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After talking to a few potential lenders, it looks like they all require a $50,000 minimum property value for it to be eligible for financing. So we had to move upmarket (such as it is) in North County!
Inste...
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I currently have no salary to show mortgage companies cash flow to get a mortgage approved. I don't want to have to spend $250k cash on a house to use as a short term rental because I want to have multiple projects ru...
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I thought I'd share my approach and strategy to buying foreclosures that has served me pretty well.Foreclosures – Assessing ValueWhen you buy a foreclosure, not only are you assuming liens on the property, but you’re ...
Hey everyone, I'm trying to choose which market to invest in (I'll be doing long distance investing) and I've narrowed it down to a few options I think would be a good choice. I've got around $40,000 to use for a down...
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I have been interested in real estate for many years. My problem is, my partner is not. To be honest, she does not like the idea of it at all. This year we decided we would look to buy a property as we had saved up en...
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I have a tenant with 2 certified service animals (dogs). The dogs recently chewed my central air compressor resulting in a repair for which I told the tenant they were responsible. Then a second chewing. And now a thi...
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So I paid my money for the very basic course with Fortune Builders and it is packed full of great information covering the basics. I tried to find anything that would help on what I walked into, but to no avail. I l...
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My tenants called today informing me they are breaking their lease and moving out. They moved in around February of this year. I had the rental professional sprayed before move in. A 3 or so weeks after they told m...
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Over a year ago, I was living in San Diego, California thinking about my next move to earn "passive income" with. I threw a dart at a map. Just kidding! After much thought and research (about 3 months of contempla...