Joe Pearson
No Reserve + Need Tenant to Afford Mortgage = Too much risk?
So, I'm planning on purchasing a duplex or triplex within Manchester, NH, but my fiancee and I can only afford an FHA Loan 3.5% down and 4.85% interest, 30 yr mortgage, and that will leave us with practically no reser...
Colleen F.
1100 electric heat bill for tenants what besides use could be wrong and what can we do ?
Just got a call from a tenant parent and the January electric heat bill was $1100. In past years the highest it went was $800. The heat is all electric baseboard with one room with under floor heating on slab and o...
Ben Leybovich
2% Rule is the Stupidest Thing EVER!
It's misleading as all hell. It doesn't focus on the truly important elements of the underwriting. And @Brandon Turner is not helping anything by continuing to talk about it on his webinars.[Note from Brandon: see m...
Joshua Dorkin
Zillow & Appraisals - Novelty or Professional Valuation?
Hey everyone. I wanted to bring up a recent news story to see what your thoughts are. I reported on our blog yesterday a story, Zillow Banned in Arizona by Regulators. Is the Novelty Wearing Off? where the mega corp...
Bruce Woodruff
Would you take your STR guests shooting?
We have a guests coming next month from England. They have expressed an interest in shooting since they are really not allowed to over there. They say they have purchased travel insurance that specifically covers this...
Sarah Buchanan
Tenant's dog attacked my husband!
Two weeks ago my tenant's dog (listed on her lease) attacked my husband as he dropped by to deliver a Christmas basket (no good deed goes unpunished?). Jumped up and went for my husband's throat/neck but fortunately ...
Tyler Hogan
Max out Roth or save for real estate?
Hi guys, I wanted to get some outside opinions on something I’ve been thinking a lot about over the past year or so. I have a goal of reaching financial independence by 30. I am 25 years old, married, have a mortga...
Henry Clark
Self Storage- beyond. Silver Lake Subdivision
We sold our largest self storage location. See separate post. Wanting to reinvest back into the market so we do t lose out to inflation. Part of the funds we are closing on a five acre future Storage location. Will ...
Terry Lao
In order to succeed..............someone or others must fail ?
In order to succeed..............someone or others must fail? Agree or disagree?This is a general question, which pertains to pretty much anything, including real estate. In real estate, there are many properties, but...
Ana Marie B.
Interesting Anti-Landlord Ordinance Approved in Seattle
Curious what others think of this new pro-renter ordinance approved in Seattle. Would this make you think twice before investing in Seattle RE?In a nutshell, this ordinance aims to ban "discrimination by landlords a...