Evan M.
Negotiating Advice for Newbies
Wondering if someone can give some newbies advice. We are looking at making our first purchase of a single-family home rental property out of state. The particular home is $200 K and we could supply 20% down. We just ...
Annette A.
swimming up river against the crowd- negative people surround me
Some days i wake up and have to encourage myself in my goal; I must admit i have lost some of the omph' but i am continuing to plug away to accomplish this goal. (some days every body around is so negative its hard no...
Jonathan Perez
Traits of a property manager?
What would you say are traits of a good property manager? What about a bad one?
John Thedford
Got VERY Bad Feedback When Asking About A Potential Borrower
I have a potential borrower asking for a HML. Our good friend and mentor Jay Hinrichs suggested using the 3 C's for underwriting: character of the borrower, capacity to repay the loan, and of course, the collateral.He...
Kevin Kim
2022 Tax file question for Rental Property Depreciation
HelloI have 3 rental properties and want to double check for depreciation best practices.Rental 1 Net income : -13,500 (Due to a lot of repair/renovation)Rental 2 Net income : 6,000Rental 3: 3,000So i thought, I don't...
Leslie Smith
Should I sign a lease with boyfriend
I’ve been with my boyfriend for 1.5 years. I was living on my own and was on a month to month basis at my apartment. After I got laid off from my job, he asked me to Move in with him because he was coming to a point w...
Kai Ponte
Do You Focus on One Area or Spread Out?
I have been browsing MLS and owner listings for various areas to gauge where to make my first purchase. I've also read David Greene's book on the subject twice. One thing I thought of on the way home from work today. ...
John Thedford
What Would Negative Interest Rates Means For The US, And To Us
Some countries now have negative interest rates. Today Yellin was talking about the possibility of negative interest rates for the US. What would this mean for the US, and for RE investors? This is a BAD sign and sign...
Henri Meli
Would you use your tenant as your lender?
I own a commercial building and one of my tenant is a local commercial bank. They occupy about 10% of my total space. They are also the major anchor to my building, as their large signage is on top of my building. The...
Alton Williams
When family and business don't mix!
Greetings to all, I'm curious as to your thoughts on mixing real estate investing with family. I'm currently working on some things with my father and at times it seems like the best idea and other times not so muc...