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Hey guys!! Rookie question here. Can someone give me a breakdown of the 50% rule using this example? I have already calculated it myself, I just want to be sure I am doing it correctly.
Purchase price- $75k
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Income: > $200,000 (gross) before bonuses; Credit: mid/high700 to 800; Rental History: Great, references available. Clean background. No pets, no smoking. Quiet, clean, responsible. So are the people I tend to be a...
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How do you manage snow removal and expectations?By far, this is my biggest headache as a landlord. We’re on our second snow removal company and neither have been great, but it is so hard finding someone who is insured...
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By sheer force I've learned the hard way where you can, cannot and should consider purchasing a permittable vacation rental on the Oregon Coast. Partially by circumstance, albeit those that I created, I will confident...
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Okay, I need some help! As most of you know, I'm no techie type. I'm considering getting with it and getting a smart phone.
My interests would be to hook it to my laptop or notebook and get on the internet to harrass...
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Hello All,I've been doing a ton of research on the 2008 market crash. I feel like I've garnered a strong understanding of what happened and why, however there is one thing I feel I am missing. What steps could a sma...
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I'm a first time investor and am scheduled to close on my first SFH April 3rd. I am buying the house for $37/sqft - others on the street have sold in same condition as it will be in post rehab for $75/sqftClass B/C -...
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Hello all,
A local landlord in my area has offered me an owner-financed portfolio and I am attempting to decide on moving forward with or running and would love your thoughts. I currently own 18 single-family ...
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I have two duplexes in Cleveland and the water/sewer bills are really crushing my cash flow. I looked into the hourly usage and can find patterns in what I'm confident are toilet flushes. I'm seeing 7.5 gallons per ...
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We are in the process of purchasing a 9 unit in South Carolina. Our agent took 10k as earnest money a week ago but just emailed me and said that he needs another 10k for earnest money because the law requires a broker...