Gabriel Peryam
Excited to Join the Community!
27 January 2025 | 3 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
Dean Sexton
New to real estate investing. Quick question
15 January 2025 | 3 replies
If every rental listing has a washer dryer included that market expects it and you should have them there.
Hitanshu Shah
PM has breached contract; legal options for Out of State Investor?
15 January 2025 | 7 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
Denise Carringer
Owner financing payment tracking app?
21 January 2025 | 18 replies
Quote from @Beth Johnson: We pass all loan servicing charges through to the borrower including set-up fee, monthly fees, and any servicing charges such as payoff demand generation, and loan close out fees.
Jim Lynch
Minimum "boxes to check" for tenant screening, assuming you are self-managing
31 January 2025 | 6 replies
I recommend you include some of your key qualification criteria in the advertisement.
Kiryl Ulanovich
Step by step process for fix and flipping
30 January 2025 | 5 replies
@Kiryl Ulanovich,You're on the right track:Get Pre-Approval from Hard Money Lender – Know your terms and limits upfront.Find a Deal Through a Wholesaler – Verify numbers and ensure it meets your criteria.Review the Assignment of Contract – Confirm terms, earnest money, and contingencies.Conduct Due Diligence – This includes an inspection (if allowed), verifying ARV, and rehab estimates.Submit to Hard Money Lender for Final Approval – Lender will review title, contract, and property condition.Title Search & Clear Any Issues – Ensure a clean title before closing.Close Through Title Company – Finalize funding and take ownership.Consider also lining up contractors early for a smooth transition into renovations.
Robert Williams
Tenant Request to Refund Pet Deposit for the Holidays —How Would You Handle This?
3 January 2025 | 12 replies
Returning the pet deposit early would have required a home inspection during the holiday break, which would have been inconvenient for us.
Brittney Yang
How To Structure A Partnership For Duplex Investment
29 January 2025 | 7 replies
Include a buyout clause allowing you to transition to sole ownership after two years, based on a pre-determined valuation formula or market value.Use an LLC to hold the property for liability protection and pass-through taxation, ensuring both partners benefit from depreciation to offset rental income.
Heidi Braunhardt
Downtown Fort Lauderdale Duplex Buy & Hold - Long Term & AIRBNB
26 January 2025 | 1 reply
After all expenses, including PITI, we net on average $700/month.
Don Konipol
How Large a Part of Your Total Assets is Real Estate?
23 January 2025 | 4 replies
If we include investments in mortgage loans (trust deeds), real estate partnerships, REITs as well as direct property ownership, I’m at about 80%.