
6 January 2025 | 25 replies
I feel bad for the pitbulls, they need to go somewhere but the owners also need to be responsible with them and as long as you make that clear then you shouldn't have a problem.

7 January 2025 | 28 replies
The issue will be if you have a number of rooms and a single abuser.

7 January 2025 | 20 replies
This doesn't give me too much to work with, and as a student, I still have 0 income :(.

5 January 2025 | 5 replies
In this manual (which I assume could be modified to provide to tenants) I include all the financing information (which you would not include for tenants) bank accounts, mortgage accounts, payment information, and mortgage payoff), a list of the contractors, what each contractor does, a list of upcoming planned or necessary repairs, and a copy of all leases associated with the property.

15 January 2025 | 29 replies
if your asking me Joe I suspect wrapping a DSCR loan would be an event of default with those lenders.. and one would risk having the loan called and a lot of times if you have multiple loans with the lender they can call them all in default..

8 January 2025 | 27 replies
I am guessing that the vast majority of homes 10+ years old had some sort of water damage at some point, most had probably several.My own home is only a few years old and we had the washer spring a leak and a few years later the RO system in the kitchen started leaking into the cabinet.Seller disclosures are pretty useless in my opinion.

25 January 2025 | 155 replies
If I thought for one minute there was a big market for EM deposits and a reliable bevy of potential clients I would be all over funding 7 figures .. but even with all my experience in lending I jsut dont see it personally and maybe I am blind to it but I close a lot of deals for wholesalers 10 to 20 each and every month for years..

9 January 2025 | 32 replies
BTW, the rental property is cash flow positive.Good questions @Bob DoleJust a quick not to clear up any confusion, Flips are not rentals, and as a result, don't depreciate.

8 January 2025 | 10 replies
At the moment with 3 rentals (6 total units), I have one account and a credit card associated with it.

11 January 2025 | 15 replies
Do you want this thing to be the tipping point for them to leave and you have turnover costs and a vacant unit?