Jake Blickenstaff
Newbie from Kansas City, Missouri area
15 January 2014 | 12 replies
I currently am a Power Plant Operator and am saving my extra income to start investing in assets so that my money can make money, instead of 'working' for my money.
Scott Friend
Purchasing Additional Properties from Overseas
8 January 2014 | 5 replies
Example would be as follows:$1695 - Amount tenant pays for rent$152.55 - Property management fees (9%)$1542.45 - Amount paid to myself$1469.02 - Mortgage payment$1500 - Amount I pay for mortgage (I prefer to round up just to pay a little extra on the principal)This leaves me with the $42.45 profit from the property.I'm not sure how to buy in an additional market (or even go looking for one for that matter) where I could purchase an additional property for income purposes.
Jon H.
access to MLS solution
8 January 2014 | 1 reply
The site is CRSdata.com I've researched this site and it provides MLS data and can provide investors with mailing lists and sales comps.
Evan Zierk
New member from Racine, WI
19 January 2014 | 26 replies
I have more free time than most recent grads I know and I am determined to use that extra time to continue investing in my own education.
JC Smith
Do these Loan Details look right for FHA?
13 January 2014 | 6 replies
Rates today would yield you about a $7500 credit unless you're locked in...appraisal is a little high by a couple of hundred bucksI am with a "Direct Lender" called Skyline Financial out of Calabasas if you need some extra help email me [email protected]
Abel Vazquez
What is a good phone to have as an Investor?
10 January 2014 | 8 replies
Does any one have any suggestions of what is a good phone to have as an investor that is good for storing data and sending emails fast on the go?
Kevin Lopes
Sketchy leases please analyze!:(
9 January 2014 | 15 replies
The more research I do on here and on city-data forum, the more I see these 'ghetto' rarely turnaround.
David Lee
Has this happen to you?
9 January 2014 | 13 replies
Since the tenant caused the damage there will be no reduction in rent , and repairs will be extra rent .I have the utility company contact me if utilities are shut off , the properties on well have no water without power , city water does , when I get a shut off notice , I go over and blow out the water pipes (winter only) and I disconnect the electric from the water heater ( save the elements) .
Scott Friend
Member Living in Germany, from the US with property in Northern VA
12 January 2014 | 3 replies
Hello all,I'm currently living in Germany for work (not sure on how long my family and I will stay here but we're hoping for the long run) and own a property (lived in for just over two years) in Northern Virginia, which is currently being rented out (and managed by a PM firm).I would like to own multiple residential properties to serve as extra income and eventually move onto commercial investments (or possible multi-family properties, such as apartment buildings).I'm here to look for advice on how someone in my situation could start pursuing this goal.
Tom Scott
How small an area should I focus on?
10 January 2014 | 6 replies
Finding comps isn't necessarily hard, but you begin to get vastly different numbers for houses that are pretty similar.Given that I am new to this and want to minimize my risk exposure on my first rehab deal, my first intuition is to just focus my search in the zip codes I can easily comp out and I know will limit my risk of basing my decision on bad data.