Countless times, I've heard the question asked "How much do I need in reserves?" While the answer tends to vary based on the investors' risk tolerance, I thought I would share my experience. As a background, I live in...
Our property manager hired a plumber to repair a dishwasher in one of our single family homes. This plumber had done jobs for the property manager in the past and was reasonably priced from what our property manager t...
Hey everyone,What a way to start my introduction to this community, but currently I feel terrible. I'm near 30, and feel like I made mistake after mistake in life. I'm working a job I could've had out of High School t...
I've been looking into turnkeys in Memphis and came across the following 4/2 SFH in the 38118 zip code. Though it was built in 1963, it's had extensive rehab work done in the amount of $22,500. The major work don...
After talking with quite a few people and after reading some interesting reviews, it seems that the iPad could be a real game changer for the real estate business (and many others). With that in mind, I thought we co...
I’m getting ready to buy my first rental property within the next 2-3 months . I have 13k saved up and I intend to use an FHA loan.The multi family properties in my area are about 300,000+ for a 2/1 duplex . I found ...
Many people are waiting on the sideline, letting their capital ride where it is. The consequences of this inaction depend on where the money is parked. One of the big factors is inflation.
What is the impact if you l...
Hello, I have been researching loans and financing options and discovered that many lenders will let borrowers put a lot less than 20% down on a property, given that they get PMI. Now, this sounds great for investor...