Struggled with the title. Like the title says I was pre-approved for a $235k FHA loan without a property in mind. Theoretically, I find a duplex worth say $280k, with a tenant in one side paying rent. I go back to the...
Investment Info:
Single-family residence fix & flip investment in Louisville.
Purchase price: $76,000
Cash invested: $32,000
Sale price: $146,000
Contributors:
Christopher Vincent, ...
I'm interested in what to expect from the contracting community when I take over a project that is a half done total gut rehab/addition. Rough inspections have been passed; next step is wall board. Will GCs have a re...
Where do you guys find stellar tenants?Do you have a special screening process?I know what some obvious red flags are for bad things, what are the "red flags" of a good tenant?
Hello MTR landlords!I've decided to use KeyCheck for my MTR listing on FurnishedFinder, and I understand that KC offers criminal background check, credit report, and eviction history. I'm going to have an attorney rev...
Hello BP, I'm curious if you could provide some insight into the 50% rule. More specifically, does this rule of thumb include property management fees or would those be additional?
Thanks in advance!
I am in San Diego area. I don't see how the 2% rule can apply to california. The housing here is very expensive. Even at lower value property area. Say the average house there is about $500k, and the rent average ...
Hey everybody,I'm looking at a "deal" that could be my first, so there's a lot of caution on my end. I would assume most of you know the feeling. I'm a believer in the old saying "the devil is in the details" so I'm t...
Is it possible the have SS and be unknown with Credit bureaus? Especially if had 3 decent jobs and decent income. He is young at 25. I have a feeling the person filling out details did something wrong. How does i...