Erik Price
Requesting feedback on first short term rental deal currently under contract.
Hi everyone,I’d love to get people’s opinions on my beach condo short term rental.1 bedroom, 1.5 bath. 800 square feet.All the numbers I used are taken directly from the current owners records.I made the str income $4...
Brad E.
Minimum standard for credit score
What are folks using as their minimum required credit score on rentals?
I’ve got mine set at 650 but not sure if that’s too high for a c+ / b- neighborhood. Thanks
Derek Loda
What has your college rental experience been like.
Looking into college rental market that will cash flow approximately $450/month for a 5 bedroom duplex with an asking price of $80,000. This is in Wisconsin mind you, hence the cost. The property is in very good condi...
Tim Silvers
Mortgage Assignment & Negative Equity
Is anyone successfully closing mortgage assignment deals in huge negative-equity markets like Las Vegas in which nearly 80% of all homeowners are underwater on their mortgages by as much as 80%?
Given such huge negat...
Travis Barron
Risk Management
In learning about investments, it seems most material speaks to the upside of an investment. After all, this is the attraction to us investors, right? However, I'd like to hear more about the ugly side of REI, th...
Alex E.
investing with partners
Hi everyone,
I have a friend who is willing to cover the downpayment for a multi-family or apartment building, which is around 20% of the loan amount. I am also planning to apply for a commercial loan since a lender...
Nathan W.
Starting out in Austin - Buy and Hold
Hey Guys,
I'm on information overload and it's got me frozen like a deer in the headlights. I'm looking to invest money for the long term. I don't mind doing some repairs, renovations, and tenant management. ...
Marcus Trahan
Is flipping a good idea right now?
I have this house that I am in the process of closing on in Lafayette Louisiana market. I want to flip it. This would be my second house I’m flipping. I’m new to this world of flipping and I need some help. I got this...
Joan C.
How to probably handle current remain in Short Sell Transactin
Hi,
I am purchasing a short sell property in Santa Clara city, California, current tenant might stay after transaction, what is the best way to deal with it? he currently does not pay rent to the seller, can I start ...
John Mezzoni
Seeking advice on how to buy first multi
Looking for some advice/opinions
I’ve been preapproved for 450k on a multi. Lender tells me I could easily get preapproved for more but capital is the issue as I need 25 percent down. I have a little over 100k in cas...