Anibal Mijangos
What makes a great wholesaler?
RE investors, what do you look for in wholesalers to know if you'd want to work with them on a deal? I'm trying to better understand what makes a great vs good vs bad wholesaler. Thanks for the input!
Negar P.
Does the income 3 times rent requirement apply in all markets?
Hi all, My rental property is located in Orange County, CA. It is a 2 bed 2.5 bath that would go for $3100 per month in this market. This is the first time I am trying to rent it out though and I am finding it hard to...
Aaron K.
Scary applicant: Should I just cut contact with him?
This is about a person who has applied to rent a house. He is charismatic and likeable, talkative and seems genuine. His income and personal references check out. However when I ran his background check, he was succes...
Jessie Niu
Newbie desperately needs advice! Is it too much cash?
I am a newbie investor, just made an offer on a REO duplex. This is my first deal! It's been on the market for several months. I made a cash offer of $28k, rehab cost is estimated to be $15k, ARV should be $60-$65k, ...
Matt McCurdy
Renting vs. Selling on Contract
I'm seeing some softening of the contract sales market selling mobile homes in my mobile home community. The town the mobile home community is in has a LARGE percent of tenants vs. home owners (60/40), so I'm wonderi...
Yoshi Uem
Net worth as accredited investor whose primary residence is MFH
Hello!I am trying to calculate my net worth to see if I am qualified as accredited investor.Question is,I own a duplex and live in one side and rent the other side. When calculating net worth for accredited investor s...
Jack Slattery
Lowering the rent
I have a rental that I purchased for $58,000. It brings in $750 monthly with PITI of $375 leaving a cash flow of $375. The tenant pays rent six months in advance and will have completed a year with me in June.
...
Carlos Flores
Financing multiple 1-4 unit properties with Fannie and Freddie
I've seen several posts lately about the number of 1-4 unit properties one can finance with Fannie Mae and Freddie Mac, and their respective guidelines. While the two GSE's are somewhat similar, it's important to reme...
Joel W.
Realistic Tenant Credit Score
Hello, I'm developing a business plan for my REI and I'm wondering what credit score do most people use to determine potential tenants? 780,740,720, 550???? Is the score or the record what concerns landlors most?I pla...
Michael Kelly
Future Real Estate Trends
Below I've outlined several topics I think about when analyzing future trends. Answering these questions helps real estate investors drive the future and buy in to hot trends while they're cheap. Where will people be ...