor in the chance of a bad tenant, longer than planned vacancy etc..
Jason C.
Bought two houses and rented them out.Good,okay or bad??
28 July 2014 | 13 replies
It's a great quick and dirty way to get a basic idea of how well something will work out but other expenses/calculations definitely have to be taken into consideration to get a better picture.The numbers you give definitely look good like and since they meet the 2% rule there is a high chance that you will do well but its still possible to be a bad deal without all the numbers.Lets take House 1 for example:$35990 Rent Ready, Rented for $850 = 2.36%50% rule = $425 to Tax, Ins, Maint, etc and $425 in your pocket which is greatNow lets say House 1 was in a trailer park or Co-op with lot rent or dues of $250 a month?