Sung Yu
1031 fourplex into a single family
23 January 2025 | 5 replies
@Sung Yu You can 1031 exchange your fourplex into a single-family home, provided it’s initially used as an investment property (rented for 1–2 years) to meet IRS requirements.
Becca Pariser
Who is responsible for back mortgage after paperwork is signed?
10 January 2025 | 3 replies
Sellers will lie to you and you have to "trust but verify"It's your problem.
Arshiya Taami
is 95% LTV for a DSCR Loan that is 2.2 possible?
14 January 2025 | 15 replies
Legitimate lenders may charge a small application fee (around $250) to verify you’re serious, but if someone’s asking for thousands with no real intention of closing, that’s a huge red flag.On a more positive note, there are creative financing approaches out there.
Catherine Parenteau
Renting Non-Conforming apt through Section 8 - good idea?
16 January 2025 | 2 replies
It sounds like you have an un-permitted unit, which is essentially always a risk since there has been no notice to the AHJ that it exists and they can therefore initiate a code case to have it removed in most cases.
Ryan Goff
Grocapitus - Anyone have experience with them?
31 January 2025 | 170 replies
Quote from @William Woodring: Update on my postAs pointed out, the initial terms on my contract in Oct 2021 were beyond industry standards.
Harinando Andrianarimanana
New Investor in Kirkland, WA - Starting with Live-in Flips, Aiming for Long-Term Rent
16 January 2025 | 2 replies
Once I've completed these initial projects and built up some capital, my long-term goal is to transition into buy-and-hold investments in potentially more affordable markets to maximize cash flow and scale up.Right now, I'm particularly interested in investing locally here in the Seattle metro area.
Randall Gonzalez
10K Club Jerry Norton - Who's in?
13 January 2025 | 18 replies
Quote from @Milly Owens: You may be right James, then again you would have a hard time convincing Asser...since the program reimbursed him his initial investment of $1,000 and then paid him $10,000 for the lead!
Casey Wilson
Advice on strong Detroit Metro areas for rental property investing
29 January 2025 | 6 replies
Windsor, Ontario has partnered with us on many new initiatives aimed at making Detroit an international destination.
Agatha Simmons
Advice for newbie. Evicting Sec8 tenant
28 January 2025 | 16 replies
Tenant initially says it’s a new roach problem that “started when I bought the house”.
Gamal Harding
Navigating the Surge in Rental Application Fraud: A Guide for Landlords and PM's
6 January 2025 | 4 replies
Social Security also has a consent based ssn verification process where a SSN can be verified with the parties consent.Again, we can never be 100% full proof but we can stay on top of the latest ways to mitigate the fraudsters at their game.How are you catching fakes?