Rich Thomas
Seperate credit card for rentals?
Hello,
I currently own 6 units total, I have a seperate checking account 'Investment property' that all money produced from the rentals goes into and does not co-mingle with my personal checking. Bills for the proper...
Justin Porco
Pulling NOD and other ways to find Wholesale deals?
Hello BP family.I was wondering if anyone has information on how to pull Notices in the Pittsburgh area. I currently live in WV and tried pulling them in my county but the banks aren't required to report them. I was w...
Ryan Lebsock
Compliance Compliance Compliance
I have recently researched Lonnie styled mobile home investing extensively.
Lonnie doesn't cover many of the issues which I have come across in any of his books.
All of these are issues are subject to the state o...
CL Ziegler
Help me understand something? (1% rule, 2% rule, etc)
Hi everyone,Firstly, I know these are guidelines only. I got that....But regarding the ROI of a property I'm considering, I don't see the benefit to buying a rental that leaves me in a negative cash flow each month. ...
Adam Brown
Buy-and-Hold Supplemental Income-projecting to next purchase
Greetings, and Happy Holidays to you all!I'm highly considering a property, selling for $350k, 100% occupied, $3k/month, i.e., 36k per year. Mortgage 2k/month.This is my first property, so I'm being lead by a guru (wh...
Brian Knox
What if they didn't pull a permit or have it inspected?
In crawling the crawlspace of a $40-45k mill house (tiny, sort of subsistence standard of living), I noticed that whoever did the re-wire, most likely didn't do it to code or have it inspected.I know that the current ...
Tommy Ray
Today is Day 1 for someone that is reading this post
So I will assume you are someone like me when I was 19. So taking to that newbie I will tell you what you need to know right now. Ready?
1. Understand the rule of real estate investing in terms of the tax code. Go...
Account Closed
Experience in selling a Turnkey Rental Property
Has anyone sold turnkey properties that they have held for a long time? If so, how did it go? In thinking through this type of investment, I want to know what to expect when I go to sell it, or if my children inherit...
Manny C.
Experienced Eyes Needed to Review My Numbers
Hello Everyone - I am moving forward on the Inspection of a property I am interested in. Would someone with experience be willing to advise me on how the numbers are looking on my evaluation spreadsheet?
I've created...
Shane H.
Experience renting Housing to a business? What screening to do?
Hi there - posting this up real quick as I have a duplex with one unit vacant real close to the Air base here in town - LOTS of construction going on there and I was put in touch with a contractor who has a 3 year co...