Alan Pederson
The last laugh. My 2 cents about investing.
My day job is for a paper company. I'm a salaried manager and I've been working here for 33 years. A few years ago me and my wife started buying rental property so we could retire a few years earlier than we normally ...
Gil Segev
Where to find cash flowing rentals in TX?
Hi all, I live in Austin and would love to invest closer to home after not so successful out of state investments. I chatted with several agents in Austin and San Antonio and it looks like finding positive cash flow i...
Will Bert
Need some advice/guidance
My younger brother lives in Virgina and rents a home. His credit is not good. So I was going to take money from my savings and home to purchase a home for $150k with 20% down. My plan is for him to pay me rent of $100...
Delmas Edwards
Investing in homes in MI
When looking for a lender that will fund your project what are the main things to look for or ask if you have a project like this?Sale Price: 34,900 Comps in Area: $60K- 70K Nice Neighborhood 2 beds2 baths1,053 ...
Randy Bearden
Are any lenders honoring the 90 day flip rule waiver?
We purchased our 3rd rehab property in the middle of October. Finished the rehab and put on the market in the middle of December. It went under contract Christmas Eve. The buyer's lender is backing out due to the prop...
Isabel Chaves
Is it me? My agents? Would truly appreciate feedback on rental
Hello BP members,I would love your feedback please: I have a rental unit that I listed with very promising agents, had the contract reviewed by my attorney - Yet something feels wrong.This is my second time leasing ou...
Tonia Hill
Do joint ventures and newbies mix? You just can't give people $50,000, if they don't see the value
I believe that all newbies are not alike, in fact we have all been there right? But what makes the difference between a successful, a dappler and just one you should run away from? I am going to vent on my experience ...
Lara Chinarro
Smartland in Ohio, and a month for a tenant turnover
Hello,Last year we bought our first investment property with Smartland based out of Cleveland Ohio. The purchase process was a good-responsive sales team and all fixes we requested after home inspection were addressed...
Ellie Narie
DTI ratio if you have no other debt?
Please explain DTI ratios to me. For example, USDA has a 29/41 DTI ratio. They say that your housing payment should be no more than 29% of your income and your total debt should be no more than 41% of your income. But...
Alex T.
Getting rid of semi-professional tenant in Massachusetts
A little over a year ago I bought a triplex in Chelsea with 2 tenants in place. I've poured a lot of money into repairs because previous landlord didn't take care of anything, then I put in a 3rd tenant. I've been luc...