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All Forum Posts by: Valerie King

Valerie King has started 43 posts and replied 104 times.

Post: Accounting for Exiating Tenant's Security Deposit

Valerie KingPosted
  • Rental Property Investor
  • Mount Clemens, MI
  • Posts 110
  • Votes 18

Thanks again Logan!

Post: LLC for a House Hacker?

Valerie KingPosted
  • Rental Property Investor
  • Mount Clemens, MI
  • Posts 110
  • Votes 18

Thanks @Logan Allec  This answers my question exactly!

Post: What Amount is Too Low for Bank Financing?

Valerie KingPosted
  • Rental Property Investor
  • Mount Clemens, MI
  • Posts 110
  • Votes 18

What kind of sale price minimums do conventional bank loans go by? ... $50,000? Higher? Lower?

Post: Can Conventional Buyers Purchase Short Sales?

Valerie KingPosted
  • Rental Property Investor
  • Mount Clemens, MI
  • Posts 110
  • Votes 18

Are short sales only for cash buyers, or can someone working through the conventional bank and realtor get involved with them too? Also, do wholesalers sell to conventional buyers, or does the speed at which they're looking to sell mean only cash buyers?

Post: Accounting for Exiating Tenant's Security Deposit

Valerie KingPosted
  • Rental Property Investor
  • Mount Clemens, MI
  • Posts 110
  • Votes 18

When buying a property that comes with tenants, how should the security deposit be moved from the seller to the buyer?

Post: LLC for a House Hacker?

Valerie KingPosted
  • Rental Property Investor
  • Mount Clemens, MI
  • Posts 110
  • Votes 18

Should a house hacker have an LLC? If so, does the property have to initially be purchased through the LLC? Or could I buy it in my own name with the advantages of first-time home buyer financing and then create an LLC one I'm in?

Post: Buying Property with Existing Tenant(s)

Valerie KingPosted
  • Rental Property Investor
  • Mount Clemens, MI
  • Posts 110
  • Votes 18

What do you do if the house you're looking at already has a tenant or more in it? Should you have an attorney look at their existing lease to ensure it is sturdy before moving forward with the purchase? What do you do if you don't like the terms of the existing lease? ... Simply avoid buying the home, or are there other options?

Post: How to Find a Quality Real Estate Agent

Valerie KingPosted
  • Rental Property Investor
  • Mount Clemens, MI
  • Posts 110
  • Votes 18

Thanks Jeff!

Post: How to Find a Quality Real Estate Agent

Valerie KingPosted
  • Rental Property Investor
  • Mount Clemens, MI
  • Posts 110
  • Votes 18

Thank you!

Post: How to Find a Quality Real Estate Agent

Valerie KingPosted
  • Rental Property Investor
  • Mount Clemens, MI
  • Posts 110
  • Votes 18

I just started Google searching buyer's agents in my area and it's actually not so simple to find anything. Where do you go/how do you go about finding a real estate agent that meets your needs. 

I need them to have multifamily, investor experience and the search results are quite awful. Any help would be greatly appreciated!