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Our son and daughter-in-law are currently living in a paid-for trailer in Ft. Worth, TX but they are getting eaten alive by land rental, taxes, utilities, etc. Their roof is in need of an expensive repair and I think...
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As a 16 year old (1999) I read “Rich Dad Poor Dad”. This set a foundation for how to think and I would ever circumvent the pre designated terms of life that the industrial revolution and its subsequent employment/reti...
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Is anyone else seeing a weakening in the rental market? I have vacancies on the rise and new tenants seem to be few and far between. I know several markets have been experiencing this for some time, but our market i...
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Okay, so I'm still researching a few things and considering my options before I proceed to look at houses. I am a teacher and qualify for a HUD home which means that I can presumably purchase a $200,000 home for 50% o...
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Hi everyone,
This is my first post here, so I apologize if I've done anything incorrectly. One of my goals this year is to learn everything I can about real-estate, especially using it for passive income. I've been l...
I highly doubt credit and background checks are outdated, for if anything, they are continuously competitive and streamlined hot tool commodities.Perhaps the 3X Rent = Minimum Monthly Salary qualifier is outdated?Firs...
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Hi everyone,
I have been looking and learning on the forum for about 5 months now and came across what seems to me like a pretty good start to my real estate business. I currently live with my parents in Illi...
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Long story short, I am trying to run scenarios for purchasing my moms home from her and renting it back to her. Her current mortgage is 200k but she could probably sell as is for 325-350k. It could use a lot of updati...
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Hi there,I'm in the Metro Atlanta area. I've been looking to pull the trigger on an investment property for two years. At first, I was going to buy my parents a house near me but it's too expensive and competitive in ...
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I am considering 3 options to finance my first deal below. I would appreciate any and all ideas/feedback from this excellent forum. Thank you.First some specifics on the deal: This is my first deal. Long on resear...