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Results (1520)
Eric Walker Just starting out - Joliet IL
2 April 2018 | 15 replies

Navy veteran trying to one day quit my job.  I live in Crest Hill IL just outside Joliet or about 45 mins drive to Chicago. I've worked for the VA for about 10 years.  I used my VA loan about 7 years back to buy a sin...

Hossam Elaskalani Question about Pre-Approval Process for Non-QM Lenders
7 April 2021 | 47 replies

Hello, I am in the process of getting a pre-approval before I start my hunt for my first rental property. My mortgage broker is pushing the idea of a non-QM lender being the one who funds this deal. My broker says I c...

Gabe Goudreau Planning For Unseen Expenses When Investing In Rental Properties
1 December 2022 | 13 replies

Hello,

I recently listened to Dave Ramsey dissuade a caller from purchasing a multi-family building, and I believe he made several valid points. He said that one of the main issues is that the buyer didn't have the...

Michael Plante Lowering rent for tenants to take care of maintenance
20 February 2018 | 34 replies

pros and cons?Suggestions?Thank you in advance 

Ed L. How to Write Off Maintenance expenses on my properties
31 August 2011 | 22 replies

I'm growing my rental portfolio and I am a little confused about how to handle my taxes.

With Maint expenses do I need to record them as they come in and then deduct from Income for my taxes?????

OR.

Can I put asi...

Robert P. Just Listed my apartment....bombarded with calls and emails!
27 April 2016 | 85 replies

So I just listed my very first apartment EVER! I posted on both Zillow and Craigslist and have received about 10 emails and 5 calls in the last 12 hours (posted at 10pm).My approach right now is to have an "open house...

Daniel Dietz Self Directed IRA - doing work on property yourself?
15 August 2024 | 21 replies

Hello,
More SDIRA questions - I am putting them under separate heading to hopefully make them more useful to others too.

I understand that I can not 'do the work on the property to make a profit'. As might be the cas...

P.J. Bremner Running comps, am I way off or is the wholesaler? Help! D:
28 March 2017 | 18 replies

I saw a deal recently from a wholesaler on BP and I wanted to run something by some of the more experienced investors.  I'm well aware that most wholesalers tend to "dress up" their ARV numbers and "dress down" their ...

Joe Butcher 3 X the rent on lower income?
3 April 2014 | 17 replies

I hear a lot of landlords on here talk about tenants needing to make 3x the rent to qualify. Is this rule still a reasonable expectation in lower income areas?

About the unit I'm renting: I think I can get 10...

Terry Madden 2% Rule
16 March 2016 | 18 replies

Hi All,

I'm new to real estate investing and am eager to obtain as much knowledge as possible. Currently, I own one property that I live in and one rental property.

One of the general rules I am familiar with is the...