Jason Boring
Contractor getting into value-add real estate investing
31 October 2024 | 8 replies
For single-family and multi-family rentals - plan to put 20-25% down on investment properties.If you find a rental from 2-4 units with a month to month lease or a vacant unit that you could technically move into/would move into after buying within 60 days - plan to put 3.5-5% down.
Timothy Burns
Rookie Landlord-1st time tenant Turnover how to handle
27 October 2024 | 4 replies
Hello all, I am coming to the end of the lease with my first tenant in a duplex that I'm living in, and plan on not renewing the current tenant's lease for various reasons.
Nolan Peralta
Tenant not paying rent gone AWOL
31 October 2024 | 5 replies
At the same time, look to see if he left any contact information behind and reach out to family to determine his status.If you can't contact anyone soon, I would consider moving his belongings to storage, terminating the lease, and finding a new roommate.Because you are in California, I would consult an attorney.
Jake Andronico
Why is my rental not renting?
29 October 2024 | 0 replies
Marketing, professional photos, and dialing in the rental amount are crucial, and we've noticed nicer units at better prices being leased out much faster (well yeah, duh...).
Tyler Tomas
Owned rental property. Need to rehab and refinance.
31 October 2024 | 8 replies
The tenant has caused damage and broken the lease so she is going to vacate in December.
Francis A.
In fast-growing Phoenix, higher rents have pushed more people to their financial limi
30 October 2024 | 4 replies
They didn’t have an attorney.In court, the couple said a leasing agent told them they could get two months of free rent when they moved in.
Raquel Brown
23k to refi??!!!!!
1 November 2024 | 17 replies
If the latter, there are lenders out there that will use your actual rental rates as long as you have lease agreements, 2 months of rental receipts, and the actual rent is within 20% variance of the market rents on the appraisal.
James Harryton
How much is too much
28 October 2024 | 24 replies
I typically aim for aggressive rent increases only during pre-leasing.
Aya I.
New Land load here. Do you issue an invoice for monthly rent?
28 October 2024 | 6 replies
If the rent amount, due dates, etc. are specified in the lease, there’s no need to provide an invoice.
Josh Cochran
Western Wealth Capital: What do you know about them?
31 October 2024 | 37 replies
With this person having a close relationship with WWC, seeing him at the office frequently, and knowing WWC lawyer that uses these Bare Trust Agreements.