David Nacco
Calculating your net worth
This is a stupid question but do you count things like cars, jewelry, watches, etc. towards net worth
Charles Davis
Worst Tenant ever need advice
Hello guys , I have a huge problem ( i mean huge) . Long story short ( Very long story ) i brought a home in Cleveland for 13K 2 family my first property . When i brought the home it was full with people living up and...
Yu L.
9% cash flow pot house, want your opinion
I have a deal which I structured owner financing in it, my plan is hold on to it and will either sell it at the end of the loan period or just keep it.
It is a SFR, ARV is ~ $450k, I am buying it at $461k. T...
Kenneth Garrett
Tenant Rules set by Landlord
I have a number of rental units where I use the MLS rental lease. I use this so I make sure I meet the state requirements. I do not have a list of guidelines and/or rules that the tenant signs other then what is in ...
Will E.
Why Are Real Estate Commissions So High?
In a competitive market, you would expect real estate commissions to get competed down between brokers. For reasons I don't understand, commissions stay high across all brokers at around 5% to 6% per deal. Can som...
Snehann Kapnadak
Indianapolis Vs. Memphis: Rental Market Showdown
Hello Everyone!I'm a first-time investor looking to invest in a buy-and-hold SFH that has stable cash-flow in an A to B- neighborhood (any appreciation would be a plus, of course!). I'm looking for properties in the 6...
Joshua Dorkin
Lending Horror Stories? Slow Closes? Share Them Here!
I've been dealing with a couple of property sales for the past few months and have horror stories to share! I won't get into all of the details, but in essence, in both sales, I've got HIGHLY qualified buyers with gr...
Nancy Roth
mortgage insurance for seller-financed property
I am about to sell an investment property to a tenant who got a settlement and can now afford a down payment. She is very eager to buy. I own the house free and clear, and would provide seller financing. This is the f...
Andrew Austin
Are We Headed Towards Another Housing Crash?
Background
Since the start of the Covid pandemic in March 2020, home prices are up a staggering 45% – according to the National Association of Realtors. Sellers have enjoyed a wildly imbalanced market for the past c...
John Rocker
No Mortgages for LLC's
I am a newbie and just established an LLC for the purpose of buying single family,duplexes and quads as buy and hold investments.
The mortgage broker just informed me that lenders will not finance a conventional mort...