Rey Perez
EXPERT ADVICE WANTED ! - What Would You Tell Your Younger Self?
20 August 2020 | 1 reply
Father of two beautiful DADDY'S BOYS Which all I want to do is be the best I can.I have wholesaled 5 properties in the past, I've 9 years experienced customer service management, With that being said my question is I want to acquire a 4 / 3 unit occupy one rent out the others but for some reason ALL landlords I'm coming accross DO NOT WANT an FHA loan because they are a "pain in the you know what" as far as inspections for the seller.So what would be my best alternative...#1) Bring a money partner to help me quialify for a conventional loan?
Julie Hassett
An Ode to the Seasoned Landlord
20 August 2020 | 6 replies
Some of them are even true.Landlords are immersed in the human experience every day.Landlords are required to be a strange amalgamation of amatuer mathematician, contractor, lawyer, counselor, arbiter, designer, landscaper, mediator, administrator and bookkeeper.Landlords have watched the deal of a lifetime turn into an infinite chain of problems after the ink is dry and the money is long gone.
Mike Franco
getting started in BRRRR with $1M cash and $1M+ assets? leverage
6 September 2020 | 22 replies
, homes that were once a painful commute will become a much shorter drive.
Khanesia Washington
Looking for landlords/pm who have been victims of renter fraud
21 August 2020 | 2 replies
Im trying to make renting less of a pain for both renters and property managers.
Nick Causa
BRRR Appraisal Question
21 August 2020 | 1 reply
After the pain free $200k renovation process (sarcasm laid on thick here) which included gutting one of the units, adding a bedroom, bathroom and 305 square feet and upgrading the other unit cosmetically.
Alex Stewart
Tenant Lawsuit From Hell!
20 August 2020 | 1 reply
I have a tenant that moved into a small residential property of mine and even though we had rehabbed it, apparently we screwed up and didn’t get the proper permits pulled (honest mistake, whoops).Subsequently, the city determined the home shouldn’t have been occupied until we went through the permitting process again and therefore we asked the tenant to leave the premises indefinitely.After they left, we got a letter from an attorney the tenant retained demanding around $30k for pain and suffering, legal fees, moving costs, etc.I took the advice of my attorney and we went to court over it, as they literally wouldn’t settle, and at the time,it seemed like $30k for a house for a $800 a month house was highway robbery at best.This all started in 2017 believe it or not, and we are still no closer to having an actual day in court.
Anthony R.
Let's discuss the Heroes Act - Are you worried?
15 May 2020 | 26 replies
When all is said and done, the tenants that have saved up money freeloading for a year should have to pay the back-owed rent as a lump sum or have the judge stop the pain cycle immediately and give the landlord his unit back.
Dale Miller
70% of properties I look at online have..........
30 May 2020 | 14 replies
I know your pain Dale, but that's why it is so valuable to work with a realtor you like and trust who can go out and take a good first look.
Luis Alvarez
Ant tips on wholesaling a probate deal?
17 May 2020 | 3 replies
You'll have to negotiate with the PR when the PR has Letters of administration issued by the court.The title company will need proof that they represent the estate and and the date of qualification @Luis Alvarez
Katie Miller
Calling all retirees! I want your story
16 June 2020 | 60 replies
Why do I want to continue this pain and misery?"