Art T.
Debt to income ratio with investment property?
I understand that debt to income ratio is very important with the first property you buy, mine is comfortable 30 %. However, if looking to go into a 4-unit property as a second property, in my case it would raise my d...
Ryan Hardaway
Question to veteran wholesalers
hello, my name is Ryan and I am a new investor and I am in the wholesale business. Currently I am in the beginning stages of the process and have a few questions. First, how many houses can I expect or plan on buying...
Branden Drake
Best way to raise below market rents on newly purchased property?
Hello everyone. I am under contract on a duplex in a good area of Springfield, Ohio. Current rents are well below market @ $460 and $500 a side. The exterior of the property is in excellent shape but the interior does...
Amy E.
Violent Tenant and Neighbor Conflict
I've had several complaints from neighbors about one of my rentals in GA, which has a Section 8 tenant. The tenants pay rent on time and treat the property at the minimum acceptable level. They punched a hole in a d...
Marcus Auerbach
2018 proposed tax changes
2018 is comming up fast and Washington is debating a tax reform bill. I have not heard anything local from Milwaukee or Wisconsin State level, but I would be curious to hear comments on the proposed tax bill on a fede...
George Foster
General Contractors
As a general contractor here in the Chicago area. I want my fellow investors to remember when hiring a general contractor, included in the costs of completing your project he/she will charge overhead and profit. So fo...
Felipe Regueira
Is wholesaling unethical?
I have been grappling with a question in the back of my mind that I'd like to open for discussion here. The question is wether wholesaling is unethical or not? I know that it is legal, but my question lies in wether ...
Minh Le
Investment opportunities in Beaumont, TX
Hello all,Since the Houston market is ultra-competitive these days, I would like to look outside the city and Beaumont, TX came on my radar. I looked at threads pertaining to the Beaumont, and they seem to have a favo...
Lyle Cooper
Real estate professional qualification
The real estate professional rule states:"A taxpayer will be considered a real estate professional if (1) more than one-half of the total personal services the taxpayer performs in trades or businesses are performed i...
Kevin G.
Would you flip a house with interior fire damage?
Currently, my business partner and I are looking to put an offer on a single-family home for a house flip. The house is listed for $230k, and we plan to offer $235k. The potential after-repair value (ARV) for the prop...