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One of my yellow letters went to an owner where it's listed w/ an agent (he called me). The sellers want what the house comps for, let's say $100K. There's a buyer already in the house buying on land contract that d...
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I have an LLC already, for a separate, future venture, and my wife has a DBA for her teething jewelery business under our LLC. We're about to move out of our primary residence and use it as a rental. I plan on continu...
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Not sure why this is such a difficult question. I’ve heard different things from different people. I’ve spoken with both DSCR lenders and conventional lenders. No one seems 100% sure. I’ve heard everything from ye...
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My wife and I have been slowly but surely acquiring some properties over the past several years. And I'll be the first to tell you we have next to no real education on the matter. We just kind of picked up the places ...
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Hi all,I’ll keep this to the point as I’m sure there’s millions of posts like this.My situation: Soon to be college grad (May 22), chemical engineering job making 75K before taxes. 0 debt, 720+ credit score, and about...
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I'm about to go into escrow on my next rental property, which is a 3 bdrm 2 bath. A photo of one of the baths is attached.
[img]http://www.flickr.com/photos/90299295@N02/8205100041/in/photostream[/img]
Since this i...
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I was having a conversation with a partner on some of his SFR properties in regard to depreciation strategy. He owns three SFR with a monthly cash flow of ~$2600. Two of the properties are paid off and one has a mortg...
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Hey, Eric Medemar here. After getting hundreds of questions asking “What do I say to investorsâ€, I put this little guide together to help you out. On this first page you will find what looks to be about a 30 sec...
Considering buying a short term rental - wanted to know if anyone here has had any experiences, good, bad, ugly? The financials look pretty sound to me. HOA's are high, but overall seems like a good bet on the outs...
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Hello everyone,
I'm interested in buying a home to live in that I see on auction.com. I have tried looking on the market but nothing really suits me ...but this property is exactly what I am looking for.I do und...