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When doing a subject to deal, what does investor look for in terms of equity spread, or as long as the rental income to monthly payment spread is big enough? I have a subject to deal in the making, but the wholesaler ...
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I thought I would post the link to my most recent blog article here. It includes a VERY brief (and entirely incomplete) description of what it takes to be successful in real estate. It also links to a case study deta...
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I am looking for advice on approaching lenders that will finance deals under $50K in Louisiana? I am willing to due a 5-10 year loan term with up to 30 % down. Can anyone lead me in the right direction or have recomme...
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Looking into starting a career in flipping houses... I know there are many ways to get started but what do you recommend as the best way to fund my new venture?
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Hello all,
I am in the process of buying a few rental properties and am interested in hiring a property management company. My day job requires extensive travel and unfortunately managing the properties myself is no...
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Help me make a comprehensive list of all the tax benefits of owning rental real estate!So far I have:-Depreciation =deduct home price (divided by 27.5) from your income, rental for active income-Rental income is taxed...
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I was initially pleasantly surprised when I looked at the prices and gross rental revenues in Gatlinburg, TN for vacation rental properties. 20% ratios of rent/ asking price are not uncommon. When I dug deeper, I fo...
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Hey guys,I found a 1500 sf 4/2.5 condo in a good neighborhood that I feel might be a good deal. Here's what I have:Price: $89,900Rent: ~$1500Estimated Rehab:$5,000 (I believe this to be higher than what it needs): alr...
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I'm currently deployed overseas and I wanna rent my home out for passive income. I also would needto find a reliable PM in the area, and a good tenant screening platform. Are there any landlords (previous landlords) w...
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Hey folks,
Here's the scenario, I've got some friends that want to buy a condo on Pensacola Beach as a short term rental, but they don't have any real estate experience and they want to bring me in on the deal to man...