If I get a loan to buy a rental property and fix it up, how will it start making me income until the loan is paid for? Wouldn’t the rent just go to making the payment each month?
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Hello All,
So my mother and I️ just purchased our very first flip located in Philadelphia Pa. Also, we welcome advice on flipping and the do’s and don’ts of the business.
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I know there are many discussions on servicing companies on what we like and dislike. I have a call coming up with one of them to discuss positives and negatives / things they could improve upon. Curious to hear your ...
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Perhaps I'm generalizing, but I see some heavy hostility towards the idea of whole-saling in the forums. Why do a lot of members seem to be so against wholesale? I've seen "unethical" and "shady" thrown around a lot...
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Seems like Rent control in some form or fashion Is gaining a lot of traction around the US.. Oregon just passed state wide.Washington some new rules.. California of course has had rent control in many cities for deca...
Due to a some confusion, I let a foundation contractor into one of my tenants' units without giving the required 24-hour notice that I would need to enter the dwelling (my manager had at first said she'd notified the ...
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The more I educate myself, the more confident I become. I'm currently looking for motivated sellers. I've gotten a lot of feed back from emails, but most of the time it's just other Wholesalers or Realtors. I have som...
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One PM takes 8%, one 6%. One marks up larger jobs, but won't say how much. I feel like marking up repairs is paying twice. I already pay a management fee, then they mark up work? Is this normal? One has tons of fees, ...
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What is the plan when tenants can’t work and cannot make rent payments? It has already started for me.
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What are you doing or seeing that effectively addresses racial disparity in home ownership/ lending/ generational wealth?Hopefully this is a fairly straightforward question about a heavy and complex topic! It's well ...