David Sotomayor
Seeking Advice: Using a Cosigner for Fix & Flip
2 February 2025 | 4 replies
There is well developed case law that points to a guarantor having to receive a benefit in order for the lender to hold them accountable in the event of a default etc.
Isadore Nelson
Help Non-Paying Tenant Transition Into Section 8 Eligibility?
28 January 2025 | 15 replies
Upon verification, the Landlord will pay you $2,000 cash, and both parties will sign a receipt acknowledging that your account has been settled.
Patricia Andriolo-Bull
Thoughts on Host Tools
24 January 2025 | 10 replies
It forces me to call VRBO to reset the account but luckily they are easy to get a hold of and fix.
Andrew Self
Mortgage Lenders for LLC
18 January 2025 | 11 replies
Where I am running into an issue is there is a delinquent account on my credit history.
Basit Siddiqi
Investing in Spain: Good idea for non-residents(Americans)?
23 January 2025 | 31 replies
I think most successful investors would tell you that, while you need to take tax into account in your decisions, you shouldn't make a decision based on that alone.
Abraham Garza
1acre with 4 manufactured homes for rent is it a good deal? Newbie
21 January 2025 | 1 reply
I recently came across 1 acre asking for 314k in a very good residential and growing location, so the current owner has added 4 manufactured homes with 4 electrical meters, 4 septic tanks and only 1 water meter for all 4 homes, the homes are sitting on partial slab and partial pier & beam, he also added 2 storage sheds approx. 380sqft with the intention to make them ADUs they are still only the shell so I would have to get those ready to live in, so currently the 4 manufactured homes are being rented and bringing in 2800k a month, 3 of the homes are needing some TLC which could increment rents and possibly get me at 3600k a month, also being a 1ac lot this still leaves about 12,000sqft of raw land where you could build etc.So that is on the good side now the things I did not like so much, the lay out is poorly executed to where it makes it looked crammed up and not professional but it could be fixed.Another is that in reality there is only 4 livable units so that qualifies under a conventional loan but since they're are 6 units on the property the banks are wanting to take it as a commercial so we would have to move out the 2 storage sheds out in order to close as conventional.Another concern, technically you are only allowed to have one manufactured house or single wide in your property according to what I know but I know it could change according to zoning which I will investigate, so my question is has all this been accounted for and if so how can I verify it so it wont leave me in a bind further down the road, I currently asked my agent for the appraisal of the property to see if that might verify.Any recommendations?
Nick M.
Michigan Sales/lodging tax collection and payment
16 January 2025 | 7 replies
I just set up my vrbo account and still some finer details about planning the communication, cleaning service, maintenance persons, etc…
Daniel M.
Mid-term rental research- What should I look for?
9 January 2025 | 6 replies
If there are people there will be a need for MTR-- getting your location, unit size and pricing to align is the magic sauce.
William J Anderson
Introduction and Seeking Advice on T-12s
27 December 2024 | 8 replies
If so, as @Brandon Weis mentioned, they come in all "shapes & sizes".You'll get more assistance if you post an example here and ask more specific questions about it:)
Todd M.
Inheriting tenants and no move-in inspection
26 January 2025 | 5 replies
If it concerns you that much, adjust the purchase price to take into account this added risk.