16 April 2019 | 1 reply
I have a few concerns with the process of using OPM: 1) How to prove my credibility to someone that has money to invest, even though I have not done a deal.2) This sounds obvious, but what types of people should I talk to, to see if they are interested in investing in real estate.
23 April 2019 | 24 replies
When dealing with inherited tenants don't waste time being concerned about how they feel, most inherited tenants are not worth keeping, being fair has nothing to do with market rents.
23 April 2019 | 27 replies
Don't just waive late fees... it frequency sets a precedent and you will see an increase in late payments and requests to cut them a break.
20 April 2019 | 6 replies
As far as the DTI is concerned, do they compute that including estimated mortgage or is the up to 50% DTI before adding mortgage into the mix?
13 November 2019 | 43 replies
I have found that it truly cuts down on questions and concerns from the buyers when the inspection report comes back with deficiencies.
24 April 2019 | 4 replies
I would certainly try to point out the fact that selling it on the market would cut into their profit as they would have expenses surrounding an agent, paying the tax title, etc however it's never guaranteed that people will listen.
19 April 2019 | 3 replies
However, my wife and I made a last minute decision on moving day to move into main level and rent out one of the rooms to family along with renting out mother-in-law suite.At the end of the day, we will be able to cut our living expenses in half through house hacking and putting me one step closer to my long term goal of quitting my job in the corporate world and pursuing a new career I am actually excited to wake up in the morning for.
16 April 2019 | 0 replies
Can I tell tenants to get rid of dog due to liability issue/concern ?
17 April 2019 | 4 replies
The reason why I like this strategy is:- Seems like lower risk;- If numbers are correct, its not much out of pocket;- Seems like a good way to get feet wet, get a rental & some positive cash flow.My concern is:- I speak with investors all the time who started off in SFH and they all say moving forward their strategy will be multi family.Any insight is greatly appreciated!
31 December 2019 | 2 replies
They are easy to use, just cut and paste into your drip system.