I started off as a Police Officer at 22yrs old. While doing that I purchased my first home at 23yrs old. I bought a double home. Here in Cleveland that consists of an apartment on the bottom and an apartment above th...
When I find a promising multi-unit rental property, I usually assume that 50% of the gross rents is what I'll have after operating expenses to pay my mortgage. The listing sheets have a breakdown of the operating expe...
I have been an agent for 9 months and have been networking and trying to close my first deal with home buyers and sellers but I don't really feel it and I really am more interested working with investors instead. I am...
Anyone used/heard of this HML??? Just found them.
Check 'em out: http://www.dohardmoney.com
They will go 100% LTP (loan to purchase), provide POF, backend their orig. fee and loan payments, etc.
They sound like a s...
Hello,So I'm still very much a newbie and this is probably a newbie question. I don't mean to offend anyone but I figured I'd atleast ask Why do Guru's or the Experienced Investors waste there time with Investor clubs...
How can I estimate rental costs on a MLS listing from my computer? I am looking to begin my first flip in the next 2/3 months...is it okay to see fixer upper appear in my market and just make an offer of what I “think...
One of my friends who has had to listen to my incessant ranting about REI had a question for me the other day, and I felt sheepish that I had no idea how to answer him. My plans are largely centered around SFH buy and...
My wife and I are approved for a VA loan to owner occupy a property up to $500k but I am losing out to all cash offers. Work history is over 3 years on my job, 10 on hers for the same doctor, my credit score is a 720 ...
I was cleaning out the basement of one of our rentals...
I saw something stuck in a corner behind a bolted on rack of shelves. I couldn't quite get to it and had to unbolt the whole unit from the wall. Worth it.
Unc...
I hear the words “Cap Rate “ a lot. What is a cap rate and why re they important? Is it something added onto a loan interest rate or maybe equity in a property? What is a good cap rate?