Kimberly H.
Debt coverage ration (DCR), tax returns, and commerical loans
I understand that DCRs need to be 1.25 and above for commercial loans, but what source do lenders use to compute those numbers? Tax returns? Just most recent or 2 years worth? Do they ignore depreciation as it appears...
Jordan James
What to pay attention to, once you start...
So I'm putting together a plan. I have a solid name picked out for an LLC, I'm getting a new cell phone specifically for business calls, and I'll put that on my soon-to-come business cards. I have a big plan to pick u...
Josh Oaten
Did Your Properties Withstand The GFC
I am interested to hear some first hand insight from those of you who owned small apartments (3 - 10 units) or large apartments (100+) during the 2008-12 financial crash. I would like to hear about the major issues or...
Sam Trulli
21yr Old...$220k in cash, don’t know where to start.
Hello everyone,I’m 21 years old and currently live with my parents here in New Jersey. I have my associates degree and work a seasonal Restaurant Job making $30k a summer. I also have my Real estate license but I’ve c...
Jered Sturm
Tricky Tax question on sale of primary residence.
So I will begin by saying I have already spoke with my CPA regarding this. I am here for second opinions from other wise investors and CPAs. I purchased a home 9 months ago to live in with my wife. Shortly after I bou...
Jeremy Martin
Clueless Newbies With Big Head Start
Hello,I was hoping you guys could provide me a few tips based on the unique situation I'm in. For the past couple years I've wanted to start building passive income, and I'm very interested in real estate. I just hit ...
Matt Davis
Offer accepted on a great deal, but there's lead paint AND kids
I’m in an interesting situation with a deal and looking for some advice. We got an offer accepted on a great off market 6 family in Massachusetts.We’ve discovered that there are children under 6 living there AND confi...
Jacob Brattain
Filling Out and Turning a Medium Sized Park in a Small Town
Hello All,I'm going to look at an out of state mobile home park this weekend that I know is in pretty bad shape and only about 1/3 full. I have SFHs and a few small apartment complexes, but this would be a first for ...
Becky Shuta
Total Newbie from Lubbock, Texas (Soon to be Real Estate Agent)
Hi everybody!, my name is Becky and I am so new the ink is not even on the license as of yet. I am set to take my Texas State Exam test to become a Real Estate Agent Wed. the 23rd at 9am. I am so looking forward to ...
James M.
Help With Order of Operations: Texas Landlord
Hello!I acquired my first home that I will be renting out in San Antonio, hopefully as soon as possible. I was hoping someone could assist me with the order of operations and tips on late rent and eviction process.I h...