Hey everyone! I'm looking to get my first investment property - so far I sat down with a few credit unions and 1 corporate bank just to see what each one has to offer and just get pre-qualified; based on my 3 credit ...
Why are people generally not ok with “feeding” a rental property with negative cash flow, when they basically do this every day with standard retirement accounts? What’s the difference between putting extra cash into ...
Any suggestions on a standard lease to use? Or, in particular, one for the state of Ohio? Also, any advice on a nation wide (or Cincinnati, OH based) property management company?
I find marketing far more enjoyable than sales. It's also where I have more experience. I was thinking about generating leads (through web and direct mail) and then giving the leads to an experienced closer. What perc...
Do all Property managers charge the one month rent charge? We have a PM that charges the 10% a month but also collects one months rent with each new contract. Is this normal, and if not, how do I get rid of this? It...
Hi all,
I recently purchased a SFR 100% cash to expedite the process. I’d now like to pull money back out to use for more investing. Which strategy would be better, a HELOC or a mortgage?
My lender has offered th...
What is the standard rate for a property management company? I came across a company that charges 9% management fee of the monthly rent and one months rent leasing fee when the company puts a new tenant in the unit. A...
Hi everyone, I’m an agent in the Maryland market and I’ve found an off market deal that I’d like to flip in Georgia. I’d like to know if I can use my own contract or am I required to use Georgia state contract to lock...
Hi, I have heard that you can do 10 conventional loans before they will no longer underwrite them. I have also heard that the first 5 are held to a lesser standard of underwriting than the second 5. Can anyone con...
As a licensed agent, I see wholesalers in our area putting some of their deals on the MLS and disclosing themselves as the 'contract owner'. So I'm not sure how it works when this wholesaler (contract owner) finds ...