Hello, I am looking into an opportunity to acquire 46 units for my company, the owner is willing to do owner financing, but is demanding us to get Private Mortgage Insurance does this even exist? I have never heard o...
Hello RE geniuses,Story below, but here's the main question: If we were to go through with it, what is the best strategy for a medium-income family to purchase an expensive short-term vacation rental?Here are the deta...
I am about to close on a 4 plex (multi family) is that has paying tenants, however I feel that there is a lot of secrecy and things I am not being told about the tenants in the home. According to the listing agent an...
I am very familiar with this rule of thumb, however it seems so misguided and arbitrary and takes into account almost nothing other than a base rental assumption.Say you've got a 10 unit building and most tenants are ...
I found the following and thought everyone should read this:
Rights and Responsibilities of Landlords and Residents in Preventing Housing Discrimination Based on Race, Religion, or National Origin in the Wake of the...
I'm trying to find quality tenants by doing credit and background checks. 1 applicant's credit and background check and income verification matched my criteria so I accepted their application. After I accepted the app...
Hi everyone
Wanted to get thoughts on this...
3 bedroom 1 bath house listed for 35k in a decent neighborhood. Hasvbeen on the market or awhile. Could maybe scoop up for anywhere from 25 k to 30k. Taxes are only $6...
I'm looking for input on growing my real estate business. I normally deal with the same realtor for all of my transactions. We have a great repore. He does a lot of business in general and has worked for the same b...
Hi BP,I am planning to purchase my first property to rent. I want to start with a simple deal first so I decided to purchase an apartment which could be easy to manage. Let me start with some facts before having quest...
I reach out to all types of people in attempts to make long term, mutually benfeficial relationships. One thing that continues to happen is negative responses from a lot of the "we buy houses" groups.
Example 1: I ha...