James McCormick
Business Plan Advice
5 June 2020 | 5 replies
Essentially setting me up with around 13 or 14 units that are paid off.
Matthew R.
Homestyle Lenders / Contractors in Boston
5 June 2020 | 4 replies
The Homestyle is very similar to the 203k with the timelines, processes, paperwork, etc.
Brad Haddow
Petty Landlordcharging 260$
9 June 2020 | 2 replies
As this money is NEEDED/ESSENTIAL for leaving the country I would also like to get views from other landlords.
Danual Berkley
Owner Financing for Unit Bought in Cash
6 June 2020 | 4 replies
Have an attorney draw up the paperwork and close using escrow.
Greg Scott
Can Wholesalers work with iBuyers?
19 June 2020 | 4 replies
Though with Express Offers, agents can essentially act as wholesalers by looking for off market properties and offering to bring cash offers.
Brittany H.
Architect trying to get into RE
8 June 2020 | 8 replies
Essentially, investors are betting on the fact that NYC will always be a desirable place to live.
Jessica Flint
sending tenant late rent notice
11 June 2020 | 4 replies
At the Federal level, Section 4024 of the CARES Act prohibits "legal action to recover possession of the covered dwelling from the tenant for nonpayment of rent or other fees or charges" or the charging of "fees, penalties, or other charges to the tenant related to such nonpayment of rent" on covered properties (which is essentially any property tied in any way to the Federal government: i.e. a mortgage backed by FHA, VA, or sold on the secondary market to Fannie/Freddie, receiving Section 8, etc etc).
James Santana
Real estate agent questions
7 June 2020 | 2 replies
Hey @James Santana, when I started I looked at how other people conducted their business and tried to essentially copy their models.
Elgin Carnes
Renovation Material for rental property
7 June 2020 | 4 replies
I used Lowes on my first several rehabs, but once I started getting more into it, I met people who told me about my now cabinet and counter supplier that is better quality for 1/3 the price since they don't have a show room and only work with industry professionals essentially.
Alex Lunsford
House Hacking advice
13 June 2020 | 15 replies
We left one room open by choice to take things slowly, but we plan on filling it soon.We were able to fill the 4 rooms before our first mortgage payment and our tenants all signed 6-month leases.We collect $3210 in rent every month and pay our own utilities, so we cashflow about $300-$400 while living in our own home.If we rented out the final room ($800) and included our rent savings ($800), we could essentially be getting paid ~$2K a month to live 10 min from downtown Denver.Don’t let people scare you.