Had a tenant apply. Qualified on income and checks every box. Filled out all forms properly, and communicates very well. Has an eviction on record 6.5 years ago. If they applied 6 mo from now it would have not even sh...
I am starting with my first rental. I have put my home on the market, doing showings. I am wondering how I can spot an aggressive person. I am looking for someone that can be nice to deal with or at least have a stake...
Hi, I want to run some numbers by you, and see if my purchase would make sense. I live in NYC so I`m trying to be creative with my approach. I will be managing this property on my own, and do fixes on my own. Here you...
That is the question.
For many people starting out who are interested in becoming RE investors, the question is always, what educational program should I choose and should I spend that money or learn on my own.
That ...
Hi all,
My Realtor found a great rental that she was going to buy but doesn't want to stretch herself too thin and told me about it. I would be a newbie at this and have no moola. Would it be a good idea to use hard m...
I am currently rehabbing homes in the New Orleans market and have done so for several years. Our typical rehab is an historic home renovated from the studs out and will sell for between $200-400K. Gross sales in 2013 ...
Some background before I post - I am a tax guy - started at Ernst & Young in 1993 and have been in the tax business since. My full time day job is to argue with tax auditors.I have a situation that I'm curious ho...
My Mom has been trying to buy a home in Orlando FL for some time without success. She had a buyer's agent, but kept missing out to "in-house" offers. I've purchased several homes elsewhere and always had better luck w...
Let me preface this by saying one thing: I don't want to get a million dollar loan right now, but I do want to get a million dollar loan the next time the real estate market corrects itself.That being said, I've decid...
So recently closed on my first buy and hold rental property. I have seen a bunch of conflicting information on what to do with regards to protecting myself. A couple resources suggest putting the house into a "trust...