LaTonya Clark
Lender- 40 year loans
20 January 2025 | 31 replies
I would see how the home inspection goes (get someone good) and make a assessment than on how you want to proceed.
Mike Montanye
Deal Machine Customer Service
3 January 2025 | 14 replies
Don't worry about minor complaints, you are doing a fine job.Just one question, ALL sites have a delay in data from MLS updates, and from court reported information, and so on, is that a function of a monthly update routine or can the information be updated a little more frequently?
William Stewart
Liability Insurance for room rental
30 December 2024 | 11 replies
Any update on this question, I'm also in the same boat and would love to know how to proceed.
Chris Kay
True VA Loan Occupancy Rules (Is There Really a Length Requirement?)
26 December 2024 | 1 reply
My dad and I (both with access to VA loans) are about to get into the multifam game and how we proceed is really going to depend on the true occupancy rules for the VA and our lender.
Sonia Vanegas
advice on landlord threating to void clause in lease and raising rent
16 December 2024 | 21 replies
I am looking for advice on how to proceed with this and what my legal rights are as a tenant in the state of Washington.
Gabe Chase
Best Amenity to Add?
30 December 2024 | 13 replies
Such luxury as indoor/outdoor pool, park for skateboard, tennis court, tiki bar with dance floor… of course if you need to think about the ROI and how much maintenance it takesBest ROI items are - big screen TV, hot tub, playground, PS5, BBQ…The issue is cheaper items require more maintenance.
Account Closed
Due On Sale Being Called!!
13 January 2025 | 41 replies
Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal level Learn 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 needed Know 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.
Karin L Mahmoodi
Early Termination (abandonment) of Apartment Prior to End of Lease in Duluth, GA
11 December 2024 | 5 replies
Just make sure to give notice or confirm her claim on possession so she cannot use it against you later in court.
MIchael McCUe
Is debt relief a good idea, filing bankruptcy
9 January 2025 | 14 replies
But, in the US when a bankruptcy is filed, the court appoints a trustee to go over your finances and your actions leading into it, in detail.
Efrain Flores
From Mistakes to Growth: Deciding the Future of My First Property
24 December 2024 | 1 reply
After buying this house, I partnered with others to invest in a duplex in the Wichita area.At the moment, I’m living in Tennessee, and I’m weighing two options: either selling my house and using the proceeds to buy a duplex in Overland Park or Wichita with my partners, or keeping the house for another 3 years, transferring it to our LLC, and renting out the entire property to maximize its rental potential ( $1400-$1600 ) I currently owe $200k on the property with a 6.5% interest rate, and my monthly payment is between ($1,700-$1800).