Colette Major
Using a room in my rental to store my STR furniture
We are paying $260 per month with Public Storage to house decor/furniture that we intended to use for coliving. Long story. I do not want to give away the items, they are brand new and I cannot bear to eat the cost. H...
Sterling Britt
Rent to Income ratio?
Is there a number you guys use for monthly rent to income ratio when evaluating prospective tenants? I was told gross income should be 2.7 times monthly rent.
Barbra Thebenyane
Seeds of doubt regarding capital pitches for equity
A bigfish investor has approached our project with a deal that seems too good to be true. What risks are involved in granting the investor too much equity in the end product? Could there be an ulterior motive involved?
Victor Maxey
***HOW LATE IS TOO LATE TO BE COLD CALLING****
How late is to late to cold call sellers to find motivated sellers? I figured about 9-10pm was a good cut off point, but maybe I'm just that motivated.
Anthony Vander Meer
What percentage of equity do you give away for a down payment
Hey all, I'm up to 14 units using my own money. I recently have been presented with a few very promising small multi family deals direct from sellers. I have some cash but want to keep it for the future market softe...
Greg Christensen
How to rid yourself of a property you can’t even give away?
Long story, but I have a mountain property I’ve had for sale for years. I finally got an offer at about 80% of my asking price, but the offer is contingent on me accepting another property in the same area in additio...
NA NA
Effectiveness of Land Trust in Texas for anonymity
There is no shortage of content on the benefits of a Land Trust but I am curious as to whether there is truly an anonymity shield created by using one, especially in TX.
I ask because it seems like a majority of i...
Stephen Gilmore
I need a special buy/sell contract
Hello everyone,
I am looking a tax sale lot that is next to a house. I have already spoken with the person that owns the house and they want to buy the lot through me. I have done this before with success but this o...
Lisa K.
Detecting fake paystubs
What is the giveaway for fake paystubs? I am suspecting my applicants are using fake paystubs. Husband and wife both paystubs have the same template. He is a pastor and she is in marketing making 5k a month. Can't see...
Eric Landes
Airbnb reservation bots
We have been hosting strs over the past year with great success. This past week we have had over 5 inquiries on one property that were fake inquiries. Has anyone else had a problem with this? Looking for strategies...