Chris Adams
Bank is offering me a guidance line for rental properties
I recently took on a 2nd bank to fund my buy and hold investments in SFR's. In my first meeting with the banker, I explained I had 1 home I was looking to finance that I owned outright, and I explained my plans to ...
Joshua B.
The road to my first flip in Plymouth, Michigan (with pictures!)
After getting my bachelor's degree in philosophy in 2007, I wasn't quite sure what I wanted to do. So, I did what many people with a philosophy degree do - I went to law school!* As fate would have it, right around th...
Gabriel DeSantis
opinion on craigslist response
I finally listed my house for rent on craigslist and got a couple of responses. There is one that seems a little off to me. I don't really want to give anyone my address until I have some information on them and know ...
Jackson Sandland
How do you assess value of a rental property based on cash flow?
I'm wondering how the sale price of a property is affected by the rental history cash flow.If my property generates $50k / year, how much value does that add to the list price of the property?Happy to fill in any requ...
Daniel E.
Borrower fighting foreclosure: what to expect
At approximately 1 week before foreclosure judgment, borrower entered a 30 day extension to answer complaint. My question is, what is the typical route here? My guess is that 90% of the time this is just a stalling ta...
William Orrock
Assist Protection, Insurence isn’t enough?
I went to an investor meet up and we met with a lawyer who was telling us that regular Insurence is not enough. He said that you want to have an LLC to protect your assets in case something was to happen related or n...
Billy Smith
Does you sign say for leases or rent?
This is a simply question, I had an owner who I am helping rent his house.The house was overpriced from the get go. I kept telling him that he keeps lower it just a tad at a time,So now he is grasping at straws why th...
Adrian Buck
Lakewood/Tacoma, WA 1st deal help
My question is primarily directed toward those who are familiar with or who invest in the south Sound area around JBLM. I'm looking to buy my first buy and hold rental, but only have $15k to get started. I've noticed ...
Brian Adams
Created $4+ million in equity in 15 months - lenders are a pain
In July 2014 I bought a 200+ unit off market deal for $6 million that appraised for $7.4 million at day of purchase in Dallas, TX.The deal was a re-positioning/value add play - meaning I had to clear out the "bad appl...
Aaron P.
Direct mail composition
I am having a bit of trouble deciding on what to put on my mailers. Should I put "I buy houses." Because that seems a bit too rash. I've heard that others do this on the podcast and clearly they have had success. But ...