I am trying to understand the procedure for qualifying income ratios for Fannie mortgages. Investor or owner occupied.How do they count rental income from new purchase? I understand for existing rental properties the...
I am very interested in bidding on tax liens at Cook County. Is there anyone going or know the procedures. Just answer some questions that might be wondered about me. I am newbie. I haven't been at any auction sal...
Hey everyone,
This is the first time I rented and next time I need to do a better job screening. I found out my tenant was committing welfare fraud recently. The lease ends at the end of June but I was trying to get ...
First off,
God bless the moderator for leaving this forum open for discussions on Pinnacle - It's been so difficult finding info on them online - Again thank you.
Like most others in my boat, I'm a recent investor w...
Any suggestions for a first investment on rental property? What to look for? Best ways to maximize your returns?
Hi all,I'm at my whits end, and hoping I can get some help here. I'm in Texas and on Oct 6th, I purchased a 4plex. the title company ran their numbers for taxes based on 2016 and use that for 2017 even though the esti...
Hi there! My father and I just purchased our first house, all cash deal. We are looking to flip the house for profit. We did use the 70% rule, and it passed by a good margin. Now, we are wanting to know if we should e...
I just bought a three-story, three-unit building in Uptown Saint John NB Canada, but it has really big interior size. Based on the existing layout, I can easily convert it into fourplex with 4 pieces of three-bedroom ...
Ive listened to "the book on managing rental properties" by brandon turner. in the book, in podcasts, it is repeatedly stated to form a process or procedure for every aspect of your business. ive decided to begin putt...