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How do you calculate debt to income ratio when you have rental property? Are we using gross rental incomes or net? I own two 3-unit buildings in the Chicago area and live in one of the units. Total gross rental income...
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I am well above the average DIYer in skill, and was mostly through a home-inspection course before career change, so I know a great deal about most things in a home, except for wells/septic.
I am looking at a...
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Hello,I was hoping to get some advice on whether this was doable. Interested in purchasing a property-single family home or condo in Florida or Texas along the gulf coast around the $500k-$600k range. Planning to rent...
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Hi All,I ask mainly out of curiosity and because I *may* be getting married soon (yay). What happens to investment rental properties and investment brokerages in my name only both before and during a marriage in the c...
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Just can't help myself on this one. Article out of Chicago today and front page here in Ft Myers . Fl. You've probably noticed all the fat kids walking around these days. I know why!! Food stamps.
12% of kids in my...
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I work with a residential home builder and have found it strange that I hardly ever get investors coming through the door. Whats the general consensus on buying new-builds as investment properties? The way I see it,...
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I'm looking at a bank owned property and was curious if it would be better to use the listing agent as my buyer's agent, since I don't already have one.
I don't know if they would try to sell my offer to th...
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We just bought our first cash-flow investment property out of state. We live in CA. We are interested in setting up an LLC, but have heard conflicting information as to where it should be.
We have been advised to se...
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I know showing thanks to clients with a closing gift is a traditional way many real estate professionals seal up a transaction. A closing gift not only serves as a special treat to your home buyers and sellers, but it...
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I own a LTR in central Houston that I think would be pretty successful as an STR based on the AirDNA data. I also am very interested in purchasing more STRs, and this is a really low risk way to see if I'm up for it ...