Alex Silang
How do RE empires typically collapse?
1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
Chris Taylor
Insurance Requirements for Rental Property
I’m a newbie so I think this question is appropriate. I’ve received different answers from different people so here it is. For rental properties ... do lenders require your insurance to cover replacement value of th...
Zoie Holley
What do you think stops people from starting?
So I’m 20 in college and going into my final two semesters of college and I’m reading my first real estate book and I wanted to do the housing hacking route in West Virginia (that’s where I go to school and what’s the...
Jason Merchey
Recourse Loans
I am getting some pushback on the idea of recourse vs. non recourse loans from a banker I'm just about to go with. My accountant told me not to take out a recourse loan, one that allows for deficiency judgments (th...
Tiffany U.
Knowing When to Walk Away or Take a Chance
Newbie question.I am looking at deals trying to break into the market. My question is how do you know when to leave a property alone and when to go ahead and invest. I've run the numbers they work. The property has...
Matt M.
How many of you are strict with the 3x rent/salary?
Hi all,I have just begun to try and stick with the 3x rent salary. Do you ever stray? I have a nice single mom applicant, works 30-35 hours/week at $17 hour, gets $400 month in child support and still isn’t close to 3...
Carlos Quiros
Questions from a new investor..... :-/
Hello All-
New to investing and had a few questions for those seasoned investors. My wife and I are looking at the mid-west to start investing (Ohio, Wisconsin, Indiana, Pennsylvania or Kentucky) My question are in t...
Kishun Barker
Whats is everyone's opinion on paying 100% cash for properties
I am interested in buying deplexs in cleveland with 100% cash and was just wondering what tips or advice other investors can point out to me
Chauncy Gray
Amortization Schedule - 30 Year Mortgage
Hello Everyone,
I was at a local real estate investor group meeting last night, and I was told something that I could not believe at first. I was told that amortizations are never good, especially for 30-year mortgag...
Ryan Lauretta
SFR vs Syndicates?
I an American living abroad looking to invest into real estate. My original plan is to invest 50% in a mix of syndicates - value add B/C class midwest, some commercial and 50% on SFR. When I looked at the track rec...