Jake Thornhill
New Member from Greensboro, North Carolina
Hey everyone! My name is Jake and I am so excited to start engaging more with this community and with real estate. Just to offer a bit of my story... About a year ago I was exposed to the world of real estate and b...
Jason Merchey
Fear of Failure - How Do You Deal?
It has taken me this long to get to Ken McElroy's seminal book, The ABCs of Real Estate Investing. I'm late to the party, I think! But as they say, slow and steady wins the race!Here is a good quote, taken from pp. 14...
Mike Knowles
Seeking thoughts on potential deal
I'm looking at a 2/1.1 SFH on the southside of Chicago. The neighborhood is a warzone, but this particular street seems better than average. It's close to a park, the train and a school. Both neighbors take care of...
Cheryl C.
Reo with tenant who paid rent in advance
I know (or believe) that there are laws in place to protect a tenant's lease in the event of foreclosure. I looked at a property today that is being auctioned online. The tenant told me that she paid her landlord 6 ...
Chris Vasquez
50% rule...? PI vs PITI
Rookie question here. 1.When financing a rental property. Do you favor Principal+Interest or PITI included together in your payments when the mortgage is set up.
2. Using PITI. Why wouldn't you figure in the tax and ...
Ali Samana
Debt Reversal by Robert Allen
Hi,
I have only read one book for Robert Allen (the one minute millionaire) and was searching for something else from him when I ran into an infomercial about "Debt Reversals" by Robert Allen. Its only 20 bucks, but...
Account Closed
What areas do you like?
I am an out of state investor. Just bought a couple investment properties in Memphis. One rented, waiting on the second.
What are some other good relative...
Mary Wilson
Best place for buy and hold - Washington or elsewhere?
Hi everyone,We live in Everett, WA and are looking to start investing. It's almost impossible to find anything within 2 hours any direction that meets the 2% rule. Fixer uppers are all well over $100K, which we can ...
Craig Hansen
Gutted Home, Heating Options
I purchased a home that was gutted and now I am in a the beginning stages on getting my prices for insulation and heating. The property is located in Connecticut where our winters can last 3-4 months. The house is:1,...
Noel Dixon
Dealing with non paying tenant
How do u deal with a deadbeat tenant who's using covid-19 as a cover. Tried talking with him and the money is always coming. Got a property manager company who is doing the eviction they spoke with him suppose to be o...