I had a partnership proposed to me by an acquaintance in regards to buying and holding rentals. SFH and small MF. He is largely wanting to be a money partner for tax benefits. He needs some tax write-offs and I need c...
Hello everyone!I'm Mike, a newbie from LA. Currently I work in the entertainment industry for a advertising agency, cutting trailers, tv spots and other sorts of content for movie, tv shows, etc. Sound fun right? watc...
I made a thread awhile back when I posted my 7,000th post. In that thread I mentioned that I would provide an update when I reached my 10,000th post.Here is what I had to say when I hit 7,000 posts.___________________...
We could use some advice based on Florida statutes.
We have tenants who’ve increasingly proven to be a pain. We’ve been patient and kind, gave them a break or two going in and along the way, but it became increasingl...
Quick question regarding DTI for a Fannie loan. As I understand that new rental income (less then 2 years) is calculated as:Gross rent * 75% - DITI = income added What I don't know is whether or not the DITI still cou...
I hear a lot of investors talking about Buy, Rehab, Rent, Refinance, Repeat to get as many as 100 doors. The number don't make sense and how do you refinance? Here is the math. See if I am doing this right, Buy a hou...
Hello...my name is Angela Fitch and this is my first step toward becoming the real estate mogul that lives within. I'm totally new and looking forward to learning and growing.
I'm an investor in Surrey, BC. I've hit the classic 'door barrier' (I'm at 6 buildings and 18 doors plus a principle residence by a combination of bank mortgages and LOC funding. I'm in no rush (I have my plate full i...
I have decided to target 20 or so towns in Pennsylvania (several counties) I want to purchase property in. Is there an online, paid or free, system that I can input the 20 town names and then filter to locate parcels...
I'm constantly working on trying to keep myself motivated in my professional real estate career. I like real estate, but my main desire that keeps me in the industry is to achieve financial freedom to do the things th...