Hey crew, question for anyone, if my fiancé and I have about 250k in debt from rental properties will we have a very tough time getting approved for say a $500k primary residence? Even at a 200k household income I’m b...
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I started my real estate adventure by purchasing 2 single family houses in Oklahoma with 2 cousins, mistake #1. I also helped my mother get 2 rentals to help supplement her retirement, mistake #1b. I see why they sa...
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TENANTS FROM HELL #2Tubs & Showers from hell.Running one of the largest rental portfolios in the Cleveland, Ohio area I have managed 1,000's of properties & dealt with countless tenants. In short, I have seen ...
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I have 200k cash for a down payment. I live in Los Angeles where the housing market is insanely HOT right now. Single family homes are getting multiple offers and going for above asking price. I want to get my first ...
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Closed on my first single family rental 21 days ago. Listed it immediately with the disclaimer it was being rehabbed (nothing major, but lots of little stuff). We have had at least 12-15 groups/families walk through a...
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Hello peeps!I am new to RE investing and still in a learning curve, but I have this one thing that has been bothering me.As my wife and I are also looking to buy our first home, I've been looking at different mortgage...
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https://www.biggerpockets.com/...Hey Bigger pockets. Here is a deal I am looking at in Minnesota. It is about 2 hours from where I live. The caretaker does pretty much everything except snow removal, which my dad woul...
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I did my first tenant buy out today. Here is what I have learned.There are Lots of other explanations about why the bay area rent control is weird. If someone has enjoyed quite and respectful use of the unit who is in...
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Purchased a property all cash 4 months ago. Went with a wholesaler in my state who had deals out of state and was somehow also the property manger for said deals. Initial projection was that I would be making a 21% re...
What metrics should I be looking at to identify a good multi family property? Appreciate the help!