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Howdy, Hope the detail proves to be helpful, I would appreciate all the helpful feedback I can get. Will be applying for my first mortgage loan in the next 5 months and want to ensure I am in the best position I can p...
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Hi guys,
I'm getting ready to list for rent for the first time and am curious about your rental application criteria for tenants? This is what I'm thinking. But honestly, it seems like it might be too cumbersome? I'm...
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https://agentresources.bankofamerica.com/weeklyeconomicsummary?newsid=4dcc5a5824103ef9a4101b783a738d02&id=535721#071902
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I have a contractor whom I met from a friend of a friend. He is a jack of all trades. This is the second house flip I hired him for. First one went about 30-45 days over what was expected. He is a one man show so I ge...
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I have an opportunity to buy a triplex in a small-ish town. The owner is 80 years old and just wants to retire from landlord duties. She owns it free and clear. The list price is $80K, but after doing the comps in ...
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Hey all! I'm trying to learn about real estate and have a pretty basic question:What are the differences in returns of privately owning a home and renting vs. investing the money in a real estate syndication. Are thes...
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Hello everyone my name is Will and I would like to say that I really like this forum and thank you for helping people who are just starting out or are thinking about starting like me.
Well, not long ago I was in a di...
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For long term rentals its the 1% rule (for me anyway).I've read that a good metric for STRs is whether a monthly mortgage payment equals a weeks worth of revenue.Which financial metric do you use to filter your list o...
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Remember when you first thought about investing in real estate? What kind of properties were you searching for? For most investors, the answer to this is probably Single Family Residences (SFR). Does is make sense to ...
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I just closed on my first rental property. I'm now in the process of finding a tenant. Being completely new to this, I've just done some reading, but still have some questions. Any advice on a couple things would b...