Michael Silverman
First time real estate investor, venturing into long dis. rentals
15 October 2020 | 21 replies
We went through a few property managers, one stole all of the tenant's security deposits, was taken to court and lost his licenses.
Fayyaz Bhinde
Bought a house in personal Name, want to sell from LLC...no?yes?
20 October 2020 | 5 replies
What is the best way to proceed after this sale?
Rob Newsom
Bad idea to buy father-in-law's condo?
13 October 2020 | 1 reply
I guess if I was to proceed with the thought experiment, I would then sell the property immediately at market value and hopefully make about $100k.
Arijit De
Refi Cashout - Make Sense for this?
16 October 2020 | 15 replies
Am trying to gauge if it makes sense to proceed or keep as is.Average ARV of properties: 140K-180KCurrent Loan Interest rates: 4%Refi ScenarioTotal Refi Cash amount: 68000 (Avg: 17K per property)Closing Cost that I will pay: 32600 (Avg: 8K per property)Monthly Payments: Total remains almost same due to lower interest ratesFifth property that I'll payoff may result in additional $400 per month cashflow.I notice all the loan amount getting increased by almost 7K more than what I'm getting cashout amount.Does it make sense to proceed with Refi cashout for these properties?
Garnett Freeman II
What liens/judgements can prevent the sale of a property in Texas
14 October 2020 | 10 replies
@Garnett Freeman II Not unless they have gone to court and got a Judgment.
Sam Marks
Tenant hired maid service, didn't pay, now they want to sue me
14 October 2020 | 10 replies
I called the cleaning company and they said all services to the house go to the property owner of the house and that they were going to take me to court for a service my tenant initiated and I knew nothing about.
Paul Enzinger
Needing Investing Help!
14 October 2020 | 4 replies
Our medium-term goal is to purchase with the proceeds either 1 or 2 condos in Myrtle Beach, SC for short-term rentals or a larger mutli-family apt building in more or less the same area (not really dead set on the location) for more longer-term rentals.
Lynne Garris
I have a difficult situation on my hands
18 October 2020 | 12 replies
If so, there are ways to get the court to release the home or at least tie it up until the probate is finished.
Kelsey Mortimore
Lender Doesn’t Think I’ll Qualify with Part Time Jobs
14 October 2020 | 2 replies
How do I proceed?
Jerry Hodges
Estate property purchase
15 October 2020 | 8 replies
Possibly look into Probate Court records to see if there is a case or case pending.