So I was wondering how appreciation investors satisfy the debt coverage ratio? I keep seeing that banks require a 1.2-1.3 ratio. I know that a lot of appreciation plays barely break even on cashflow or are sometimes...
Well its been a rough year as a landlord for me so far. Even worse than the year Hurricane Ike caused its damage. To date since January first of this year I have spent an average of $1475 a month for repairs and vac...
I have been receiving a lot of interest in some of my rental mobile homes from Hispanic people that have recently moved to the U.S. from various Latin American countries (Central America and Mexico mostly). Most of t...
So I've been slogging through a 3-month rehab and rent house for the past 6 weeks. Condensing a large project in half as a DIY beaver that likes to build his OWN dam is not recommended. I took on a frantic timeline ...
Hi Everyone,We are about to purchase our first turnkey property, but I would love to get feedback on whether you feel these numbers are accurate and whether the house is a good buy. This company sells the house at th...
Dear landlords,
I recently read the post about AirBNB arbitrage (renting someone's place and listing it on Airbnb). But as a Landlord, would you rent to someone who will list on Airbnb? Why or Why Not? What will it t...
Hello everyone,I have been educating myself through audio books, and REIA meetings for about a year now, but still feel like I do not know enough to really GET STARTED.As a stay at home mom to a highly needy toddler, ...
I don't have any savings because of divorces and I helped my children & grandchildren start on a better foot than I did & I have a big (too big!) heart.So with that being said...I thought I was ready to try Wh...