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Hello folks thanks for this platform being available . I got my first property under contract, already getting approval from underwriting with a hard loan. I planned to keep it for a possible lease option future flip....
Hello BP,We've completed another flip, and I thought I'd share some pictures and numbers.This house was pretty simple. Mostly a paint and carpet rehab. Holding costs ended up biting us in the butt.Purchase Price - $10...
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Hey guys. Looking to do furnished monthly rentals. Most likely to flight attendants or students. Not closed off to other people that would be potential renters. My 2 questions are:How do I go about showing the income ...
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Hi, I would like to know how do you guys keep your debt to income ratio low to continue purchasing homes with mortgages? I don't have any debt, i have a decent credit score, 2 businesses and a full time job. What do i...
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I have been watching several of Mark Kohler's videos on Youtube regarding tax strategies and planning, and came across something that made me scratch my head. In his diagrams, he considered all rental properties as p...
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I have a couple of properties in Detroit that are insured by NREIG/Affinity. I went to get an umbrella liability policy for my properties (these and also those in other states) with my insurer in California, State Fa...
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Backstory: My SD IRA custodian (American Pension Services) went into receivership earlier this year. They have been sorting through the whole mess and apparently the owner made some bad choices and 25 million is missi...
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I own a 5 unit apartment building in Berkeley, CA. A long term tenant wants to play the role of onsite manager. She claims that the laundry room and trash cans needs upkeep.She offered this service to get some discoun...
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I'm a former "investor/flipper" from a market where REAL deals have dried up, and need to make a "LIVING".I know the difference between a tax lien and deed, and all the blah blah blah that the gurus will spend 3 hours...
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Looking for ideas on how to get my property to move. I have an undesirable unit which is not renting. I am not sure if I should rent less than the mortgage to get it to move or to cut my losses at this point it has be...