Hello! My wife and I are preparing to buy our first rental property for investment purposes. I'll detail the ongoing process here in this thread so others can follow along and see what it's like for a fellow fir...
Hello all, I've got a class C property that has not provided me much in the way of qualified tenants. I was curious if I am being too stringent on my criteria... I have a background in consumer lending in a nicer area...
Im new to real estate and I'm sure like everyone, I heard about people Section 8ing their property's in these "war zones". I've seen posts about semi-war zones but nothing about full on war zones.Now when I say war zo...
I'm aggressively looking for my first MF rental purchase. I just found 9+ MF Units deal, that I need to act on asap.After looking thru some public records. I found about 12-15 eviction cases over last 9 year since she...
New year, new laws (Senate bills 205, 206 & 207).Effective January 2, 2025, Michigan landlords can no longer consider a tenant's source of income when screening them. (income = 3 x monthly rent, Debt-To-Income, et...
I recently came across a small duplex that is FSBO in a ghetto. I've heard about the strong cash flow properties in low income areas can produce but I'm also aware of the downfalls of investing in not so favorable are...
I posted this on FB also, but I think it was a TL;DR situation, and/or no one really wanted to "go there." :)
If housing assistance, such as Section 8 is designed to help tenants, why not give them the funds direc...
Bought a duplex in Memphis with two 3bd/1ba units, nicely rehabbed, from a turn-key "passive" investment firm. The units are going for $650 each and the market is around $750. I have not had a tenant in either unit ...
Would anyone like to explain to me some of the benefits\drawbacks of both of these types of investments? It seems to me that when starting out, REI seems to require far more money than investment in stocks.
I read t...
Hello Guys!My name Erin and I heard about this site from a friend. I've been toying with the idea of getting into the real estate business for years now. I can honestly say I've never been more ready...I'm very inte...