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Hello Everyone:I have owned a couple properties in Saginaw, MI for a couple years now that I previously sold on land-contract. I have had to foreclose on both properties, and currently own them again. The market has...
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I purchased a short-term rental this year and I am self-managing, so I qualify for active participation based on the 500 hour requirement. I am considering doing a cost segregation study, but after looking at all the ...
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The Chicago Department of Housing on Monday chose two nonprofits to provide free legal help to low-income tenants “at risk of or subject to eviction or lock-out” in Chicago.https://chicago.suntimes.com/c...
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My husband and I bought a small multi-family last year and are self managing. We require 2.8x rent in income and included that in our listing. We have an applicant with 2.3x rent for income and commented on the appl...
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My GF and I own a growing online fitness business that is currently breaking even. Our goal over the next 90 days is to take on a cash flowing asset to start paying off our biggest liabilities. Growing my business is ...
Hi,I have been recently looking at some multi-family units and some of them come with HAP. I wonder whether you consider this as a pro or a con? Those units seem to be easily rented out and usually come with waitlist....
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Alright BP, here's my first success story! It's a 3 bed 2 bath, 1500 sq ft house in Petersburg, VA. When we bought it, it had structure issues, mold, no HVAC, leaky roof(cough, cough-- 4 layers of shingles), sto...
Hi everyone,I'm just starting out in REI and have run into a snag. I recently sold my business and want to start investing to generate cashflow. I have excellent credit, plenty of liquid assets but currently very low ...
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Hello Everyone!I was wondering if anyone knows if its possible to get a mortgage loan like an FHA and getting preapproved for it with low income lets say 15k-25k a year or even less as an example, but having an excell...
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When finished with a rehabbed property in a low income/distressed community, and before the house has been occupied, what ways are helpful to keep the property from being broken into, vandalized, looted, etc.
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