Ty Ottaberry
Taken the wrong path (not sure how to fix it) need advice
21 October 2021 | 1 reply
I don't care what it takes I will make it happen but I'm going to need some help. if you were (self employed), had a small business that provide a lot of free time .
Austin Johnson
Opinions Needed: Why Won't this Apartment Sell?
22 October 2021 | 4 replies
Perhaps my method of running the numbers is wrong, I'm forgetting something or the local market is missing a massive deal.
Ray Kellogg
Pull funds out of 401A and Take tax hit now ?
27 October 2021 | 3 replies
not employed so debt to income could be an issue getting conventional financing.
Abdul Lateef
Short term rental with non vacation single family homes
10 December 2021 | 9 replies
@John Underwoodyes. but my main business is to buy cashflowinf SFR between $120-160k and use the brrrr method.
Gloria C.
Renting a room - how to check references
23 October 2021 | 6 replies
Here's what we do (copied from our website):Screening ApplicantsPoor screening often results in lost rents, legal & court costs and costly damages.Screening of applicants includes the following:Full credit/eviction/criminal checks are done, instead of score-driven reportsVerification of rental history includes validation of actual property owner to avoid fraudVerification of stability of income & employment via YTD paystubs & W-2(s) (analyzed to confirm not fakes)Income is calculated 3 ways to spot stability anomalies: pay period, YTD average and YTD + W-2 average.Debt-to-income analysis (more accurate than traditional 3x rent requirement)Bank statement to see if NSF issues, if deposits support income, prove MoveIn Funds, also analyzed for unusual transactions.Pet screeningHolding Fee required from approved applicants to make sure they are serious, before your property is marked pending.
Jeremy Clendenin
4 unit property looking for help
22 October 2021 | 3 replies
Hi everyone i have a off-market 4plex in Missouri that i need help financing fast numbers are looking good its currently rented for 2250 and market rents for 2800 and my current offer seems strong at 225k My issue is financing i have 25% down and want to use conventional financing but looking for a lender that goes off the property and not my income as self employed and it wont work
Peter Eberhardt
Uber bought me my second property
4 November 2021 | 17 replies
Although the San Diego market is competitive with low inventory and high demand, I see abundant opportunity to maximize real estate investments by employing creative strategies.
Nader Hachem
Things to look for when first checking out a rental property
23 October 2021 | 1 reply
People will argue the pros and cons of this method, but it's the most important element of the business.
Steven M Herrick
BRRRR in Low Income Areas?
23 October 2021 | 6 replies
Having grown up in Willimantic (you'll laugh if you know the area), I wouldn't quite classify it a slum, but definitely not my ideal place to raise a family.My question is this: I am highly interested in the BRRRR method, and there are several multifamily properties in the "slums" that I am interested in.
James Devoe
House Hacking questions
23 October 2021 | 5 replies
It certainly seems like there are a lot of different methods in managing a property