Hi BP! I was talking to a friend of mine about credit. He says that each person is worth a certain amount of credit based on their income. Here was his example: Say you make $70k per year. You are then worth $200 in c...
My mother passed away 2 years ago, I finally got the estate closed out and got my name on the title. The mortgage I am still paying is still in my mother's name but it has a HAMP incentive, so next year it will be fin...
Any Akron investors see the recent articles about the city’s new proposal? Apparently Akron has one of the higher eviction rates in Ohio (and even nationwide), and there is a proposal out that would allow judges to se...
Managing a rental can be as tricky as a high-wire act, especially when it comes to picking the right tenant! A friend of mine, who not only manages but also lives in his triplex, is about to face a vacancy. He's con...
All five have renters in them and I'm house hacking in the 3 flat. I want to discover strategies to pay the loans off on these properties as quickly as possible. So would you flip homes until you pay off the loans o...
Team,What is the average applicants score you require and why? Do you change this for lower income applicants/ lower income neighborhoods?I'm using an online screening service that says 650 ◄ (Avg. Renter's score)Thanks
Hi All, I close on my first investment property in three weeks, and I'm wondering if it's common to inject a certain amount of reserves in the property's bank account right off the bat. Purchase price is $122,000 and ...
Hello All,
I am 23 years and graduated from college a couple years back. I started a very successful internet business selling electronics and I have been itching to get into real estate but ive been sidelined until ...
Hi All, I'm back with another question! So this weekend we had two showings with families that really liked the place and submitted full applications. I'm using cozy.co so it is all online. The first family submitt...
There are numerous ways and strategies to invest in commercial real estate since there are many asset types (office, industrial, multifamily, retail, etc.) in the sector. Investing in commercial real estate is a comp...