Austin Bull
What's up with Arizona?
Hi, my name is Austin Bull and I'm a new REI from Arizona. I'm 26 and work an hourly job as a mid-level plumber. The hurdle for me right now is that with my pay rate, I can only get pre-approved for a little less than...
Lisa Martin
Accessory unit rent not counted as income. What? What? What?
We have been careful to document and report all rental income to the IRS from our accessory unit attached to personal residence for the past 4 years.In our current application for investment loans our lender is tellin...
Devin Slone
Great Deal / bad location?
Hey all, I’m a college student in my home town with a passion for REI. I’ve been analyzing deals non stop every day for a little bit now and just studying REI. I found a great deal in my town which is a 4plex that wou...
Fabian Arzate
Running Comps (new to wholesaling)
Hey guys, new wholesaler here. I was wondering what you guys use to run comps? I have started using Redfin, but I don't have many sold properties with pictures to determine if the sold properties were flipped. Zillow ...
Savannah Waggoner
Masks for walk though?
Our 1st tenants will be moving in on March 1, and are moving from Texas to Colorado. They have requested that we wear masks for the walk through. All mask mandates have ended for all counties in this area. We do not w...
Dylan Davidson
Can the Property Manager's job be completely automatised for STRs?
I'm researching what it takes to do in-house management for a company with 15 apartments, some short term rentals and some midterm. With all of the software that is available it seems like the property manager will b...
Angelina Ng
Turnover question, tenant left property is poor condition
Hi All,
I had a tenant move out and the tenant left the property in poor condition. It is a SFH. Property manager states that the flooring needs to be changed, whole house needs to be repainted, deep cleaning, chang...
Mitchell Krotz
Dscr Loan New Construction
Looking into DSCR loans for a new build that I wish to make an Airbnb.
Besides looking at what Airbnb comps are pulling in, backup would be what long terms are pulling in and average selling cost of what the home wi...
Nolan Mahoney
Using rents as income for 5% down
Since the new 5% down payment came out i am currious if the rents from a 2-4 unit owner ocupied can be used as income to help qualify for the loan, like you can with FHA financing.
Corey Martin
Rescinding Binding Contracts and Offers - Best Practices
Real Estate Agent here. Ran into this situation, see if anyone can relate:My client was looking to do 2 deals fast for a 1031 exchange. They initially put out 2 offers. This was Saturday morning with deadline Monday a...