What are the minimum standards you set for tenants applying for your rental properties? Obviously following fare housing laws. For my area it is a lower income area. Not the best part of town.
Hello everyone, this is my first post on the site here. I have been investing in RE for about 10 years and have just gotten started with Tax deeds. My question is this:A property was sold for taxes just under a year...
Hey guys I’m 23 , licensed real estate agent and want to be an investor , please don’t look to much into my question if it makes no sense as I am new and just want some quick insight . I started reading books about fo...
I am trying to determine two things: Which app is best for helping me manage the financial aspect of my RE Portfolio (I currently own 30 doors, mostly 2-4 unit multifamily). I am not the most organized person and wa...
In a handful of states including Washington there is a tax that must be paid for the privilege of selling a real property. In Washington State the tax is 1.78% of the sale price.
I have done many sandwich lease de...
I'm selling one of my properties in Cincinnati, Ohio. This guy is putting down a 30% down payment and will finance the rest through me. I was planning on doing 2-3 years at 12-15% interest. Is that the normal owner-fi...
I was reading one of the trending posts this morning where a user was discussing unfortunate circumstances where they were taken advantage of by somebody she lent money to. Unfortunately, it looks like that forum is t...
I recently listened to the audiobook, "Work the System," recommended by @Andy Kaufman at our last meetup, and it gave me some great ideas about setting up more well-defined and documented processes and systems ...
I’m asking because I have a deal. The owner says we will go to a notary and get the lease option contract motorized. Though since I’m wholesaling it, I thought it needed to go to a attorney in order for it to be close...
What extra precautions would you consider now when buying SFHs for buy/hold? We have a deal of 13 SFHs with a 30% ROI after taking the following allocations: - 21% towards repairs/vacancy/capex,- Paying taxes and insu...