Hello All,Like most I am a new to the game of real estate whole selling. I have been studuying the different lessons if you will by all gurus like many have via internet, podcast, itunes, taking any learning vehicle t...
I'm considering lending money to an investor in Indiana. He needs 85k to buy($70k) and rehab($15k) the property and his ARV is $115k. He's offering 10% apr and 2pts at closing. What sort of paperwork should I look fo...
I currently own and live in a 4BR/4BA condo in a college town in South Carolina. Right now the three other bedrooms are rented out to my friends until August ’14. Because I’ve been renting to my ...
Hi BP,
When analyzing an investment property 3 numbers are extremely important along with others;
1. Debt Coverage Ratio
2. Cap Rate
3. Cash on Cash Return
Most lenders look for ...
does not really exist....I am finding it to be the most challenging life choice I've probably ever pursued. Partly because I am truly self employed and no one is holding my hand...no one will be handing me a check at ...
Hello After 5 years of starting on this journey, I have finally purchase and close on my first rental property. I am currently trying to get it ready to rent but I honestly, don't know where to start and what to do as...
Curious to know what everyone else uses for checkout instructions.Getting ready to make some minor updates to my rental agreement that renters electronically sign/agree to when the rent on HA/VRBO.I can't find a way t...
For all of you aspiring real estate entrepreneurs and investors who want to make money in the real estate game Lease Options and Options are great way to accomplish this with little money or no credit. Let's examine t...
This is a single family home in Fort Lauderdale, I have been meaning to do something to the front yard for a while and so a few months ago I had some EXTRA free time I decided to put it to use. I'll share some bef...
Just had an AirBNB guest cancel after day 3 of a 30 day booking (we always use strict cancellation policy) because he said he drove by a grocery store 3 blocks away and saw ‘homeless people doing drugs.’The guest call...