A good friend of mine purchased 100 houses in Detroit for $300,000 about 9 years ago. Here’s how it turned out1. Sold 12 of the houses for about $270,000, some cash, some owner financing. 2. Still renting out 26 hou...
My ex wife is having difficulty qualifying for a refi of our marital residence on her salary (includes cs payments that i make). She has been paying mortgage on time for years since the divorce but she was supposed to...
July '13 I had this handicapped couple move in, who were caring for their handicapped daughter. A few months later 2 sets of their children rented 2 other units of mine. In the spring the father passed away and I aske...
I've been been mailing postcards and letters to home owners asking if they're interested in selling and actually getting replies faster than I thought I would. My question is what are the steps involved in purchasing ...
The tenants next door have been intermittantly throwing trash, including food garbage, across their back fence, into my yard. I have asked them (tenants) to not and I have reported them to the city. Last time citty w...
This simple chart shows the PE multiple difference/spread between SP500 and US Equity REITs, typically REITs more expensive than stocks but now at lowest level/price since GFC-2009, so from a relative value perspectiv...
Hi friends, I am about to close a loan with MINO Lending Solutions.
Has anyone received funding from them and can give me some feedback on them?They ask for upfront money something that I never done
I’m a homeowner and have a tenant that is on a 6 month lease. He's 21 days late on rent, and from everything I gather, he's going to screw me over in the end. If I give him a notice of eviction and start an eviction...
I like John T Reeds books on real estate and love his guru list on his website. Also, his book Success is really unique. It's not the typical motivational crap, but unique things that he has observed that I've nev...
May a realtor ask me for a DU from my financial institution? Legal?