Kimberly Kesterke
I take issue with the term "slumlord" and here is why
Landlords have a noble mission. We provide safe and clean housing to our tenants, keep homes maintained and reasonably respond to our tenants requests. We provide housing options so that the government doesn’t have to...
Jun Zao
Expecting 1% of market price of the house as monthly rent.
Is that the rule of thumb?So for a 2-story house with a basement unit (combined for a total of 2 units) with a market value of $550,000 that also has 6 parking spots, 3 indoor and 3 outdoor I should be able to collect...
Tuan Dang
flooded home investment property advice for cash out refi
Hi I am looking at a home in a flooded area that is selling for asking price 150k (can probably go a tad lower) tax appraised value was around 300kish ( I know since it has been flooded the value is more like 80% of ...
Dan Cumberland
How Low of an Offer is too Low? I don't want to be written off
Hi again everyone!I'm putting together an offer in a slow market. I'd like to offer 20% less than asking, but I don't want to be so low that I won't be taken seriously. I'd take it for more than that, but I know tha...
William Radford
Refinancing After Outright Purchase of a SFH
My area currently has a few foreclosures available and many have come to the market over the last year or so. I have been trying to figure out how to get into the market and purchase one of these homes that are sellin...
Chris Jones
questions about double closings and land trust
hello everyone, well anyway i'm a new investor and after some research i decided to focus on pre-foreclosures.
well anyway i was told of a strategy that i could use that didn't involve the use of any of my money or c...
Mary Jay
What is your criteria to know when its too much work for a rental
Do you guys have a criteria when you feel like its too much work for a future rental?For instance, there is a fourplex , built in 1910. It needs new roof (10-12K), new windows (not sure how much, may be 5-10K), electr...
Andrey Gorokhovskiy
Should I cash refi my 3.5% interest property for 4.65%?
Ok here is our situation we are still new to real estate and investing and just purchased our 3rd rental and want to keep moving forward.Our first property we bought in WA state in 2012 for 130k and now is valued at 4...
Rich Hupper
Foreclosure and Medicaid
The subject of medicaid and real estate continues to elude me. I have yet come across another deal where the decision maker is in the nursing home and someone wants to buy her house. To complicate the matter, her hous...
Shaka Farrier
VA LOAN (Owner Occupied) Duplex Analysis
I'll keep this short and sweet. I am basing my numbers as if I were renting out both sides. I am rounding my mortgage costs up for easy calculation and my owner expenses (percentages) are pretty conservative Purchase ...