William Broxson
Bank Statement loan under 100k Ohio
14 May 2024 | 2 replies
Purchase price 89,500 client has up to 15% down.
Kate Granahan
Tenant Interview as part of Due Diligence
14 May 2024 | 1 reply
Prior to purchasing an investment property, is it fair to ask to interview the current tenants in place as part of the due diligence?
Wayne Doucet
Wanting info on DSCR loan for a condo?
14 May 2024 | 17 replies
I’m not purchasing both units just one of the two?
Kantcho Traykov
Closing costs for a piece of Land for 65k
14 May 2024 | 2 replies
Paying 2.4% for total closing costs (which include title search, title insurance, all attorney doc prep and recording fees) seems very reasonable given the relatively low $ purchase price.
Mitch Messer
Why Florida Condo Rentals are a HARD PASS for Me!
15 May 2024 | 6 replies
When we have investors approach us about a purchasing a condo as an investment, we steer them towards a townhome, preferably with a pool, if their budget permits.
Sam Nichols
Advice on property manager not replying to calls for over a month
11 May 2024 | 22 replies
Depending on what they say would influence the next steps.....also send a letter/email something in writing to the PM detailing the lack of response and the contract you have with them.
Dave Dumoulin
Investing in Toledo
14 May 2024 | 12 replies
B grade property walks are attended by my children to run around and tell me which bedrooms they would pick if it was their home.43605, 43608, 43609 are the popular zipcodes for bottom-budget value purchases...I manage a ton in these areas and my personal portfolio contained over 40 43608 properties at the peak. 20% of these properties will be crazy money earners, 20% will be astounding money pits, and 60% will fare average.I have evolved into the nicer 43612/43613 for my personal portfolio and find the properties earn consistently and far smoother than my 43608 houses. ($80k renting for $1200 vs $40k renting for $800 multiplied by the ratio above vs boring consistency of the nicer area) Oh and I have zero excitement for apartments.
Evan Bell
Anyone use 1800ACCOUNTANT??
16 May 2024 | 24 replies
If not you will need one as when you apply for any kind of financing or purchase or sell real estate with an LLC they will need your OA.
Allen Parker
Too many eyes on one area
12 May 2024 | 18 replies
@Allen Parker Stock market is passive income and you can't as an individual influence the value.
Alan L. Weeks
The Book on Rental Property Investing
13 May 2024 | 237 replies
I purchased this book via Amazon.