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When screening tenants, in addition to running a credit report, checking landlord references, and checking bad tenant databases I also try to check the applicant's social media accounts. Some people have their account...
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This is going to be long, hope it makes sense. 9.5 years ago 6 investors got together and purchased a 42 door condo complex. 3m cash was put it and a 3m loan was taken out. Rents have paid down the loan and it will be...
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Thinking about buying a rental that works out to be $100/m after I run my numbers. It's a SFH in a good school district. I'd say B+ area. I am self managing this but still factor in PM expenses incase I move. Although...
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Good Afternoon,I am trying to gain some information about the audience of passive investors and what they think about when they think about investing passively in apartment syndications. What are some false beliefs or...
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I was listening to Podcast Show 81 the other day and one of the things Michael Quarles said really surprised me. He said that when someone calls him to sell them their house, he does not (ever) make an offer. He (ess...
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I have a friend whose, daughter is getting her first apartment. She only makes 2 times rent and they require 3 times as most do. They would accept her if her father (My friend cosigns). I have not done cosigners so I ...
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OK so we bought our 1st rental property... spent about 10 months of hard work and sweat to completely gut it and put it back into great shape on our own. Got our tenant and she had a good background check, a job, pr...
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Hi! I have the opportunity to make some loans to a home flipping business in FL (structured as an LLC) secured by first position mortgages on residential real estate. I've looked through the laws myself ( http://law....
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Sooo... I've started doing mailings and the phone is ringing. I've got some (somewhat) motivated sellers. What I'm finding is that when I ask them what they think their house is worth or what they are looking to get -...
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I know there has been a lot posted about REI or Memphis Invest. I thought I'd post about my experience. I've researched them for years. What I found useful was that they seemed to have a high number of investors th...