Thomas Stanley
Selling Low income houses
13 December 2015 | 10 replies
Keep refining your process to accept fewer problem tenants.- Study up on offering owner financing to investors.
David Mirza
how do banks calculate income for an existing rental
15 January 2016 | 7 replies
The American banks likewise have been ordered to tighten their mortgage regulations and underwriting criteria quite a bit, similar to the stress testing Karl describes.
John Thedford
Is A "Working Dog" Classified As "Service Animal"?
19 December 2015 | 17 replies
If that dog had tendencies of poor behavior it would not have been accepted as a police dog and 2. they darn sure don't go inside of any building, they are better trained beyond house broken.
Markeen Baker
Wholesaling commerical restaurant
5 December 2015 | 0 replies
The owner has an asking price, however, is willing to accept half of the asking price with the option of writing up a land contract to develop monthly installments for the remaining amount.
Austin Hughes
Automation: Pre-Made or Custom-Tailored?
14 December 2015 | 14 replies
You can't give applicants a Briggs-Meyers personality test.
Jimmy S.
Tenant gave me a bill for small repair
6 December 2015 | 15 replies
It clearly states in the lease and we had a verbal agreement I would make an acceptation this time.
Mitch Messer
Why don't more foreign investors seek owner financing?
17 December 2015 | 15 replies
Given the high total costs of US financing, it would seem that getting the seller to accept payments on any portion of the total price would be a win.
Cameron Price
How do you ACTUALLY set up a self directed 401k
10 January 2018 | 37 replies
Examples are whether payments are going to be made monthly or quarterly, and what the interest rate will be within the commonly accepted "reasonable" range.While your mother would not be a disqualified person to your wife's 401k (at least not based on that family relationship), it is still important to make sure that plan investments are still in the best interest of the plan and not the plan participant or others with whom you have relationships.
Allende Hernandez
Might be buying a second home, is this a good idea?
6 December 2015 | 0 replies
More insight of the current numbers (considering a 4.5% interest rate for the new loan)House 1Monthly payment(PITI+HOA): $1,700/moPotential rent: $2,300/moCashflow w/o management company and allowance for repairs(house is in great shape): $600/moHouse 2Monthly payment(PITI+HOA): $3,964/mo (if offer is accepted but I believe the case study is valid for any other house)3964-600 (cashflow)-1700(mortgage first house)----------------------$867 I have to come up extra with every month.In this particular house there is also a room with bath that could be rented for about $800/mo (efficiency, as we call it down here).
Charlie John
Monetizing seller leads? Offer to fix their house?
10 January 2017 | 1 reply
Plus, I have only been sending to around 1000-1500 homeowners every 3 months - nothing too crazy.My offers have all been too low for these homeowners to accept.