Hayden Gerstner
I'm 18 and wanting to get into my 1st rental property, but I need some help.
I've been working at a real estate firm for about a year now, just finished my classes to get my license, so I'm familiar with most things. But this is technically my first job. So I don't have any credit built up....
Justin Kline
What Should I ask for prior to showing a rental property
I've been getting stood up left and right from prospective tenants even after confirming the appointment. Should I require a filled out application, credit report, references, or all 3 prior to showing the property to...
Account Closed
Please help me learn to analyze a property
I am trying to learn how to analyze rental properties. Below are some numbers that I put together for a duplex I'm looking at. Built in 1987. Each unit is 2 bed, 1 bath, about 1000 sq ft. Both units are currently rent...
Vlad Vdov
**Minimum Down** Deal Analysis
Here is the Deal!Owner going into foreclosure pay off amount is $43,146.75 on the property (including escrow taxes, back payments, insurance, fees, etc.). This is the pay off amount according to the lender. Her goal i...
Brice Childers
Working with Colorado STR Regulations?
Hey folks,
I'm currently looking to buy a property in the Colorado mountains to use as a STR. However, it'll be my first STR, so I'm a bit skittish - especially about all the regulations I'm seeing. I'm currently loo...
Michael Newman
Chicago's South Side--good market or bad?
Trying to wrap my head around the Chicago Southside sub market. Hoping to hear from folks who have invested there or professionals in that market for multi families. Been doing some research and learned from some ar...
Rusty McGeehan
Tiered LLC vs LLC/Revocable Trust (Liability or Identity Issues)
I reside in California and am organizing myself to invest out of state. I have several markets in mind, but I have not decided which state I will be investing in. I plan to create one or more LLC's in the investment...
Joshua Fair
Balancing Profit
Current mortgage on house with taxes and insurance is $800.00 I can currently rent my house for $1,400.00.
How much of the $600.00 would you put towards expenses and how much would you take for profit. What f...
Spencer Dillinger
When to hire property management?
I am looking to purchase my first house. I often hear the advice that you should hire a property management company. Is it possible to still make positive cash flow on a one to two unit home using a property manager?W...
Timothy Aughinbaugh
Opinions on this deal
I have a portfolio of 7 properties, 9 units total, current ARV is 750,000. I have been offered a 30 yr fixed 6.5%, 1% origination, for 575K loan value to the portfolio. It has a no pre payment penalty and is pretty ...