Alex Heidenreich
What Metric is your "Go-To" at-a-glance analysis for deals?
I typically look for the 1% rule based on ARV and an all-in investment of less than 75% ARV. Those are the most important metrics to me. What about you?
Eric Schneider
Changing ownership from self to LLC
I'm wondering if the group can point me in the right direction. I recently purchased my first rental with a traditional loan in my name. I recently got it rented and wanted to put it in the name of my LLC, so I filed ...
Sarah Lam
Houston SFR turnkey analysis
Hi all, I'm currently evaluating a 4/2.5/2 turn key SFR located in the Cy-Fair suburb of Houston. Price is 105K, which looks to be right around market price. Just over 2000 square feet with good school districts, ...
Randy G.
For sale by Owner on Zillow
Hey Guys!! I was wondering if anyone has triedZillow’s for sale by owner? I’m wrapping up My flip and I’m thinking aboutListing it sale by owner. Paying a 2.5%-3%To buyers agent. Only because the inventoryIs low and P...
Stephanie Cabral
LESSONS LEARNED FROM MY 3RD BRRR.
I invest in central Connecticut where the market is fairly saturated with other investors and taxes are extremely high so we have some obstacles to overcome. That being said, I just refinanced a property, completing ...
Greg K.
Very strange Short Pay/Sale clause in banks agreement
Has anyone ever seen such a clause in a contract(approval letter with terms) for a hardship based Short Pay, or even for a Short Sale?)"Dear Customer(s):Select Portfolio Servicing, Inc. (SPS), the mortgage servicer on...
Luke Mccandless
Bay Area FHA triplex sanity check!
I am fully underwritten for an FHA loan to buy a 2-4 unit property in the bay area up to $550,000 ( possible higher depending on the income of the other units).I am considering a place in West Oakland, currently a sli...
Ryan Holyn
Stumped, conflicted, & confused. Please Advise!
Pursing a first-time home purchase and FI (financial independence) seems not possible from my position. Do you agree? What am I not considering? Should I change my risk-tolerance in order to pursue both goals? Any gui...
Niki C.
Tenant social security number.
Will you make a copy of tenant social security card when they move in? Because i've heard that you need ssn of the tenant at court for eviction. I make copy of tenants ID but never asked for ssn because they applied t...
Richard Gaston
Private Investor Question?
Has anyone ever hear of a business called Phoenix FCE Capital Limited, they are suppose to be a private investor/Angel Investors. I got an email from them saying they can help me with 100% Financing, which sounded...