Celine Rechyy
Seeking Guidance on Real Estate Investment, Especially House Hacking
6 December 2024 | 17 replies
Make sure you understand the basic math, what qualifies as a good investment, how to manage your investment and prevent losses, etc.I would start with Set For Life by Scott Trench.
Stevie Kim
Money Pit Could Have Been Prevented?
27 November 2024 | 2 replies
I won't get into too many details since the list would be long, but in 2021 I bought a house in Tucson for a part-time escape from Washington state winters while Airbnb'ing it the rest of the time. The previous owners...
Zach Harsh
Are Tyler Deveroux, Ryan Woolley, Multi Family Mindset a Scam?
13 December 2024 | 23 replies
Moving forward blindly on that deal would have put our investors money at risk, which isn't an option, so WE took a $60k haircut to prevent that.
Andrew Pierce
Doctors Loan/Conventional Loan = You Must Occupy the Property forever?!?
8 December 2024 | 10 replies
just really disappointing that the loan officer knew we wanted to rent it out and when the real estate savvy guy wasn't there, made the other buyer sign something preventing that.
Sidra Amir
After 10 months of stay, tenant is asking to get bed bug inspection done
7 December 2024 | 8 replies
If the tenants leave cereal boxes out and the house gets overrun with ants, it's still your responsibility as the landlord to have pest control in place to prevent or treat the problem.
Sam Chainani
Buying defaulted mortgage notes directly from banks
17 December 2024 | 42 replies
They are trying to prevent investors/brother in laws from "stealing one".
Javier Molina
Mildly complex structuring for multiple properties. (LLC, Trusts, Multi-state)
12 December 2024 | 12 replies
(I just went through probate when my mom passed and it sucks and would like to prevent my successors from having to deal with the same if possible).Bonus question, one of my properties is still under mortgage, he mentioned something about transferring it to an LLC can trigger a due-on-sale clause but not when transferred to a Trust.
Shelby Ek
HUD homes activating utilities for inspection or apprasials
8 December 2024 | 19 replies
@Ryan BrayHUD will not turn on the utilities and my guess is you are outside your 15 day window where you could at your own expense provided that the PCR report did not find anything that would prevent it.Your option is to ask your lender if there is any work around such as an escrow for repairs or an as-is appraisal.
Jorge Liang
Tenant Fleas (Pest) Complaint
30 November 2024 | 11 replies
If, after the first ten (10) days after you take possession of the Rental Unit, it becomes necessary for us to undergo including, without limitation, prevention and remediation in your Rental Unit and/or on the Premises, you will be held financially responsible for reasonable costs thereof, paid as Additional Rent.
Heidi Thompson
Padsplit insights please
5 December 2024 | 31 replies
If your property is up to par you won't really have many maintenance calls except minor stuff such as plumbing clogs which is more likely to happen and requests to turn the AC up or down which you can do on your phone but other than that pretty hands off.Vacancy depends on location and your Padsplit property score the more comfortable you make your property (mini fridges, tv's, outdoor area) the lower your vacancy rate but you can expect about 10% vacancy factor in a Padsplit friendly area (centrally located, easy access to public transportation).