After doing some digging around and speaking with several lenders, it seems that the normal guidelines for banks to fund an investment buy and hold property is a 25% down payment, plus 6 months worth of mortgage payme...
This isn't what I was hoping to be doing today, but here goes! I have a tenant in a newly renovated detached mother in law suite, well kept, well maintainanced unit, whose rent of $950 is due on the 10th of each month...
The best wholesalers in the country did not get into the business to wholesale. They got into the business to buy homes for themselves. They got so good at marketing in their hometown that they had overage. Their over...
Well sort of. I have to pay back taxes of $20k and about $1k in back water. And, yes it needs a full rehab but if I did my numbers right after all is said and done I'll be sitting pretty. I close this week so once I d...
I have an applicant for a property in Anchorage, Alaska that is wanting to sign a lease for a family member that is an illegal immigrant. The individual wanting to sign the lease is unable to provide a completed appli...
Need help with tenant issue-We have an older duplex that my husband recently remodeled that is an up/down duplex in the historic district of our city which is close to the university. The upstairs has 3b/2bath approx...
Well. I lost my job today. Nope, I didn't quit. I was laid off. I was working for a company called Gulfstream. They had to lay off 1,100 employees, and I was one of the unlucky chosen. So... What to do now?I really wa...
Is it smart? Is it high risk? Will you go bankrupt? Is staying with your 401k's and mutual funds the best way to retire?
The reason why I bring up these questions is I had a big discussion with my father in l...
Hi everyone,
I listened to a webinar the other day that had an interesting idea. They called it residential backflipping. I'll try to lay out the basics from that webinar here (this is what Peter Conti and Jerry Nort...
The newest trend sweeping the rental market (from my perspective) in Colorado is that many tenants want the right to grow pot in the unit. I can see downsides and upsides.Downs: messy, elevated risk of break-ins and ...