Luke Davis
HELOC, DSCR, or Conventional?
20 September 2024 | 9 replies
The biggest obstacle I'm encountering now is the making up the initial down payment.
Oladosu Segun
Measures to minimize section 8 tenants from messing up the rented property .
20 September 2024 | 2 replies
And once you've got an approved applicant, then you present them with your lease, which needs to be comprehensive in its protection for you and of your property (mine is 24 pages and counting as I encounter new issues, and it contains fines for certain violations) - check your state laws.
Ellen Feiss
Advice on dealing with inherited tenants
19 September 2024 | 6 replies
Hi @Ellen Feiss I agree with @Ty Coutts that you should start with informal, friendly, face-to-face conversations with the tenants to establish rapport, especially as you have some lead time here before next April.People don't like surprises or having to scramble, so if you are able to let them know your plans in advance, if they are reasonable people they should appreciate the extra lead time.This is especially true if their rents are currently very under market - they will have sticker shock when they look at what other units are renting for, and have to spend more time finding a new unit (if you'll be asking them to leave).If you have to move into one of the units yourself, I'm surprised you (or your lender) didn't make it a condition of the purchase and make the seller have the unit vacant for you.Sooner or later in rental real estate, you will have to establish a relationship with an eviction attorney.
John Liao
Accessory Dwelling Units (ADUs) (<900 SF) to be built by-right
19 September 2024 | 4 replies
Search the BP for ADU appraisals to encounter numerous examples.
Chris Bruce
Probate Best Lead Source
25 September 2024 | 96 replies
Now that is one I haven't encountered.
Allen Moore
Section 8 - Pros & Cons
23 September 2024 | 33 replies
It’s good to hear that your portfolio is mostly section 8 and you have not encountered major drawbacks.I will surely check out that forum.
Ryan Phu
Joe McCall Scam? Read This Before You Buy His Programs...
26 September 2024 | 70 replies
If you cannot do that, then you will encounter other issues that you have difficulty overcoming.Good luck
Willis Yoder
Flipping for Profit: The Ultimate ROI Renovation Secrets
20 September 2024 | 39 replies
While all of this may seem obvious, I have personally encountered all of it in flips in my market, so clearly not every flipper thinks about something as basic as "can my refrigerator door open all the way?".
Mark F.
What kind of instrument do I need?
17 September 2024 | 4 replies
What I'm trying to figure out: Is there something that is a legally binding document that the corporation and I could enter into that would show that the property is a corporate asset without being on title and allow me to circumvent title challenge Ive just encountered on transfering the title to the corporation.
Chayton Wagner
What are your thoughts on VA's calling homeowners for STR's?
16 September 2024 | 9 replies
None of them do my REI business, but I’ve encountered plenty that have.