Pankaj Malik
Tenant threatening to sue and wants to extort money
19 January 2025 | 27 replies
Then interview them.Now, let's look at your issues:1) How did replacing a toilet result in a burst pipe and flood?
Alex Hileman
DSCR Lenders for Under $100k Purchase
6 January 2025 | 5 replies
I’m sure others here are also running into this issue, so any recommendations and referrals would be greatly appreciated!
Vijay Radhakrishnan
Positive experience with Rent to Retirement
9 January 2025 | 4 replies
No issues as of yet and the property management company has been great so far.
Chrissy Smyth
Rental in depresses area and minimum requirements
8 January 2025 | 3 replies
Both lost their homes because of the shuricanes and went into having credit issues because of this.
John Underwood
BOI requirements back on hold
6 January 2025 | 4 replies
“The merits panel now has the appeal, which remains expedited, and a briefing schedule will issue forthwith.
Jack Cottrell
Help me adjust my expectations - first deal pending
24 January 2025 | 36 replies
Is it a common issue for beginners to get a PM on board with only 1 property to manage to start?
Graham Lemly
Financing Strategies for house I want - Hard Money, Rehab or Conventional?
4 January 2025 | 1 reply
Here is some key information:Property recently hit the market and has 2 cash offers alreadyThe seller provided a pre-inspection report, which I shared with 2 different lenders, both think it may fail conventional financing due to potential structural and electrical issues (realtor thinks it could pass conventional)Seller has 100% equity but is behind on other payments (not sure of the urgency money is needed)This is my first attempt at an “investment” property so I’m new to thisI see 3 optionsMove forward with an offer using conventional loan pre-qualification-Not as attractive of an offer to the seller-Possibility that appraiser calls out structural/electrical issues that need to be fixed before closing, effectively causing financing to fail- Best terms and fewest loan fees for meUse a rehab style loan such as ChoiceRenovation-Even less attractive than a conventional offer to seller, but less risk of failed financing if appraiser calls out issues-Slightly worse fees and interest rates compared to conventional-Lenders tell me possibly up to 60-90 days closing in some cases, with red-tape for contractor requirements and draw schedules (sounds like the most hoops to jump through during rehab)Use a hard money lender-Most attractive loan option I can give to seller so I can compete-Much higher fees and interest rate for me-need to refinance into a conventional at the end of rehab (not familiar with seasoning periods but I think this is a factor as well)Which option would you do?
Amanda Bradley
1 yr lease ending 2/2/2025
7 January 2025 | 5 replies
Turning the management of the rental over to a property manager can relive a lot of these issues.
Keira Hamilton
What I Learned from Owning and Selling a Laundromat – Exploring a Different Asset Cla
6 January 2025 | 31 replies
We were fortunate in that we didn’t have too many issues with crime.
Ji Yang
Has anyone done business with Four Peaks Capital?
19 January 2025 | 56 replies
Its good to see that there are no issues at this point.