Nadine Wallace
Advice on temporary security cameras during rent-ready repairs on long-term rentals
14 January 2025 | 3 replies
There is a ring camera system that has a job site security package as well some of my investors use for their projects do not have internet it works off cellular connection.
Ken M.
Creative Financing and Some Things To Know
13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
Dhruv Patel
First rental property in Ashburn VA
14 January 2025 | 2 replies
It covers internet, water, trash, cable, and exterior (roof, siding, etc.).
Becca F.
Questions for Ohio agents/investors and Class A, B, C in your markets
12 January 2025 | 25 replies
I think it's a gamble for someone 2000 miles away - could do well or badly.
Steve R.
Evicting tenant who's made partial payments. Do I need to give them 30 day notice?
14 January 2025 | 1 reply
You have to know your state landlord-tenant laws; they are on the internet:"In New Jersey, a landlord may need to give a 30-day notice to pay rent before eviction if the tenant has a history of late payments and the landlord accepts them.
Kyle Carter
Seller finance information
3 January 2025 | 0 replies
I would like to learn more about seller financing, I see a lot of information on the internet about seller financing but honestly I am just confused.
Yamil Naf
Seeking Advice: Raising $160K for a Second Short-Term Rental Investment in FL
14 January 2025 | 5 replies
You want to talk to friends and family on this, I don't know anyone who would see this on the Internet and be like, yeah, this sounds like exactly what I am looking to do with my money.
John Roberts
Looking for help/advice on leasing to a local company. Thanks.
14 January 2025 | 2 replies
Their rent will be about 1.5x normal rates.The unit will be furnished and all utilities will be in our name (power, water/sewer, internet).
Sergio N Brand
What are you investing in? Middletown, NY
14 January 2025 | 2 replies
At the end of the day if you run your numbers and analyze like 10 properties a day, and every single day scour the internet for anything new, you will eventually find something that works and know it almost immediately.