Craig Stephens
HELP - How do you know who to rent to?
Hi, I'm doing my first rental property. I've have an application that I ran through SmartMove. It says to "ACCEPT". When I look at the details, this particular person is making over 100K a year in high tech contrac...
Cliff Mitchell
How to utilize equity from rental?
Hello everybody!! I live in the boom/bust roller coaster environment of the Permian basin and my profession is as an architect. I really like my job and the company I work for and have no plans on leaving, but would...
Jordan Slater
Where to keep cash reserve?
I am meeting with my property manager today to get my first rental on the market! I am planning to build my cash reserve over the next year as I prepare to purchase another rental. Where should I keep my cash reserv...
Amie D.
What to charge up front.
I have an applicant who looks like they could be a good renter, but has a few negatives (already discussed in the thread linked to below) and so I've decided to approve them, asking for first + last month's rent in ad...
Julio Gonzalez
45L Tax Credit Case Study on Apartment Complex
Are you familiar with the 45L tax credits available to real estate investors? The 45L tax credit is an energy efficiency tax credit available to owners, builders and developers of apartment buildings, townhouses...
Eric S.
Evaluating Loan Options
Hello trying to figure out the best possible lending option. Scroll to the bottom if you just want help answer my question and not read all the extra info about the property. Forgive me in advance for any typos.Here a...
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Hard-equity lending, consider these creative techniques
Hard Money funding is often used to finance projects that are considered by most to be unconventional!
Most call it Creative Real Estate Investing!
The reality of it all is that Creative Real Estate Investing techni...
Afrothiti Manolis
Experience renting to undocumented immigrants?
Hi BP Family,My lovely unit in the Hermosa neighborhood has been receiving a lot of attention from undocumented immigrants. I normally would run credit scores and require a certain income but I would also like to make...
Daniel Hsieh
HELOC Rant
So I spent a big chuck of my time last week trying to get home equity line of credit on my 3 properties. Using the rules of thumb that primary is 80% and rental propertyies at 70-75%, I figure I could get over 100k li...
Leland S.
How to account for flip gross profit
Hi Folks, I have a master spreadsheet with all my costs for a flip. I'm confused though as to how to calculate my gross profit. I have considered any and every expense associated with the project, including credit car...