I’m trying to figure out why getting a loan takes so long. Can someone please explain to me what happens behind the scenes? My lender told me that we can expect ~45 days between closing and when I own the home. What h...
My main strategy so far has been BRRRR and like many people I have been the cog that makes the machine turn. So, with that there are limits to how fast I can accomplish things. I've been pondering how to adjust my rol...
I'm 56 and would like to retire from my job as a nurse below the standard 65y/o. Have a house with $229k loan with roughly $100k equity & 300k trapped in a 401k. Seems like rental income would help but AM I TOO OL...
Investment Info:
Single-family residence buy & hold investment in San Diego.
Purchase price: $7,000
Cash invested: $32,000
Pushed into retirement from an employer due to Covid and 28 years of ser...
Hey All, would love to get opinions from seasoned landlords on this. I have an applicant for an apartment who looks great in every other way except for one thing...she doesn't have a history of fulltime employment.She...
Hi guys which is better for residential real estate investing, invest as individual, LLC, or Sole Proprietorship?
My husband I and purchased our first rental at the end of May. We are wrapping up the renovation and are putting it on the market in the next week. What guidelines/qualifications do you use when considering tenants? i...
Hello BP!I left my corporate job last year to be in real estate full time. This new life is wonderful! That said, I would like to refinance a condo, finance new acquisitions, etc. (beyond my existing portfolio) in t...
I'm new to wholesaling and investing, although I have enough of a background and have been studying it for a while and understand much of it; just haven't done it.
I've been self-employed for a few years now and work...
I know there are a variety of screening practices used by landlords and property management companies. Personally, I follow this standard for every application I receive:
- Income of at least 3 times the monthly rent...