Hey y'all, I would appreciate some input. I have a unit that a couple has applied for. Their credit is high 600s, background check is clean, and the only outstanding debt on their credit report is a mortgage, which ha...
Hello All,
I am in the process of finding my first multi-family deal and and I believe FHA financing will be my best financing (owner-occupied max 4 units). I have been doing a lot of research on FHA financing and do...
Hello, When looking for the perfect tenant, what are red flags you must pay attention to during the application process? I recently had to evict a tenant and that was not fun to say the least. Thanks in advance for sh...
Hello,
I was wondering if using a mortgage broker is worth it? I know they can save me time and possibly find me better terms, but is it worth the money when they are essentially just a middle man and I can shop len...
I have many rentals and have started really getting hurt with Venmo's limits on how much you can transfer out of venmo on a weekly basis.I can only transfer $19k per week to my bank. I have alot more than than coming ...
my current cpa has been in the business for 40+ years. He’s about 70-75 or so. This year I just felt like it’s complicated to keep up with my invoices and give him itemized numbers. he wants it broken down specifi...
Hello,I recently saw a FSBO sign in the yard of a 4-plex. I looked up the sellers info and they live in the Chicago area and I am located in the Lexington, KY area. I am going to call them Monday and would like some a...
Hi All,
I'm freshly starting my MTR and will mainly focus on leads from FF. I have quite some questions that need your help:
For tenant screening, I plan to do the routine background (eviction, criminal) screening...
How realistic is the idea of a new investor partnering with a private money partner (debt investor) in order to gut rehab a 6 unit multifamily and get it occupied at 100% again and hold it for 5 yrs? I have read books...
I own 1 rental but used a realtor to find my tenants, and now that I've decided to start an actual business, I want to try to do most things myself, and recently just had an offer accepted on a 2nd rental (and now I'm...