Steve Franco
CCIM certification question
Hello,I was just wondering if anyone has their CCIM. I'd love to get into the commercial side of things and then recently heard the discussion on CCIM. I looked into it and it's definitely expensive and time consumi...
Michael Varela
First Deal Done! Single family foreclosure rehab
Investment Info:
Single-family residence buy & hold investment in Old Saybrook.
Purchase price: $200,000
Cash invested: $50,000
Single family value-add foreclosure for rental property in highly d...
Tony Rawhouser
cash out 401k or get a loan
Im Tony, I currently work one weekend a month (24 hours total) at a local hospital and want to replace this with a rental property or two, I don't have a ton of cash and im actually willing to cash my 401k in to get s...
Dan C.
Financing rental property in need of repair in Las Vegas
I would like to begin by saying thanks to many of the folks here that provide such good advice and insight freely. I have been lurking around for about six months and have benefited in no small way financially fro...
Chris G.
Cash out re-finance of heavily seasoned properties but no tax returns?
I have 7 SFR's that have been rented out for several years now. Total approx. value is ~~$1.1MM. $0 debt, $0 deferred maintenance, nice homes in good areas. (FL and CA). No funny business, clean titles, no past due ob...
Loubert Jean Philippe
Closing Cost enroll............
Hi everybody, it is a good idea to enroll my closing cost into my loan??
Any Sugestion
Rick Turman
Holding costs part of Renovation
So, i'm starting to re-think if I took the right step. I used the MPP formula to come to a great price on the home, which I may be in escrow by as early as Friday. Woohoo! Long story short is, After I look at the M...
Justin Goodin
Full Breakdown: Operating Expenses
People often ask me how they should determine their operating expenses. These numbers should be determined using a combination of the historical financial data available, feedback from your property management company...
Diania Sommers
Room rental in private home and flood in room
We rented our mancave to a man and yesterday the room was flooded. We put him in hotel for 2 days however, we want him gone so we can properly get carpet to dry since the room is a media room and it cost over 10,000 t...
Ben Staples
Tenant with a sales job, how do I verify income??
Hi All,I'm new to the game and have a question. I understand the rule of verifying that the potential tenant's monthly income is 3X the monthly rent. A potential tenant seems like a nice guy, his application looks g...