All Forum Posts by: John Pocher

I’ve been checking out turnkey out of state (I live in Texas) real estate investing companies like Rent to Retirement, Sharestates, etc.  but don’t have a good feel for if they are legit.  By legit I mean actually do what they say, no hidden fees, upfront with pricing..

Does anyone have any experience with them?  Was it positive? 
I have 2 rentals in Austin and 1 in Lindale but they aren’t cash flowing very well.  I have some extra cash so I’d love to be able to invest with confidence.  
Any actual experience feedback is much appreciated! 

I'm not sure this is the correct forum, so pardon my jumping in, but this seemed like the only one that dealt with my situation.

I purchased an investment property in late March, 2014.  It's going fairly well (knock on wood!).  Because of this, I starting looking at a second investment property.  However, my (potential) lender is telling me that the income from the first property can't be officially "counted" until after I've owned it for 24 months... but in the meantime, the burden of the mortgage, insurance, taxes, etc... are counted as a liability!  A lose-lose situation!

Has anyone else had this experience?  Or is my lender just being overly cautious?