Andrew Campolattano
Will a blanket mortgage allow me to get more conventional loans?
21 March 2024 | 2 replies
I have 8 rental properties financed through conventional loans and I’m having issues getting more.
Marlene Kasanga
New to fix & flip
21 March 2024 | 10 replies
These tend to be mostly cosmetic interior rehabs (not always but usually) and you can usually avoid the big hidden issues that single family homes can have (structural, environmental, plumbing etc).
Adam M.
Unusual Tenant Issue-- What would you do?
18 March 2024 | 8 replies
We have been very fortunate in our RE careers to not have any serious issues with tenants at our properties.
Shoshana Shulman
HOA running a scam....
21 March 2024 | 7 replies
I told them that I wanted to see repair bills etc. and proof that the issue is actually solved.
Alisha Canfield
How to Send a 1099 Without an Address
21 March 2024 | 1 reply
And what do I do if he doesn’t answer or avoids giving me this info (I have read other people saying this was an issue for them)?
Dan Stelter
Where to start for an introvert with no/little money?
20 March 2024 | 11 replies
I am currently in the process of leasing up a vacant property we’ve been renovating however and that has SIGNIFICANTLY increased the amount of people time that I have had recently so for you if that is a huge issue I would not recommend getting involved with any vacant properties that involve total lease ups or else you might just prefer utilizing a property manager.
LaShanti Penn
Investing in a duplex
20 March 2024 | 12 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Phil B.
Interior damage caused by current tenant - Renew lease or not?
21 March 2024 | 8 replies
We send our contractor over to quote the project and he reports issues of damage.
Kristina Jensen
Tax deduction when using Reward Points for travel
20 March 2024 | 19 replies
However, you can deduct any expenses you have while at your destination that are directly related to your business."
Richard Moreno
Refinancing with no seasoning period
20 March 2024 | 9 replies
Or is that even an issue seeing that renovation started a year ago?