Ananth Subramanian
Post eviction: Collecting Judgment amount
16 January 2025 | 8 replies
Wage garnishment , attach any bank accounts , and or vehicles
Paul Novak
Small & Mighty Real Estate Investing
21 January 2025 | 14 replies
As you can see by the attached photo I am tracking current cash flow as well as what my cash flow would be if my properties were fully paid off.
Jeff Ryan
Mobile home purchase (on rented lot) for single family home investment
6 January 2025 | 14 replies
This is a 'nicer' mobile home, double wide, 1998, shaped / looks more like a 'house', attached garage, on a very beautiful private lot.
Mak K.
Tenant lied and has a dog on first month of lease -Texas
16 January 2025 | 8 replies
Ask for its breed, weight, and name, and have them attach a picture.- Make the application part of the lease, with the stipulation that if they've lied in the application or in the lease, they can be evicted.- Tell them they have to provide documentation of the animals service / emotional support (as allowed by your local ordinances), and that they have to provide documentation that the animal is current with its inoculations, etc. as well as its local license before you'll permit the animal in the unit.- Tell them they'll have to provide you with a copy of their renter's insurance naming you as additional named insured, with a minimum of (I use $300,000) liability insurance, also before they move into the unit.It's not perfect, but it's a start toward a tenant transparency.
Kayla Elliott
What is the best loan strategy for this buy and hold?
23 January 2025 | 6 replies
Given your assumptions, you are not going to be able to get enough of a loan to fully cover the rehab, even with a hard money loan, so you'll need to pull in cash from elsewhere.One possibility is to have your mom sell you the house with a personal loan, not one attached to the property.
Chris Summons
Contracts for Sub Contractors to Sign
14 January 2025 | 4 replies
Scope of WorkThe Subcontractor agrees to perform the following work (“Scope of Work”):Detailed description of tasks and responsibilities.Exclusions: [List any exclusions here].Materials to be provided by: [Contractor/Subcontractor].Reference drawings or plans: [Attach if applicable].2.
Torianne Baley
Letter of Intent with Loan Fee - Is this Legit
2 January 2025 | 19 replies
I love this site and all the professionals that give away free advice with no strings attached.
Zhong Zhang
a multifamily investment case analysis
19 January 2025 | 6 replies
Hi @Zhong ZhangI ran some numbers for you and attached the picture below.
Angus Brooks
Tax Implications for Refinancing a Property in an LLC and Distributing Funds
16 January 2025 | 12 replies
In a very simplified example, 33.33% of the interest expense on this loan ($500k distributed / $1.5m loan balance) is now attached to the boat(s).
Joe Gettler
Pursue Monthly Rental in San Francisco with my 3 unit?
2 January 2025 | 11 replies
If you are not attached to the duplex, could be a good time to sell to developers who want to convert to individual condo units.