Jason Rodriguez
Newbie from Tampa, FL - Looking to Change My Career
17 March 2014 | 16 replies
We did that when we first started haha, that was the worst investment decision we ever made.Please feel free to contact me if you have any questions.
Brian K.
Haunted House Stories
31 October 2018 | 15 replies
I understood that there was more than just that but that was the worst.
Marc Ramsay
Eviction Movers Trashing My Building
4 November 2013 | 13 replies
I remember my 2 worst evictions I had.
Tasha Thomas
Looking for a good place to buy a rental property
31 March 2014 | 13 replies
I am very new to this and I don't want to be in the worst area of town or one with high taxes.
Jon Klaus
How much is your lowest rent?
31 October 2013 | 22 replies
You start looking at 20k houses around here and they are in the worst part of town.
Nick Leamon
Is the 2% rule true for single family home rentals?
19 November 2013 | 23 replies
Thanks to everyone who has responded, I appreciate all the advice, and will look to use it in closing future deals.The taxes and insurance are included in my months payment as will less than 20% down they won't let you pay them at the end of the year.And yes I lived in the home before moving out and turning it into a rental, which is how I was able to use FHA financing, I believe this strategy of moving every year or so is beneficial, as you get primary residence rates instead of investor rates when financing, however without rental income you do have to qualify for both mortgage payments.So as to one persons concern I do have rainy day money and my wife and I both wrk, and could cover both house payments with our income, so if worst came to worst and it sat empty we would be fine, and yes I am saving all$245 in a different account, and if it builds up over time I'll consider it a nice little bonus.
Scott L.
Comparing crowdfunding sites for RE
11 May 2014 | 95 replies
It seems to me that crowd funding would at best be an investment in deals that could not be funded via conventional lending channels, and at worst fertile ground for scammers.
Daniel Dietz
Is there a 'Appropriate Minimum Interest' to offer to PM Lenders?
5 November 2013 | 8 replies
All was good after explaining what was going on, you'll avoid these by getting your investor to call it something other than an investment.Which leads to education, you'll avoid those calls by educating your investor in what they are doing, what they bought, what they earn, profit or interest, how they are secured and in the worst case how they get their money back.Never put anything in writing as to what potential profits might be, you might talk about it, but stress it's no guarantee or that home-runs don't happen everyday.
Dennis Suratna
Things to watch out for when purchasing a property as an investment
4 November 2013 | 15 replies
First, California is probably one of the worst states to be a landlord.
Indrani Peyton
Need advice/partner
6 November 2013 | 2 replies
Worst case, it doesn't work and you learn some valuable lessons.