I recently posted some questions regarding financial strategy involving car loan debt, student loand debt, mortgage debt and cash for new acquisitions.
There is a strong contingency of folks that claim you should nev...
I've been a landlord since 2006. Up until now I've never had to evict a tenant. I've had people owe me what I would consider decent sums of money however always treated those tenants with respect from our first inte...
I have heard a lot of posts about how to buy real estate with no money down, low down, first time buyer program, etc. All these paths are possible, but they are financial decisions that you are now just realizing when...
Hi Everyone,I have a potential tenant who has a 529 credit score, and 6 accounts in collections ($4k total). They earn 3x+ in income, no felonies, no evictions.The credit score would normally mean I would deny the app...
I see the day coming when you can't afford to manage a small portfolio of rental properties.The tough part for me has been getting maintenance done for little stuff. I have had so many handymen over the years, some li...
I'm a newbie and I'm just getting started. What are you thoughts on getting a condo as your first property? After listening to a few podcasts, it seems like a good idea to stay away from them due to HOA fees. Is there...
Hi Everyone,
I just finished reading one of the rich dad/poor dad books and I can say that I am sold on RK's ideas. I realized that working for someone else will never get me to the point I want to be at in life. I k...
I recently met a potential tenant that I fell in love with. Very sweet personality and she was excited about the uniqueness of the property. I checked her credit score and it was not great (595), has a history of some...
Right now I have a pending assignment agreement. It feels great. The buyer called me on thursday with questions and I was honest with him about the property needing a full rehab. When he stopped by the property he cal...
Hi all,
New landlord here again...
So what do you normally do between tenants besides change the locks? I'm talking in an ideal world, where the tenant has left the unit reasonably clean and there are no outstandin...