Hi Folks,I've heard investing in the inner city and low income/high crime areas is horrible, but I'm here to ask either how you've made it work to be successful, or exactly what kind of nightmare you've had?I've been ...
Hello, I'm a brand new investor in CA. I've realized i do not have the working capital to currently invest in CA, since all the hard money lenders I've talked with require 20-35% down with a new investor like myself....
A couple of month ago, a tenant I have had for 2 years told me her freezer would not always seal when she closed it. I went to the house and even though the fridge was only 3 years old, I told her i would swap out th...
First-Time Home Buyer: The Complete Playbook for Avoiding Rookie Mistakes is available now!
@Mindy Jensen and @Scott Trench have been buying and selling houses for a collective thirty years. In First-Time Home Buye...
I'm going to be hard lending money for the first time and I need some pointers. I've inspected the property with the lendee and I'm comfortable lending her 80% of the value. She's buying the property for 125k and I'm ...
The reason I ask is because I was listening to one of the podcasts here, and one of the guests said though he was from Southern California, his first investment was in Texas. So, though Denver is hot right now, would ...
Last week I pulled the plug on the purchase of a fourplex during inspection because the numbers weren't going to work out if the RE market dropped much and the property needed rehab the owner didn't want to deduct for...
Hear me out.
Let's say part of your screening criteria is a minimum of 3x rent as income. In CA and some (all?) other states, you cannot discriminate based on source of income. That means if the prospective...
Hey guys, I'm working on my first multi-family investment, and I'm hoping you all might have some advice. I am currently renting an apartment with a lease that expires at the end of January, so I'm in a bit of a time ...
Okay, here's an interesting situation that my best friend (let's call him "Bob") found himself in this evening, and I'm curious what you would do if this happened to you... I'll try to keep it brief, but regardless, ...