Hello, I have a 12 plex in Colorado Springs and First Bank is handling the loan. They recently said I breached the covenant of the mortgage by not meeting their Debt Coverage Ratio of 1.3 in 2022. Due to this, they ...
Please help. A little over a month ago I got a line of credit on a second home. Last week I put my 2 weeks in at my current employer and am planning to move into my second home. I was planning on taking some time off...
What are some questions you think are necessary to ask contractors when fix and flipping?
I keep reading people here saying "Your rental properties are a business" as a precursor to some inflexible dogma about sticking to the letter of agreements and pursuance of remedies for breaches. Let me point out ...
Hi everybody!I am buying a rowhouse in PA with an oil tank in the basement, I am doing a rehab but my budget is really tight and I don't have enough money to convert the heating to anything else. How common is to have...
Looking to buy turnkey in Memphis. I also am buying one local in Utah (probably a duplex). My question: I am very busy with 4 kids and a profession and am thinking Turnkey would be my best option. I would like to hear...
What is your take on the idea that a low cost communication and transportation lines are going to cause a migration of people from cities to rural areas? Do you think cities will remain to have the growth they have be...
Chad Carson, in his Real Estate and Financial Independence podcast episode 41, said that he did a lot of his investing in properties with a price to rent ratio between 5 and 8. I cannot recall if he indicated those we...
Hey All,I initially wanted to start investing in properties using Turnkey Companies but it pains my stomach knowing how much money I am leaving on the table, by doing this. I would like to put together my own team in ...
We have to repaint a new STR and am asking for good recommendations on paint color choices.