Larry T.
Application fee not enough
Hello,
As has been my observation, a normal application fee is 20-25 dollars. But if there is a married couple, and you have to run reports on the husband and wife individually, then that would cost at least 40 dolla...
Sandra Ho
Better to have no tenant or a tenant with history of multiple late payments
This is our second rental in Indianapolis that we closed on a couple of months ago, but it has been difficult finding tenants. The first rental we closed on in April rented quickly with no issues with a great tenant. ...
Josh Thomas
Sellers past low appraisal not disclosed - do I have recourse?
Hey all,
Using my VA loan to buy a personal home. We have been under contract and appraisal just came back super low.
Going through the ROV process, but just found out an interesting bit. The house was under contra...
Joe Butcher
Mobile/Manufactured Investing in DFW
Any investors in the DFW area who buy/hold mobile/manufactured homes?
I am considering this as an option and am not quite sure what areas to be looking in....any input would be appreciated!
Thanks!
Dave Carella
have you ever experience a bait and switch on a short sale?
House on market and MLS for 175k. my cash offer of 175k is accepted. house under contract with nothing unusual from the bank. 2 months later bank counters offer at 220k WTH???? This is totally unethical and bait an...
Caleb Clapp
Good Deal? $600,000+ Family Flip Strategy and Contract Terms Help
I've finished my first solo live-in flip (Mindy Jensen style) and have the option to take on a much larger project, my parent's partially renovated home. They got the garage and bonus room above it down to the studs b...
Account Closed
Legal to Require Monthly Income 4X the Rent & Continuous Income?
would it be legal to require applicants make at least 4X the rent monthly to be considered?ie rent is 1000 so must document that income is at least 4000 every month?also how could it be made legal, if possible somehow...
Marianne Lopez-Henthorn
Should I Buy Investment Property If My Personal Is Underwater?
My goal is to purchase my first real estate investment property within 1 year.I have a well-paying job, good credit, no consumer debt (just my car, which I'm working to pay off), and I am working on a 20% downpayment ...
Taylor Jones
How to pay $0 in taxes on a STR generating over $120K in revenue
Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
Elliot B.
Help with Short Sale / BRRRR Analysis. Lender needed, refi needed
Hi all -I'm evaluating a short sale with the intention to BRRRR it. I'm currently "house hacking" a 4-plex. This would be my first short sale and BRRRR. I could use some help checking my numbers / plan...Property deta...