Jeff Byrne
Being Discouraged by Family
10 February 2022 | 170 replies
Again, the house hack is hard to argue against when the rental part covers most or all of your mortgage.
Nikki Closser
HELP US! No rent to be paid for more than 6 months in Seattle!
5 June 2020 | 146 replies
Eviction legal process is extended, requiring longer notice times before a petition can even be filed at the court (at least 2 months to get a warrant) Judge can issue a stay of said warrant for UP TO ONE YEAR for "financial hardship", which includes inadequate child care.It's just really frustrating.
Jonathan Taylor
Send me your financing questions
15 October 2020 | 179 replies
Wraparound mortgage or all-inclusive trust deed (AITD)Property is located in Los AngelesSales price 3,800,000Down payment 950KSeller will give Buyer AITD for 2,850,000Current loan 2MSeller carry 850K Interest only 5% No prepayment penaltyBalloon in 24 months
Miriam De Haro
AC unit was stolen after final walkthrough and before I got keys
30 November 2020 | 32 replies
There is no reason they couldn't pay part or all of the $1250 from their commissions.
Damon Riley
Autumn Property Management (Michigan)
25 October 2023 | 52 replies
As an aside, RPM who is mentioned in the thread above does not have contractors for Detroit or all cities.
Nathan Smith
Suggestions on Partnership split with contractor on fix/flips
8 March 2023 | 25 replies
Contractors are not typically good at design or all the little details typically done by the owner or project manager.It is very unique to find someone who is both a contractor and investor who understands the investment dollar and race against time plus the design abilities.
Victoria Winters
Hotel Development - Anyone Involved in this business?
22 April 2015 | 4 replies
They will handle some or all of procurement depending on the company.
Joan Pla
How do you deal with tenants paying very low rent?
20 August 2018 | 11 replies
If the leases are month to month agreements then it would be incredibly easy to not renew their leases (one-by-one like @Sam Shueh recommended or all at the same time), rehab the units, and get them leased at the higher market rents.
Ben C.
New Jersey Real Estate Flipping Tax Implications
24 August 2017 | 7 replies
I was shocked to learn that the tax implications of flipping property in New Jersey could make it cost prohibitive (eat of most or all of the profit).