April VanCleve
How much is enough?
28 January 2024 | 14 replies
And having the cash on hand to light rehab is a great way to gain experienceAs for the "zillion" properties...there is some safety in numbers as you will have income likely have income coming in even as you wrestle with the expenses in one area.
Paul McCoy
What insurance should I be getting as a landlord?
29 January 2024 | 4 replies
Usually, you have to be a broker or agent.Regarding insurance, you have two choices:1) Get your own master policy and add your clients to it.2) Have your clients get their own insurance and add you as additionally insured.
Roger Lim
SoCal Newbie Introduction
28 January 2024 | 4 replies
If you can combine a live-in flip with a househack, you can buy properties that don't pencil out for traditional flippers and gain equity while not paying rent to a landlord.
David Ten
High DTI Home Equity Access
29 January 2024 | 10 replies
Hello Hello,I need to access My Equity But my DTI is High, this some information :- My Equity is about 240K- My Mortgage Payment = $ 1750/Month ( include everything ( PITI ))- My W2 = $4700/month- My Credit Score 690 (based on soft pull)I need :- 70K to build 4 separate bedrooms on my backyard, so I can rent it out. and generate income.I have Debt =- Car Loan 35K / Monthly Payment $720- Credit Card 25K / Monthly Payment $700 ( this debt not for luxury, but to build room addition about 250 Sqft, 2 years ago)So my total monthly payment debt + mortgage = $3170My Taxable Income W2 only $4700But my Family (from other country) deposit to my chase checking account about 25K ( about $2000/every month) per year.And No, I don't have anybody can be my cosigner / co-borrower.
Matt B.
Scrubbing for SMS marketing?
29 January 2024 | 8 replies
If you text people without their explicit consent, it is considered SPAM, and you risk legal action, regardless if you are selling a product, providing a service, or simply providing information.In addition to explicit consent, recipients must opt-in to your SMS campaigns using methods such as mobile and/or web opt-in.
Kevin King
Adding a bathroom - Put the washer/ dryer outside or compromise size of bedroom?
29 January 2024 | 9 replies
Kitchen design; can be blended in with cabinet designs for stackable, depth similar to full size fridge bulk; or side by side floor under counter, you gain large counter space with backing cabinet uppers.Happy trails!
Jackie Lambert
Podcast specifically about RE Professional
29 January 2024 | 6 replies
The additional "AND more than half your time" is usually where real estate investors fall short.
Wencheur Antoin
FHA Loan Eligibility for Independent Real Estate Agents & US Citizen Working Abroad
29 January 2024 | 2 replies
Americans Working Abroad and Income Declaration:- Additionally, I'm wondering about the scenario where an individual is an American citizen working abroad and did not fully declare all of their income or any income at all, how might this impact their eligibility for an FHA loan?
Brian Inge
Tenant in home day care can landlord get protection with agreem to not be held liable
28 January 2024 | 5 replies
In addition to the liability exposure, we never allow our tenants to use the property for business purposes (properties are for residential purposes).
Bill Springer
Implied Habitablility question - PA
29 January 2024 | 5 replies
We have won in court before on this, but more times then not, a judge will use their judgement and award a partial amount for the "additional cost" their untimeliness cost the owner in additional repair costs.