Brien OConnor
Am I Spending Too Much to Rehab a Buy and Hold Property?
OK, so we bought our first property in May. A 1930s or so craftsman house. It has character and hardwood floors throughout. We paid $77K, 25% down. We ended up with about $27K in rehab. The place looks great. Ne...
Alba Alamillo
Nervous about buying a house with tenants
Hi everybody, I have been looking to buy a fixer-upper to remodel and flip.My realtor has a listing from a lady whose husband died in February, she wants to get rid of their 3 properties and told the firm to please ha...
Adam Shelley
Unnecessary service calls? What to do?
Hello! A tenant texted me and said the electrical outlets in her walls were making a "clicking noise." She included a screen-shot from her phone that said clicking sounds from an outlet could be faulty wiring and were...
Corey Dutton
What Does FICO Really Mean? Will FICO Credit Reporting Software Have to Be Overhauled in the New Economy
Many people don’t know that FICO is a company that provides a credit reporting software that is widely used. With so many people having major credit issues as a result of the financial crisis, the FICO credit reportin...
Cody L.
My biggest deal - allow me to brag a little bit
I don't talk much about my deals specifically but I just closed on my largest one. 360+ unit multifamily in an "A" area of inner loop Houston. Ended up with a 75% LTV loan, 3.8% fixed for 7 years.
Pushed me over th...
Sherman Dunn
Dealbreaker Flood Insurance ?
At what point does flood insurance become a dealbreaker for you? -$25 cash flow a door? $50? Looking at a deal where the insurance on the building and flood insurance are identical, doubling that cost of insurance per...
Tom McMahon
Irrevocable Trust Question
Hi guys, first post here. Site has been great so far. Here is my situation:In September of 2014 my parents made me the beneficiary and Trustee of an Irrevocable Trust. We put their house, which would sell for roughly ...
Alex Jean Baptiste
Hey look another market crash post!
There's post after post referring to the economic downturn so I'm sure this is getting old. My question is how does each type of investor get affected by the pending market correction? (I.e. Wholesalers v flippers v b...
Allende Hernandez
Need suggestions on how to handle utility costs for house with "efficiencies"
Good afternoon fellow investors,I just closed on my first rental property, which consists of a main house with 3 attached smaller units (efficiencies) - this is very normal in this area- , everything is on one meter.T...
Jorden House-Hay
How We Chose a Long Distance BRRR Market
Why all the effort?
When my partner and I decided to start a real estate investment company at the beginning of 2020 we had most major questions answered.Our goal was to use the BRRRR strategy to buy single family ...