All Forum Posts by: Troy H.

@Abbott Mary Thanks for the tips.

@Jaysen Medhurst I agree Clint Coons gives great info.

@Eric Weireter Raleigh-Durham area, possibly extending into lower Granville county.

@Laura Smith I totally understand your strategy. Your mother is lucky to have you looking out for her. You say you have contacts in the Carolinas...might any of them be real estate agents in North Carolina by any chance? I've been looking for a good agent who understands investors.

So lenders give FHA loans without verifying that you can actually occupy the property?

@Laura Smith I personally haven't done it, but I hear it in the podcast and read on the forums to NEVER rent to friends and family. I tend to agree that it could become problematic, but hey...it is your mother and you'd like to ensure that she is taken care of.

@Kristina Heimstaedt Yes, thank you.

@Corby Goade I like you strategy. It is easier to get people to do what you want when they feel you've given them options.

@Sam Levine Responding to question #1:  Personally, I wouldn't opt to give specifics. Just the letter as mentioned before.

Side note.....I've heard stories of disgruntled tenants doing malicious things because they were unhappy with an upcoming rent increase. 

Congrats and good luck. 

@Ronda R. Great advice!

@Mindy Jensen Thanks for the tip on Tenant Estoppel Statements and transferring the security deposits.

@Kristina Heimstaedt Great input. Question, were you referring to tenants at two different properties? Just wondering if there is any legal consequence to raising one tenant's rent significantly more than another's at the same property without a "valid" reason.

@Michael Fenton I am all for shipping container homes. There are limitless possibilities when working with containers. My only concern is how effectively can they be insulated.  Seems that condensation would be an issue.