Hi All - new investor here! Currently stuck in analysis paralysis trying to find my first deal. I live in AZ but am looking out of state for less expensive properties. The part I am struggling with is calculating a...
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I have a rental property in a single-family residential neighborhood that's close to a fast-growing university. About 10% of the houses are rentals, and an estimated half of those are currently rented to students. We ...
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I've got a house under contract and I can't decide whether to flip, or refi and hold as a rental.Purchase price - $95kReno - $45000(estimated guess, meeting with my contractor tomorrow)Loan costs - $15kARV - $215kIf I...
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Hi fellow landlords!I currently use a policy for accepting tenants where I say that the first applicant who turns in their complete application and is qualified will get the unit. This works out well most of the time ...
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I concentrate on short sales but I have a friend who is facing foreclosure that is not a short sale candidate. Can someone advise me as to how I can best help him?
His house is valued at $167k. I don't know the repai...
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I just read 4 Warning Signs of High Risk Tenants. Great article!
I am under the impression that when a tenant applicant applys (fills out forms, background check) that you cannot reject them for any reason and keep l...
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I’ll admit - I’m new to the real estate world. I’ve spent the past 7-8 years in politics - as a campaign manager, operative, and consultant. And ironically, one of the biggest mistakes I’m seeing new investors make is...
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I just put up an article on avoiding the appearance of discrimination and mentioned the tenant scoring system I use to vet prospective tenants. I feel this is the best method for accurately comparing prospects and wo...
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My townhome is getting lots of interest with prospective renters, but almost everyone's first question is "What are your qualifications?" This translates in my head as "How crummy of a tenant are you willing to take?...
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I’m just looking for renters for my property for the first time. I’m renting by the room.Where do you have the most luck?I’ve advertised now on cozy, Facebook marketplace, and Craigslist.Where else is good or have you...