Albert Johnson
Tenant threatening landlord
14 July 2024 | 12 replies
We told them they can leave aa long as they give us proper notice according to lease..but they are continuing their nonsense. 10 months left on lease
Ashley Hadford
Rent or sell my home? Help me decide
11 July 2024 | 12 replies
If we rent our house out, the tenant would likely cover our entire mortgage, but our HOA costs are high (they were raised a lot recently).
Kevin Duong
House hacking with mid-term rentals?
12 July 2024 | 4 replies
@Kevin DuongShort-Stay Rentals (STR) can bring in a lot of cash but also come with high costs for when guests come and go and tough rules.
Linda Roberts
Early Move-Out and Key Return Process. When the Lease Ends?
14 July 2024 | 6 replies
If both agree, it seems like a win-win as the new tenant gets to move their stuff in over a few weeks and the old tenant doesn't have to pay the full month's rent.
Alexander Cameron
Avoid LeasingToBuy by John Jackson
14 July 2024 | 26 replies
So , exactly what makes his training a must and what is the total cost?
Michael Griffith
Cary, NC completed condo flip
14 July 2024 | 0 replies
Flipped in 2 months for a 45k profit Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Chris Williams
Building a Team
15 July 2024 | 19 replies
The other 9 are looking for unicorns(purchase for 100k, ARV of 500k, rent for 5k a month).
Garrett Mathis
Property Management Software confusion
12 July 2024 | 5 replies
We track most things manually, but use Apartments.com for the units currently occupied (adding more units in our portfolio will incur the Apartments.com premium cost, so I want to explore my options if software is no longer free).
Deandre Brown
Idea on first deal.
11 July 2024 | 9 replies
I am a new investor and have been exploring deals in a few markets outside my area for the past month and a half.
Priestley Leng
Understanding Construction Loan Terms
13 July 2024 | 2 replies
Draw schedule to be agreed upon prior to closing.Term: 1 YearFee to Lender: 2.5 points – ($13,125 paid at closing from loan proceeds).Interest Rate: 11.5% Interest-Only billed monthly on outstanding balance.Interest Reserve: $15,000 – approximately 6 months interest, paid at closing from loan proceeds.Once interest reserves are depleted, borrower to make interest-only payments monthly.Pre-Payment Penalty: Should loan be paid off prior to interest reserve funds being depleted, a pre-payment penalty will be charged equal to the amount remaining in interest reserves at time of payoff.Loan 2: Loan amount 490,530.60Lender Points: 3%broker points: 1%rate: 11.99%Term: 12 months (interest only)Prepayment penalty: NoneProcessing fee needs to be wired before LOI can be issued