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For those of you who actively choose to invest in high crime areas, what do you make sure to factor into your numbers? -higher vacancy-higher possibility of turnover -hiring a property management company with skill an...
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I saw an interesting interview on CNBC today of Colony Capital CEO Tom Barrack whose firm has $34 billion under management. He spoke about the many changes in housing but touched on a real interesting point. He compar...
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Yes I know this topic has been discussed many times. However I am accumulating more properties and I need to make a commitment to either forming an LLC or just staying a sole proprietor. I have heard and read that l...
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Fannie Mae is increasing the DTI to 50% starting July 29th. America's largest mortgage lender is making it easier to buy their first home.
In the last housing bubble, just about anyone with a pulse was approved for ...
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I am looking for some tips, advice, insight whatever, on a problem that my company is facing. We use the houseflippingspreadsheet to keep track of individual projects, which is great, but does not give any sort of com...
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I have a tenant who came by way of a temporary housing agency. Their son burned their house and the insurance company moved them into a hotel. The temp housing agency found my rental through Zillow and contacted me. I...
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Good evening BP,I work full time as a teacher, part time as a behavioral therapist and I am a church musician. I’m trying to 10X my income to buy more properties. Furthermore, I’m married with 5 children under 5 years...
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In the last few months, I have met a few retiring landlords who were looking to unload their properties. When I looked at the properties, I was really surprised at just how junky they were. They were a bunch of ...
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Is it possible to have a business that connects buyers to sellers and sellers to buyers, and in the process charge a "finders" fee?
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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 ...