Mike L.
How to find good tenants for a property in a not-so-good neighborhood
In Southern California, the rental properties that make most financial sense are often in some not-so-good neighborhoods.
I screen applicants by running a credit check, but I have never found anyone with a cl...
RuLea Hunter
Help, I'm Confused!
Good evening, I would like a few of you seasoned investors opinions. I'm just getting started in my REI business. I have not closed a deal yet, and I'm focused on wholesaling. Today I had my first experience with tryi...
Allen B.
Tax adjustments after sale (Chicago area)
Hi, Chicago-area investors,As I move closer to buying my first multifamily, one thing I haven't been able to learn much about is property taxes. Specifically, how are they adjusted after a sale on the open market? My ...
Mike Sullivan
Applying the 1% Rule in Florida
I’ve been doing some brief research into the markets of Jacksonville, Tampa, and Orlando. From what I see most of these areas a lot of people say are very good investment areas. Just by doing a quick look though it do...
Christopher Greci
Rental Property Investment near a big Casino construction project
My first investment, never meant to be an investment. I bought a condo, and 12 months later had to move across the country for a job. I kept the condo as an investment. There is a new Casino (Wynn Casino, Boston) b...
Trent Mettenbrink
Personal Property in a Foreclosure Property
My business partner and I bought a foreclosed property on Monday and settled the next day with the trustee of the sale. The deed was then mailed to our home and we will file it this week. It seemed like a cut and do...
Abdul Azeez
Have rates moved up?
Folks - the rates I am being quoted on an investment property in Memphis have seemed to gone up from 4.5 pct around 3 - 4 weeks back for a 20 pct down 30 yr to more than or around 5 pct. For 25 pct down it seems to be...
Ethan Peyton
My step by step list -- Am I close?
Steps of the wholesaling process
1. Find property
a. Send direct mail once a month to list of absentee owners
b. Drive for dollars – seemingly vacant homes
c. Bandit signs – We Buy ...
Vicki Gleitz
Renting for less than fair market
In February, my son will be renting out the 3/1 house he bought in September. Ultimately,in a few years, this house will be one of many of homes in an Autistic intentional community within an already existing communit...
Jason Krick
First meeting with a lender
Hey everyone,I'm just starting out and getting my ducks in a row, so to speak, I hope to line up a RE agent, lender, and insurance broker to use primarily as my "team" that I go to. I have my first meeting with a le...