I am new to this forum, having lurked for some time. I recently completed another owner carry deal in OH. As I posted elsewhere today, I'm doing more of these transactions due to their more passive nature, compared to...

Hi Everyone,I'm interested in what kinds of things people are doing to find new tenants.  We have a unit that will be turning over soon and have been struggling to find a new tenant.  We have listings with good pictur...

I recently read that to avoid or minimize a lawsuit, a property manager should have a written policy about how a applicant is qualified and if they have all the qualifications, it is first come first serve for that re...

Hi I am a new wholesaler and I want to submit an offer on two REO properties now I know Im required to submit a proof of funds and Im going to use a transactional funding company to do this but I want to know. Do I se...

If lender's maximum desired ratio for borrower's mortgage payments to gross monthly income is 28%, how can a person with average income ever have a mortgage on more than one "average" property?Income from investment p...

I'm still a while off from needing these answers, but out of curiosity...How stringent is the $1million net worth requirement to become an accredited investor? Is it to the penny, or is it more of a rounding thing (so...

A prospective tenant showed up today and their  monthly household income is 1.9x rent and have additional incomes social security, job disability income etc ,income with this additionals comes close to 3x (little less...

I just rehabbed one of my 2 properties that I manage.  I inherited tenants for both so this is my first time filling a vacancy.  I decided to use RentRedi for management.  I was able to easily get my listing out.  I'm...

I see a lot of references to property ratings using A,B,C,D ratings.Is there an official rating system to specify the qualifications between them? If not, what for example makes a property a B instead of an A, what ar...

I recently listened to the audiobook, "Work the System," recommended by @Andy Kaufman at our last meetup, and it gave me some great ideas about setting up more well-defined and documented processes and systems ...