Ben F.
Phoenix investment property
Is the market in Phoenix a good place to buy a property? My friend is moving for a job opportunity and wants to buy a house immediately. He is not sure if he will be there long term. Everything that I read in the p...
Yolanda Eccleston
Vacation Home as Long Term Rental Viability
It is always recommended when purchasing a vacation rental to ensure that it can be used as a long term rental in case regulations are changed. Do beach markets lend themselves to long term rentals? We are considering...
Bob Lowry
Landlord Insurance
Anyone familiar with "landlord insurance" that insures against loss of income due to vacancy or eviction?Heard about it on an investment webinar as being a feature they offered to protect the revenue stream of the inv...
Esther Thomas
Non deductible IRA -> converted to Self Directed Roth?
Hi, I don't even know if this is possible.
I do not qualify for a Roth IRA or a deductible IRA.
I believe I can open up a non deductible IRA and convert it over to a Roth and there is no income requirem...
James Sheppard
Wholesale Scripts - The Initial Pre-Screening
Good Afternoon Everyone,I wanted to know if anyone had any good prescreening scripts for that initial call from a direct mail.The direct mail campaign that I am doing is NOD and Absentee Owners and I am trying to make...
Jon A.
Can a landlord tall an applicant whether or not a neighborhood is good or bad?
It seems I remember reading on here somewhere that a property owner is not allowed to tell an applicant that a neighborhood is "good" or "bad" as the answer is relative and could be construed as misleading. We have a ...
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trying to understand bank's motivation for bid at auction
I've heard about banks bidding at auctions - would this only be for the sole purpose of raising the bid to try to cover their lien on the property? Otherwise, I don't understand why a bank would send an agent to the ...
Jake Andronico
House Hacking a "Tiny home"... What We Regret
In my opinion, house hacking is one of the most powerful strategies in RE. There are countless benefits, but there are typically also significant sacrifices. I have successfully house hacked 2 student rentals in Reno,...
David Rutledge
CPA specializing in short term rentals?
Hi everyone,My wife and I have shifted our business to acquiring short term rentals over the past few years. We have always used a traditional CPA but with 8 short term rentals and 3 long term traditional rentals we a...
Shelby Elder
Question on DSCR Ratio
I’m a newer investor and just did my first refi on a rental property. The numbers were tight to make it fit the DSCR ratio and even though I had an insurance guy picked out, my lender said it needed to be a little bit...