Mitch Mauer
Zero-Credit Mortgage
3 March 2013 | 2 replies
There are exceptions for students getting out of college and working in thier field of study, military, but the loan to value will be lower too, no PMI.
Will Wiest
What am I missing in this ROI?
4 March 2013 | 9 replies
You generally won't achieve 2% on houses north of $50,000 except in some war zones and distressed regions.50% guide simply states that 50% of your gross rents will go to expenses over the life of the rental, of the remaining 50% take out debt service then you have your income.Rent $1600, means $800 a month will be eaten up in expenses, capital, maintenance, insurance, legal, accounting, utilities etc.If the area isn't too bad (no bars over windows, you feel safe walking there) it seems pretty decent to me, then again I am comparing that to whatever you can get in SoCal right now.Andrew
Joel Owens
Wrought Iron Spindles for the staircase.
4 March 2013 | 4 replies
Love everything about it except the wrought iron spindles for the staircase.Other homes in the development have double spindles for each piece of iron.
Cole Palmer
What is best buy and hold play... Looking for recommendations
4 March 2013 | 6 replies
The exception here is when they have a larger property with equity and they can do a 1031 exchange into a multi-family or small apartment.Hope that helps.Continued success!
Frank Oudheusden
The story of my first deal...
12 April 2013 | 8 replies
Was I really going to put in a full-priced, no contingency (except financing) offer on a house I didn't even see pictures of...in the middle of the night...in a smelly FedEx store?
Shawn Thom
buyer found new repair items 4 days before closing
7 November 2014 | 22 replies
There's no one to really hold accountable for performance except a seller, a seller who probably has a financing contingency.
Priscilla Z.
Change windows?
24 March 2013 | 11 replies
There's nothing wrong with the windows, except that they are old.
Jon K.
If you're paying utilities, what do you set the thermostat at?
11 March 2013 | 11 replies
After that all gravy.In the next building to save some money I kept the old furnace in place but cut the heat to the other apartments except one.
Victor Leon
tenant
6 March 2013 | 6 replies
If you have your rental in a corporation or trust you might not be able to represent it yourself as many states do not let anyone but lawyers appear in court except when people are representing themselves.
Mike B.
Sanity Check for Noob Please
7 March 2013 | 4 replies
Very good stuff....except for the image of a naked grandma I can't shake from my mind!