Teren Cooley
Selling a rehab project...quickly
Hi everyone,So I’m a pretty new investor and I just closed on a property that needs major renovations. Floors, drywall, electric, roof, maybe plumbing, but I’m no expert and can not evaluate these things myself. I do ...
Tony Wallis
Quick Method to dismiss or look into rental property
I am looking for input on methods being used to quickly qualify or disqualify properties. Spending a lot of time running numbers and wanted input from the community on what key metrics are being used to evaluate a pro...
Rob K.
New furnace regulations - applies to all of us in the Northern United States
http://gilsonusa.com/sites/all/themes/gilson/pdf/ACCA-Northerners-ReplaceFurnace1.pdf
My furnace guy called me about this today. I hadn't heard this before. Any furnace installed after May 1, 2013 needs to be at leas...
Rachel H.
Preserving Access to Manufactured Housing Act
Great news everyone!
http://www.housingwire.com/news/2013/04/26/lawmakers-fight-save-financing-manufactured-homes
p.s. For those who support this bill, here's a link if you'd like to write your representatives: htt...
Sarah McCluskey
Good cash flow, cap rate & CoC return - top of market price
There have been many discussions about this being a sellers market, and prices are high.In my market (between Chicago and Milwaukee), prices are high, but many of the properties still would cash flow well.When I run t...
Victor Quan
How do banks verify owner occupancy?
I'm curious what the experiences other investors have had when it comes to banks verifying owner occupancy. I have a friend who said that they never checked but I'm curious if anyone has had any experience (good and ...
Ismail Sogbaike
When door knocking what should my introduction be like
As I’m beginning to wholesale I’m trying door knocking for the first time this week, but I’m confused on what to say to the seller.
Justin Jolliffe
The fastest way to eliminate PMI?
I'll cut straight to the point:I am purchasing a 3 family to house hack and I want to get rid of PMI as soon as possible. Here are the numbers.Purchase Price: $335,000Gross Income $3600.I have the money to put down 3...
Bethany Phillips
Tenants Want Reimbursement for Broken Washer
Hello, I was made aware by one of my tenants that the washer was broken on sept 14. I called my handyman immediately, who was able to get there two days later to take a look at which point he informed me it was out of...
Jan B.
REI in Canada = Not profitable? (BP #214)
Hi there -Just listened to podcast episode #214 of the podcast and was surprised by Joel Sherlocks statement that REI in Canada didn't made much sense for him/his company so they went to the US/Arizona instead..We're ...