Kimberly T.
Can "having a job" be part of your tenant screening criteria?
Hear me out.
Let's say part of your screening criteria is a minimum of 3x rent as income. In CA and some (all?) other states, you cannot discriminate based on source of income. That means if the prospective...
Clarke Wegener
She's a high wage earner, I'm an investor. Tax issues?
Hello all. I have a question my fiancé and I have been mulling for a few months. We want to get married but neither of us are so enamored with the idea that we're willing to take a huge tax hit over it. But we just ar...
Samantha Klein
Two weeks in & already problems
I just bought a 4/1 single family house last month, rehabbed and put tenants in. The tenants looked good on paper, made 3x the rent ect so they screened well. They moved in April 23rd and I receive a text this morning...
William Coet
How to Determine the Credibility of a Syndicator
As the title states; How can the credibility and reliability of a syndicator be judged? What assurances does an investor have that the general partner won't "take the money and run"?Trying to avoid a Madoff ponzi sch...
Donald Torrence
Private Lending vs Hard Money
Here is a problem that I am having with people who are saying they are private lenders. You will hear them say that it’s all hard money. They say this because of the interest rates. Little do these people who say they...
Joshua Manning
License vs WHolesaling
Hey guys, so I know that there are tons of blogs and posts on whether or not t get a license, but I just wanted some input on my personal decision on whether or not to get a license before I decide.So right now I'm st...
Robert Haworth
Calling all Pottstown, PA landlords -- What's the demand for housing like?
I'm hoping to find landlords who rent property in Pottstown, Montgomery County, PA. We'd like to get an idea of the demand for housing. We are considering buying a house there and want to know of the plusses and ...
Gabriel Benavidez
Hurricane Harvey slowing down my REI
So hurricane Harvey was very devastating to all the houses in Houston but luckily my rental property did not suffer any damages whatsoever but I did end up loosing my truck that was paid off for so now I have to take ...
Tony Duran
Investing in single family house - Houston Area under 100K
Hi BP, I currently own a townhome in the Houston area which I purchased back in 2005. Times are different now and I would like to purchase once again in the Houston area, if profitable. I have family in Katy and would...
Ivan Jouikov
My dad thinks I want to scam people...
So whenever I visit my father for our "weekly meeting" I always go on about real estate investing. He always has only 2 responses:
1) you cannot do that here (i'm serious)
2) what you're trying to do is rip someone of...