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I am being told by an attorney that because of the Mortgage Licensing Act of 2008 I cannot get a seller to hold the paper. I do not understand because I hear of people doing this.
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Hello, as a newbie to this game I’ve been reading all the books. They all have a uniform theme that contractors can be one of the trickiest members of your team find. David Greene’s book does well to describe the ques...
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I'm curious what everyone does to protect themselves from lawsuit when investing in rental properties.
I see that just about everyone does an LLC, but looking around on the internet, I also see people talking about t...
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Hello! My parents and I are new to the AirBNB community. Our first inquiry is a couple who wishes to stay in this single family home for 3 to 6 months for work. This would be our first guests to stay in this home thro...
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I'm just curious as to who in here is buying more of the Class-A type single family rentals? After listening to the Tim Shiner episode it got me thinking. A lot of people talk of buying the 30-50K home in Memphis or w...
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Hi BP, I have been researching, reading and listening to everything I can find in REI for the last few months. I feel that settling on the plan to follow is the biggest hurdle. I am pretty sure I now understand my inv...
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ok I am at a point where I have done my research and still learning but I'm ready to get my first deal going and get it under my belt. My credit is not good enough to get a mortgage loan. So I'm left with private ...
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Should I be worried if a contractor wants a 50% deposit (initial payment) on a 15 K interior paneling project? The material cost for this project is very linear over time. The first 100 square feet of paneling costs t...
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It seems like the worse the neighborhood, the more the rental profit.
For example, in a bad neighborhood, I can buy a $45,000 house that rents for ~$850/month.
In a good neighborhood, I can buy a $100,000 house that ...