I have an opportunity to buy a deal, but I'm having trouble deciding the value mainly because I believe the value isn't in the current rent rates but where they could/should be. However it will take some money to get ...
Hello fellow members, The time has come for me to start searching for my first property. I'm looking to move in the next 6 months so I believe this is the right time to start. I have been watching the market and disco...
Hello, I'd like to pose a hypothetical situation. I'm curious on how members of this community would handle it.Let's use a typical BRRRR example, buy for $50k, $25k rehab, with the hopes of a $100k ARV and $1k rent. I...
In my everyday experience interacting with landlords, I have noticed a few things that are surprising to me. Often times the smaller scale landlord/investor does not take into consideration certain liability exposures...
Hey guy, I know that it is possible to get loans in both your wife and husband's name seperately as long as you both qualify for a property on your income alone but does anyone know the exact procedure to do this o...
Perhaps a CPA here can answer this question; I asked mine, and he didn't know as I was the first to pose this question to him. He offered to research it, but that costs me money that I don't have now...Earlier this ye...
I've decided to start studying for the real estate license test. At my full time job, I was asked to be the "go to agent" when they are looking for a house to flip and sell (They are investors). They are working on wr...
We have had some problems recently relying on tenant credit score, background checks and rent to income ratios as the main criteria for select tenants. I'm interested to hear if anyone has any thoughts on what other f...
Lets say I am a landlord in the state of Missouri. I accepted multiple application fees for 1 house which includes both a credit check and background check. I never ran the credit/background check for individuals I ne...
My wife and I are buying our first investment property. Our son will be living there to attend medical school over the next four years. It's a four bedrooms house, and he has already found three roommates each of who...