Terry Cobbs
New Member from Austin, Texas area.
Retired law enforcement (30 yrs). Also defense/military contracting and consulting overseas in Afghanistan, post retirement (2 tours). Now, I'm interested in making additional income for a more secure retirement and y...
Michael Frabotta
Analyzing Rental Properties
What is a general rule of thumb for a decent CoC ROI for Single Family Homes? I know of the 1% rule for purchase prices but what is a good way to know how much to actually charge for rent? Does anyone recommended so...
Steve Ruse
New anti-rental HOA restrictions
I own 4 rentals in an approximately 200-home subdivision. The HOA just sent a letter saying that for future tenants, we have to get approval from the HOA for future renters. The HOA must approve the lease, see a bac...
Luke Simonetti
Hold-over Tenant in Georgia
A couple of days ago we purchased a flip in Gwinnett County. This was not a short sale, REO or a foreclosure. Upon a walk through before closing, we discovered the occupants are still there.The purchase & sales ag...
Matthew Shumba
Best major for aspiring airline pilot
Hi all, I am 17 and about to start college in the fall semester. I’ve been admitted to several colleges in the US for pre-vet/ biology however, my true passion is aviation. As a result my plan was to pursue this majo...
Thomas P.
not a gift
I want to purchase a house in which my aunt and mom are 50/50 owners. I would just be purchasing my aunts 1/2. Financing for this is becoming a real pain. I have a wealthy friend who is willing to give me the $ to ...
Rodney Marcantel
Investing: Line of Credit or Hard Money Loan
We're obtaining a line of credit against one of our homes to invest in our RE business. Both homes we own have no mortgage. Our home is worth $425K and our investment home is worth $245K. We will secure line of credit...
Alex Shaughnessy
Partnership not on paper
Hopefully I explain this clearly, here goes....My friend and I want to buy a property. I have found a good turnkey company where it appears to make sense. We dont need both of our names on a bank loan to qualify and g...
Paul Anthony
Handling Large Option Fees - Use Escrow?
What is the best way to handle large option fees of 15-25k? I want tenant/buyers to have peace of mind. Can it be sent into an attorney's escrow account and then immediately disbursed? I would just feel more comfortab...
Allan Smith
Property Walk-Through App for Smartphones?
Hello fellow investors! I'm seeking an efficient way to take notes as I walk a property instead of writing it down and having messy paperwork.Something that would maybe have an easy way to put down comments on the fou...