I have 2 sets of applicants for a property. My stated policy is that applicants have a minimum monthly income of 3x the rent. Applicants A: Income is a combination of SSI, Foster Care, Adoption stipend, Musician, an...
Hi folks, I've replaced the old musty cabinets in my cottage rental. It is a small unit that sits on the same property of my house that I live in. I put in Ikea cabinets and was going to put in the cheap laminate P...
"The Real Secret of Success Choose Your Suffering.Everything you want in life; every goal you want to achieve; every dream you want to manifest: all comes with a price tag.Legitimate success in any endeavor requires t...
Anyone have any good advice on how to choose a property manager. Any bigger pockets books on the topic or blog post? Not interested in self managing looking on cutting down my current hours working each week. TIA
I am trying to decide between the various submarkets in my area to buy and hold small multi-family rental properties. How do I tell which submarket is best for this? What sources should I use to find the appropriate ...
Hey guys,
Question, I want to get a HELOC. I’ve checked into my Credit Union and Primary bank. The CU offered me $200k, interest only or principle and interest payments. First year a rate of 5.24% and after that it’s...
In the process of closing my first investment property (rehab-ed 4-plex in Phoenix, AZ) and had a question about selecting insurance provider.I am trying to decide between Farmer's ($1,779 premium, $2.5k deductible) ...
How do you think about these two things?1) I have identified a very experienced operator but they are projecting very high returns (31% IRR) which I feel is a red flag. 2) I have identified other operators that have o...
How are you guys choosing which agents to work with when buying flip projects? Are you finding them through referrals, area specific, or just doing recon on who is most heavily involved with moving REO's or short sal...
I am looking for a lender to finance my first real estate purchase. I intend to buy a small multi-family using low money down, owner occupant financing since I will be living in one unit. There are a lot of lenders ou...