Arthur E.
How much should I pay my agent for an off market deal?
I'm going to sell my duplex in Michigan to one of the tenants that has been living there for 6 years. I've only owned the property for 6 months. This is going to be an off market deal. The tenant and I have come to ...
Kathryn C.
If you had $1 million to invest in RE, how would you invest it in the current market?
I ask because one of our partners is meeting with a capital investor that has $1 million he is looking to deploy in some type of RE investment. The investor is a developer but can't find any suitable development proj...
Pyrrha Rivers
Analysis help, please.
Please help me look at this deal. I am getting really close to my first purchase. Have been learning all I can here, but feel nervous about my interpretation of how to analyze a deal and I know many of you can do i...
Simon Ghandil
Rental #1 Purchased Today
Closed on it today, it's a 2 bed 1 bath in Portsmouth, VA. Purchased it for $30,000, after closing costs it was $31,650.15. Planning on placing a tenant buyer in there for $975 a month. Taxes and insurance will set me...
Christopher Perez
Real Estate & Lending Go Hand and Hand..same language not so much
Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
Natalie Schanne
Help!!! My spouse doesn't want to house hack and I REALLY do!
What's your advice for convincing your spouse to get interested in House Hacking?I love Scott Trench's Set for Life House Hacking mindset. Since 2009, I've owned a foreclosure-rehab turned house hack (5 BR 3 BA). I li...
Tom Stern
I own rental properties & want to increase cash flow - Does my plan makes sense?
I own four rental properties in FL, managed remotely by a management company. All of them were bought in cash. Total worth is around $850k - $900k. My original goal was to generate enough cash flow so I can buy a hous...
Scott E.
THIS is where AI is going to change the game for real estate investors
While I've been having fun following the AI craze over the past several months, I've have had a hard time seeing where AI might disrupt the real estate industry... but it just clicked.
Here's my prediction - Over the...
Scott Trench
Is it just me or is pulling a Tenant's CREDIT Score Harder than Ever?
I just started managing one of my rental units after a several year hiatus (it was managed via a property manager during the interim).
I'm screening applicants for a vacancy, and I noticed something odd. I pulled wh...
Jennifer H.
Should you rent to a tenant who filed Chapter 13 Bankruptcy one year ago?
What are your thoughts to renting to a tenant who went under Chapter 13 bankruptcy? Tenant that applied has a very low credit score of 545 and is under Chapter 13 bankruptcy. Credit check reported bankruptcy on ...