Hello,I am looking for an actual real investment strategy to expeditiously and dramatically increase my passive rental property volume. I can't work any more hours to quickly pay 20% down on homes repeatedly and if I...
Hi, I am fairly new to real estate investing, and very interested in growing my real estate portfolio. I purchased my first duplex in 2016 with an FHA loan and have lived there since. I am now under contract for my ...
Someone once told me that he "builds or purchases and repositions" at 75% of FMV. Then, after 3-12 months, he refinances at 100% FMV and they lend him 75% of the value, meaning that he got all, or most, of his money b...
Would you rent to a 35 year old attorney with 370,000 in total debt? (including 270,000 in student loans whose payments were supposed to start in June.) Person makes about 6000 month with a state job. Rent is 1600 a ...
Hot investment topic alert: Assumable mortgages and purchasing properties with one. An assumable mortgage is effectively a 'portable' loan. Instead of applying for a new mortgage the buyer takes over the sellers exist...
I have a lead on what seems to be a deal. I’d like to solve the current owners’ problem and hopefully create an opportunity for myself.Property:
Location: Tulsa, OklahomaType: Single familyBuilt: 1999Size: 2,675 SFLa...
So I Just listed to Postcast #272 and I learned the 1% Rule of thumb "If a property rents for 1% or close to what you pay for it more than likely has positive cash flow" Your thoughts ?
I was recently approved and received loan terms for a new construction SFR spec loan. I have experience with fix and flip but this is my first new construction project. The interest rate is 12.5%, which is understan...
I have several people that are more like acquaintances than close friends. For the folks that I know well, I have taken the luncheon approach to chat about private money. However for these acquaintance prospects, I...
Hi BP!I thought it would be a cool idea if everyone shared their best tip for managing their rental property. I'll start if off.My best property management tip is charging a 5% late fee when a tenant fails to make th...