Michael M.
Heloc on Heloc on Heloc forever?
I just took out a HELOC to use as a down payment an investment property. My monthly payments will be low (interest only for 10 year draw period), so shouldn't really affect my debt to income ratio much.Once I buy the...
Adam Zach
How Many RE Investors are Engineers?
Is it just me or are about 25% of all real estate investors, also engineers? As an Engineer myself I could be biased but curious if anyone has insight. I know folks usually have professional background like IT, accoun...
Lisa Casey
Entitled Tenants from hell....but my mistake for being "nice"
I have a small house on 18 acres. We have rented it out 5 times with no complaints. In the last 4 years we we have totally renovated it adding a sun room, new HVAC, electrical, plumbing, and refinishing floors, ref...
Matt Donley
How the deposit affects cash flow
I hear so much about how important it is to have positive cash flow when analyzing a property to buy and hold. What I don't hear is how the deposit you put down on a property affects the cash flow (by directly affecti...
Jack B.
Tenant said he'd be naked when I'm doing tours for new tenants
They gave notice of move out end of March. I've had two showings in about 1.5 weeks. Usually I do an open house in summers but it's slim pickings and waiting for enough people to justify an open house is not feasible,...
Peter Schuyler
Buying house for Child to help with In State Tuition Costs
My REI lawyer on BP said this might work, I wanted to get some feedback.My daughter will be attending a University in a different state next fallWe buy a small house for her this year, and put the title in her name in...
Account Closed
Holton-Wise Group Reviews?
Hi everyone,I am looking at some turnkey providers and would like to know about you guys' personal experiences. They do have a big inventory and they do provide a vast variety of properties. They do charge markups on ...
Shawn Crawley
Seller financing rules
Upon my reasearch I came to the conclusion that a seller thats using seller financing can only do 3 a year according to Dodd-frank rule. If this is correct is it also rules limiting the number a buyer can buy using se...
Mike Wallace
Just picked up a Condo for $14k
700 sqft 2 bed 1 bath, full unfinished basement.
Needs new water heater, furnace, central out unit, new carpet.
Everything else seems to be in great condition.
Under 4k in updates to get it rent r...
N/A N/A
Offer price in a buyer's market
We're newbies...go easy! :D
We're about to buy our first investment property, a duplex with excellent income. It has been on the market for 200+ days.
We're making an offer soon. Is there a rule-of-thumb for t...