Philip Velleux
50% rule? And western Wisconsin multi- unit leads
2 questions / topics I'd like to get advice on.
1) How many of you successful investors strictly follow the 50% rule? I realize this is a pretty generic question just looking for some feedback.
2) How do I find ev...
Luke Terry
Target profit margin for flips
Hey folks,We're in the Cleveland market looking at buying SFH's to flip. For those with experience doing rehabs, what's your target profit margin you look for in evaluating deals?We've been going for a 20% profit off...
Mark C.
Purchasing a property out of an IRA
Hi All, I was trying to look at some tax strategies and was curious if anyone else knows if this is possible. I have rentals in my IRA. Is there lending institution that would allow me to put 20-25% down to buy ...
Emily H.
Advice for Delayed Financing
I'm having a hard time finding a residential lender who can do delayed financing on investment properties. I recently closed with all cash for two fully occupied 4plexes in Columbus OH. Does anyone have any advice on ...
Joshua F.
Newbie first post saying Hello from New Zealand!
Hi Everyone!I started listening to BP some time last year and have learnt sooooo much from it. And after hearing Josh and Brandon talk about it all the time, finally decided to get onto this forum! So thanks once agai...
Bryan Tasumi
Investing in poor neighborhoods close to rich neighborhoods?
I am thinking of investing in a poor neighborhood (poor schools, more crime, lower house prices) in Houston, TX (the Third Ward) which is only 10 miles away from the medical center/Rice University and the "rich" neigh...
Michael Fundaro
How to Acquire a HUD Owned House
Hi All,I found a lead that I'm thinking about wholesaling, and I don't know if it will be a good deal or not until I know what I can get it for... The property is foreclosed and HUD owned. I took a Rich Dad webinar...
Ryan Brown
How to navigate tenants destroying things
Good morning all,I’m a landlord in New York City and would like to know how to move forward if tenants are damaging the apartment.As the landlord, I understand that if the stove stops working I have to get it repaired...
Matthew Wright
Rental Application fee
I’ve never charged for an application, I use 3rd party, such as apartments.com. I’d like to start charging for applications, and screening myself, any suggestions of best way to do that?
Jason T.
Conventional financing for investment property process.
Hi all, I have some questions regarding applying for conventional financing for an investment property.Is it common to be asked for all bank account statements, other investment accounts, and retirement accounts? Are ...