Jackson Acuff
College Student interested in Real Estate
18 November 2018 | 7 replies
I had a knack for finding the deals, Had credit ratings and relationships with the financial institutions.
Alessandro A.
Newbie BRRRR Question
18 November 2018 | 15 replies
please please please do not invest in cosmetics until you build your war chest. i own multiple fouplexes and need at least 15k reserves for apartment turns or other repairs ac heating plumbing repairs. if you haven't closed ask for credits in consideration other 2 units are not renovated.Good luck Cortes family
Account Closed
Debt-to-Income: Buy Owner Occupied or Investment Property First?
17 November 2018 | 2 replies
If you're getting good deals on the investment properties, that will actually improve your DTI, assuming an investor friendly local lender that isn't riddled with rental income overlays such as "rent must appear on two years of tax returns for us to 'count' it."
Sean Waits
Beautiful Flip in West Wichita
19 November 2018 | 3 replies
What improvements you personally added with $500 on this awesome home ?
Robert Clement
Received Rent Payment right after filing eviction
19 November 2018 | 13 replies
My version of cash for keys is, "If you are out by xx day and the unit is left clean, I will drop the eviction suit and will not sue you in small claims court or report you to the credit agencies."
Shannon M.
Questions for those who use services like Cozy or Tenant Cloud
18 August 2020 | 7 replies
I have been using Rentprep for credit and background checks but am considering using Cozy or TenantCloud as it seems more and more applicants prefer to apply online for convenience.
Sean Ade
Credit Card Purchases
15 July 2019 | 6 replies
I'm hoping someone can shed some light on this idea.I always get new mail or advertisements on credit cards that offer up to 12-18 months with no interest payments.
Enyi Ajoku
House Flipping with my Contractor
27 November 2018 | 23 replies
Your talents (unless you’re a skilled contractor) are probably better spent improving and refining “the business” and searching for good deals.
Benjamin Ford
Basement Apartment Rentals
19 November 2018 | 14 replies
The main risk is that the city might make you demolish the improvements.
Erik R.
Need some help - Duplex in Dearborn, Michigan
21 November 2018 | 9 replies
Rental comps for 2BR units in the area are $965/mo.Assuming I purchase the property for $135K, invest $10k in improvements, utilize a 25% down/30 yr mortgage, and achieve 80% of the total market rents (from rentometer) + 7% vacancy/attrition, this property looks to cashflow approx $400/mo with a 9% CoC return and 12.5% total ROI.My questions are the following, not having much experience in analyzing duplex deals:- How would I accurately estimate rental income in my area for a duplex, if my area is mainly SFHs ?