What financial qualifications do you consider when evaluating a tenant? Minimum credit score? Income multiplier (compared to monthly rent)? Debt:Income ratio? Other?
Hi all,My partner and I are looking to buy investment properties in Alabama, specifically Birmingham. We are both out of state investors. We both own 1 property at this time. I had a few questions and would appreciate...
I thought I'd share my approach and strategy to buying foreclosures that has served me pretty well.Foreclosures – Assessing ValueWhen you buy a foreclosure, not only are you assuming liens on the property, but you’re ...
hello,A little advice, please. I'm very interested in a fannie mae homepath property and it's listed at 79,900. It has a beautiful floor plan but needs tons of repairs. I bet homes in that area sell for 130-140k. The...
Looking to get under contract 10 units (5 duplexes) on a lot of land. Each unit is a 3/2 with 1200 sqft. The land has permits to build an additional 5 duplexes. The first 5 duplexes aren't finished. They require floor...
Hello all. New here from Phoenix, AZ. I am new to the game and have been reading / listening / absorbing as much information I can about beginning a journey in real estate investing. Before truly moving onto that jour...
My wife and I live in Livonia, Michigan and are making to push to get out of analysis paralysis and into taking direct action in securing our first investment property. We have been in the education phase for quite s...
I've relocated to Lexington, SC from NJ, where I personally believe has the potential to be the next up and coming area.Number 2 school districts in SC, weather is amazing, wages keeping up with inflation, way of life...
The last 6 months of leading indicators spell bad news historically for the state of New York!!! Of course no one knows what will happen, and neither do I claim to. But damn!!! Look at those lines! Eerie.. The leading...
Hey guys,
Me and some friends found someone that wants to offload a 20 unit complex off market and just wanted to see what questions do you guys ask for a deal this size? Also I know that everyone has different cap ...