I've had the idea for about 6 years to start flipping houses, with the goal of owning a couple of rental properties. Two years ago I actually quit my job and moved somewhere that had a good market (at the time) and t...
Hey Folks, I'm sure the answer varies by market and experience, but I wanted to see what advice some of you may have when considering professional management and STR. Here is the situation: I am purchasing a 2BR/2BA c...
I am tired of rookies coming on this site and talking about wholesaling and wasting seller's time by locking property without a means or plan to close other than I'm going to flip it but need to get my "buyer's list t...
Hi All,
I read somewhere a good rule of thumb is a 30% equity purchase price. I guess the idea is that after closing costs and other potential fees there would still be enough left over to be a good deal. (I guess th...
I hear many lenders require the borrower to pre sign a quit Claim deed when they fund the loan.. with the proviso if the loan goes 30 days delinquent that the lender will just file the QC and wipe out the borrower wi...
Hello everyone
My name is Jake and I am primarily looking for help as how to invest successfully and manage property whilst living outside of the US. I recently found this site through a RE book and have so far been ...
Hi BP!Just wanted to share a recent success story of my girlfriend in negotiating. I recently read Never Split the Difference by Chris Voss on the recommendation of a member. Instantly top 10 book for me as far as pri...
Got an email today from my PM stating that one of my tenants has been deported... how does this even happen? lol. Is this something that should have been caught during screening? Tenant was 2 months into their lease.....
I would like to have my sister and brother-in-law purchase a house as their primary residence then appropriate the property for myself in the future. I will be funding the 10% downpayment and any repairs needed since...
What's up everybody!My methods usually work but I have one tenant that thinks his place is clean and that it doesn't smell horrible.What have you done to encourage a tenant to keep his/her place clean without insultin...