Hello, I am in the process of getting a pre-approval before I start my hunt for my first rental property. My mortgage broker is pushing the idea of a non-QM lender being the one who funds this deal. My broker says I c...
Ok, at the risk of sounding like an idiot, can someone please explain the difference? I am listening to a gentleman talk about his dream team and he is talking about making sure to have a good title company/ real esta...
I'm an out-of-state investor relatively new to the Louisville area. I recently closed on a tri-plex in the downtown area and one of the tenants moved out and my unit has been sitting vacant for about 3 months now. The...
Hi, I am considering putting an offer in on a home in FL that is listed for $120K as a short sale. The property was previously listed for $160K with no bites. In reviewing the tax and owners records no Lis Pendens a...
Finding the right property manager is a big decision that will have a HUGE impact on the success (or lack thereof) of your rental business.
In my conversations and experience with a number of property managers, I've ...
I can't seem to find much information on this. I'm curious what you guys think. Is it a good idea to own more of the real estate business by having your own property management company to service your rentals?Ex. - St...
What are some good questions that one should be asking when talking to out of state turnkey providers and which parameters should one be looking out for to find out between some good and not so good turnkey providers ?
My Drawing of my outsourcing of short sale transactions
I know I didn't invent this stuff, but I wanted to organize my process. Here's how it works.
I train Realtors / Agents to bring me their potential short sale ...
There’s a few of rehab/fix and flip lenders out there offering 100% financing, no money down. This seems too good to be true. Has anyone here had an experience with one of these lenders that promises 100% on rehabs? ...
Is leaving a 5 day notice posted on the tenants door a legal delivery of a 5 day notice in Illinois? I would prefer to hand deliver but the tenant refuses to answer their door.The official form I downloaded from the c...