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Hear me out.
Let's say part of your screening criteria is a minimum of 3x rent as income. In CA and some (all?) other states, you cannot discriminate based on source of income. That means if the prospective...
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What do you think of this rental applicant?Cons: A bankruptcy "less than a year old" (I'm not sure if that's since filing or since discharge), no recent rental history because he was a homeowner, a new wife from his n...
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While doing back of the napkin due diligence what is a standout factor that will immediately turn you away from analyzing the deal any further?
Hello all,I wanted to pose the question to you all. Is Bigger Pockets actually making it harder for new investors to get started in real estate?To be honest, lately, I've been having this thought. Please allow me to...
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I recently purchased a rental property for cash with a short term unsecured loan because it was such a good deal(numbers below). I figured since I owned 100% equity in the house and I am only seeking 65% LTV I would h...
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Hello everyone,
My story makes me a little sick to think back on and retell, but it’s mine and I’ll claim it if for no other reason than the satisfaction of the difference when I’m free.
I grew up in a rich home but...
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I live in San Diego, CA and want to buy my first rental property but I don't have a primary residence yet. Does renting an apartment so I I can use my savings out of state sound like a good idea? Or would you dig for ...
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I am really curious as to what kind of background most people were before they started working. For example, Were you in a high paying job? or did you owned a business? or were you just a college student like me who ...
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The market has changed so much over the last 2 years, I'm finding that posts and other reference points on what's a good deal from a few years ago don't seem accurate anymore. I'm buying turnkey properties from out of...