Hey All,I am currently in the process of starting my own property management company. I own over 200 units now and have another 227 units under contract. We have given notice to the current 3rd party management team t...
I purchase 2 properties on a biding site and rented them out. They are doing quite well. I am now in escrow for a hotel. I am in contract discussions with a company to complete my transitional project. They completed ...
Preparing Loan Requests That Get Funded Lenders are driven by many factors; one of them is self-preservation. Simply put, no lender wants to make a deal that goes “upside down” Therefore, a would-be borrower, wants to...
Just finished the inspirational podcast 301 about out-of-state investing. What @Alexander Felice said about having an unlimited opportunity to find the right market really hit home. While initially, this strategy seem...
Typically when we are evaluating income, expenses and debt service are we taking these steps to verify this data after we have the property under contract from the seller with our earnest money up?
Or is a way we can...
When walking into a potential investment property, what types of questions do you like to ask/ what type of things are you looking for or at? Please share your experience/knowledge!
We’re in the process of assuming a fha loan on a 2/1 SFH and it needs to be owner occupied. Would using the detached garage as an office count for owner occupied if we got audited? Or renting only 1 of the 2 rooms and...
I manage a property where the tenant has paid rent on time for the first few months but the last 3 months the tenant has paid late by almost 20-30 days. I usually reach out to him once to twice a week asking when rent...
Hello all,
We bought our most recent rental with cash and have been in the process of refinancing it for 3 months. Every time we think we'll close they come back and say the underwriter needs one more thing.
The ...
Tax season is upon us, I'm in need of some advice regarding cost segregation for next years planning. My husband and I are real estate investors in MN with 70+ units that are long term buy and hold properties. We ar...