Christian Pichardo
New Investor in TROUBLE - Carrying costs since April 2024
27 December 2024 | 34 replies
Income tax refund (forced savings account where govt keeps your interest) gives them the cash they need for first month's rent + security deposit.10) Realities of S8: most tenants no longer have 100% of rent paid by the program.- Good luck getting them to pay their portion for the duration of their lease- Be careful including utilities in the rent as they then won't care about a running toilet resulting in a $500 water bill.- S8 tenants don['t want to pay application fees- S8 tenants cry broke about paying security deposits- S8 tenants in the program for 10+ years claim ignoreance on filling out their paperwork because they've learned a desperate landlord will do it for them.If you want a S8 tenant, you MUST advertise on www.AffordableHousing.com
Joseph Kirk
Advice on entering the fix & flip industry
5 January 2025 | 17 replies
It’s my brother and 2 good friends that have some experience. the money lender would be a family member of mine lending out of their self directed IRA so they will be lenient with us.
Jerell Edmonds
Spilt utlities or add another meter ??
1 January 2025 | 12 replies
That said, utilities that aren't directly attributed to a unit can be a pain in the neck because everyone is sure that the other unit(s) are using more power than they are.
Connor Castillo
Student Rental Timming
19 December 2024 | 4 replies
And in a few months, you will be in a good position to crank up your cash flow.We start advertising 4 months before the next school cycle with hopes of having signed leases and deposits at least 2-3 months before they move in.
Don Konipol
How to Avoid LARGE Loses in Passive Investing
15 January 2025 | 24 replies
That's especially true if you're buying properties directly, or investing by yourself in a private equity real estate investment.
Rob Dallek
Transferring title on a property received as a beneficiary from a self directed 401k
9 December 2024 | 1 reply
My late wife and I held joint interests in a piece of real estate in our separate individual self directed 401k accounts.
Tiarnan Gormley
Nearly 18 and need advice on REI while i'm away overseas!!!! HELP!!
25 January 2025 | 24 replies
Send me a direct message and I will point you in the right direction.All the best.
Nick McCandless
Turnkey Real Estate Investments
17 December 2024 | 22 replies
Also I agree buy direct through turnkey provider or broker.
Sunil Kale
Missed 11 month warranty - no communication from tenant
16 December 2024 | 19 replies
Landlords can enter a tenant's property for a variety of reasons, including: Making repairs or replacements Responding to a tenant's request Removing unauthorized window coverings Preventing waste of utilities Changing filters, testing, or replacing smoke detector batteries Inspections Helping with an emergency inside the unit Posting a notice of eviction"Research your state laws because some of your comments indicate a lack of understanding of the landlord/tenant laws where you are operating (like threatening the tenants to keep the security deposit if they don't respond to you, I doubt that is actually a valid reason to keep their deposit, or evicting for late payments, or charging the tenants for your warranty repairs because you missed your 11 month inspection window which was your responsibility, and it looks like your lease says you can charge up to 18% interest for unpaid fees, is that actually legal?).
William F.
Open reviews on land investing programs
17 December 2024 | 13 replies
So my folks that I fund do the normal stuff SEO Direct Mail text and ( what I did) telemarketing.