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If you have spent even one minute on these forums, you've run into Jay Hinrichs. He's one of our most prolific contributors, currently sitting at Number Five on the all-time posters list.Jay has been investing forever...
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Hello! We invest in single-family homes in Southwest Washington (State), and the SFH I'm writing about is located in Vancouver, Washington.We have a tenant (a mother and two high school age children) that have been e...
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Hi there! I am blessed to currently have $400k cash to invest in real estate deals. I am looking to invest nationally (remotely). I have a running plan but I am just starting out in REI and am not interested in moving...
Example: 400,000 purchase price 80% ltv 1st mtg.= $320,00015% ltv 2nd mtg.= $60,0005% down payment= $20,000Avoids Monthly PMI payment Very strong financing program for multiple reasons
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So I got a phone call from a tenant who is six months into a one year lease, she is moving in with a boy friend.Lease has an early termination fee of two month's rent. I am holding a security deposit and last month's...
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I have been receiving a lot of interest in some of my rental mobile homes from Hispanic people that have recently moved to the U.S. from various Latin American countries (Central America and Mexico mostly). Most of t...
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A couple disclaimers before I start:If you look through my profile and previous posts, you'll see that I am young (just turned 22), and also may believe I don't have the right mindset or maturity yet to start REI. Thi...
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Chicago is a hot market now but the State, County and City all have significant public employee pension and healthcare debt (that cannot be reduced except maybe in a bankruptcy). Property taxes are already high, but ...