I have an unmarried couple wishing to rent a place I have in Missouri. I have asked for 3x income from each of them. With a married couple I would only ask for 3x income in total. Is this a legal request?BACKGROUND: I...
My wife and I purchased a single family 3BR 2 bath home for 75,000 in the Midwest at 4.75%. We can pay it off in 2 yrs or rent out @850month. Why not pay it off? I get that we have more dumped in but to pay it off in...
Hi All,
I have an investment property I'm selling in the next couple of weeks, which I bought in 2016 with $250k, expect to get $400-450k after expenses, with capital gain of $150-200k. I'm looking into options on w...
I have been unsuccessfully bidding on multi unit foreclosures in Chicago and was wondering if there was a rule of thumb for over bidding to successfully land a deal?These are bank owned properties that are cash only, ...
You may have seen my post from a couple weeks ago about my tenant wanting out of the lease. I'll put the link below if you are interested in reading it. If you didn't see it, here are quick details:Tenant called me to...
I live in in close proximity to Northern Kentucky and have an interest in investing in Cincinnati and Kentucky. Is there a strong deterrent from investing Kentucky or any strong differences between the two states ...
I've been under contract on a house in Kansas for a couple of weeks now. I've been researching tax deed properties and decided to look into my future home. Upon fulling code violation records I was surprised to find t...
I am looking at moving funds from a previous employer 401(k) into a SD IRA. I am considering using Equity Trust or Next Generation Trust. Anyone have experience you wish to share regarding doing business with either? ...
I have been told that you should only refinance when rates are low or if you need the money to use for another investment.What if rates are low and there is are not a lot of listings on the market. Is it a good idea t...
Property related question but a good one in general terms...Im new but would love to hear others storys....For me it would be the classic of
reading rich dad poor dad alot sooner then i did. It would have put on thi...