Brian V.
Is it an insult to make an offer based on the income?
Hi, there is a 4-plex I'd like to buy. However the asking price is a rich $920,000. I figured out based on NOI, that if I put 3.5% down as an owner occupied FHA loan, that all I can afford to offer is $500,000. He pos...
Andrew Perkins
More rentals OR less debt
Hello!Does it make sense to use the appreciation gained from our current rental properties to pay down our primary residence mortgage? We currently cash flow about $600/month on 2 rental properties. However, if we w...
Donald Zeller
The Flipping Formula - sat through 2 hour seminar and
walked out during the break to do some homework before shelling out the $2k they wanted to attend the 3 day bootcamp. They said we would get our money back if we didn't triple the tuition amount in 6 months. Though th...
Corby Goade
Nightmare tenant is leaving, but....
I have a tenant that gave me their 30 day notice yesterday, which was cause for some serious celebration. Almost every interaction I've had with them over the last two and a half years ended with them threatening to s...
Kelly Bellini
Which tenant would you choose?
My husband and I just finished up the renovation of our first investment property, which we'll be using as a rental. Our dilemma is choosing between two couples we met today. Please help us!!! Keep in mind, this ho...
Anthony Hulse
Went to one of "Those" seminars, paid 2K, 40K for next step...
I was at one of those seminars with a business buddy that are advertised from time to time. Info seemed great. They wanted 2K for the next level of training - we coughed up. Again, great info, and really whet my appet...
Gary Dale McKee
Need advice on wether or not to rent to people on disability.
So, I recently listed a property for rent or for sale by owner. I have had several inquires about the property as a rental and the majority of them have been people on disability benefits. I know enough to know that...
Bala Anirudh Kurakula
Re: Partner Opportunities by SummitCapital Partners
I am planning to invest with Summit Capital Partners LLC, a company in seattle who provide partnering opportunities. Here are some of my questions.1. Has anyone worked with them in the past that can vouch for them? I ...
Sean Autry
Help! Are My Assumptions Reasonable?
Hi All- Newbie investor here, searching for my first rental property. This has been a goal of mine for many years and I'm finally in a place to pull the trigger.I live in So. Cal and (though sparse) I'm able to find...
Matthew Shay
Investment criteria for buying Apartment Buildings
I am interested to hear different investment criteria that people have for multifamily properties. I know that this is a subjective question. Some of the metrics I want to know about include cap rate, COCR, IRR, DSCR....