Michael T Fahey
Phoenix and surrounding area - too hot or still opportunity?
Newb investor excited about Phoenix from a macro perspective, but wondering if experienced folks think it is too late or hot? Are there areas of town (including Scottsdale etc in surrounding areas) that are better tha...
Kenny Simpson
The REAL reason why mortgage RATES are so HIGH!
The mortgage rates went from ALL times low’s when the pandemic started to 20 year ALL time high’s. If you look at the chart below you can see how high interest rates were from the 70’s to 2000’s. The government help...
Peter Tverdov
What would you want as a client gift from your PM?
Our company is going to send out a small client gift around the holidays as a way to say thank you. Open to ideas of what people would be happy to get from their property management company? Only thing I can think of ...
Alex T.
Return/areas to aim for in Houston
I've been reading Houston threads on this forum for a while trying to see what kind of return rates to expect in Houston. It seemed like 1.3% is doable for rent/price ratio, and some recommend trying to get 1.4%. Talk...
John Thein
How much profit in a deal? [Edit]
Hello,
I was trying to come up with a clever headline....oh well. Anyway, I have a possible wholesale deal that appraised for $148k, needs $18k in work. Most rehabbers in my area would be happy with a $20k profit. If ...
J Scott
Dealing with Mortgage Brokers
Sorry for posting a long story, but I'm starting to get exceedingly frustrated with the mortgage broker who is working for a buyer of one of my properties.
The short story is that he screwed up in forgetting to order...
Thomas T.
Need advice on a second property
Hello:
I think i got a start in REI, and I like to seek more advice on how to proceed to the next property.
I got my first property as my primary residence one and half year ago. I bought it for 340K wi...
Brandon Hamlin
Trust
Hi,
I was with a seller discussing the contract that i hoped he would sign to have it under contract. He failed to disclose that the house is under a trust with the uncle given power of administration over th...
Warren A.
Knob and Tube with three breaker boxes in Little Rock Triplex
Hi , I am in closing stage of a triplex in Little Rock . It has three 100A breaker panels in the back of the home. 3rd party inspector noted knob and tube in the attic and highlighted it's risks. I've done a searc...
Senad Salihovic
What interest rates is everybody getting?
I'm just wondering what interest rates everybody is getting on their investment properties right now. What rate should I expect, Louisville KY