I'd like your opinion on a matter. Myself and 2 of my business partners/friends are first time home buyers looking to purchase in a hot market in CA. There is a house we like and offers were due yesterday. List pri...
Hello Everyone. I am a new landlord about to get my first rental ready for a tenant. I am looking to the Pro's here for any advice/tips/things to look for as I go about this. Specifically as far as clauses/ rules to m...
Hi, in 2018 I moved some of my properties under my personal name to a single member LLC in the middle of the year. Should I be reporting rental income & expenses separately during the two time periods, (before and...
Hi, I'm curious about areas outside of Arizona? I've been looking at Kansas City, Memphis, and various areas in Ohio. Kansas city is a high interest interest for me based on the amount of cash flow I've seen listed fo...
If you see a property owner who is in trouble, and let's say his loan is for $200,000, and the ARV is $180,000. And you want to offer him $117,000. How does this work? Will the deal have to go through a Short Sale spe...
Pursuing a second home loan/ STR with family. My dad is retired and is willing to be a co-borrower on our loan in order to have enough purchasing power to qualify for the deal. That will likely be his only contributio...
A couple filled out application for renting my property. Their credits are bad 500+. I was gonna overlook the credit and rent the house to them since most applicants have low credits. I have called their past 2 landlo...
So my wife and I originally bought our house with the intent to rent it out after living in it for 2 years. We are around that 2 year mark and trying to look for another house to move into but want to make sure that o...
I found an abandoned bi-level in a nice neighborhood that appears to be in good condition. Mail carrier said it's been unoccupied "for years." Someone is cutting the grass. Taxes are paid. It sold in 2005 for 142,900....
I am trying to do my own screening/renting on my next rental. I have heard a lot of people say they do not look too closely at credit, but I wanted to get some opinions from others.
Do you look closely at cr...