CJ B.
Raising Rent On Good Long Term Tenants (cost vs. benefit)
21 July 2021 | 20 replies
I’m giving her a letter next month with a 6 month notice, she’s month to month, GREAT TENANT, I just didn’t want to hit her before the holidays, that unfortunately I have to increase rent about $200… see we’re it goes like someone said ever with my $200 increase it’s still cheaper than anywhere else she could find
Jonathan Cook
Making offer on first property, a 4-plex. Anything I'm missing?
19 July 2021 | 2 replies
I usually carry 5% of the gross rental income for each of the first two items, and the utilities piece varies depending on location and the building.
Scott Pillsbury
Am I going to lose my Earnest Money?
20 July 2021 | 11 replies
We went over this many, many times and I wrote a letter explaining my work history working as a yoga instructor and volunteering my time to get my hours to get certified.
Michael Williams
Questions for Hard Money Lenders
20 July 2021 | 3 replies
Will you issue a "proof of funds" letter or prequalification letter?
Braath Waate
Assigning 1031 basis in a subdivided property used as a home
20 July 2021 | 4 replies
When you bought the property in the 1031 your basis in the old property was carried forward into the new property and it would have been allocated between land (not depreciable) and building (depreciable) by your accountant.
Adam Frantz
LLC funding for first property
10 August 2021 | 8 replies
You can start to get into hyper technical strategies which are more what I'd call an owner carrying back a lease option or taking a deal down; subject to these types of strategies the risk element goes up especially on sub 2 deals.
Bryce Hacker
New Investor Looking For Creative Strategies to Finance a Duplex
10 August 2021 | 7 replies
Secondly, in this type of market, it's best to get the owner to carry.
Neil Martin
How much time invested before starting out
28 July 2021 | 14 replies
For the 97.00 I got probably 40 hours of training, all of the docs and cold call scripts, and yellow card and yellow letter wording I need.
Andrew Semler
What are the five best skills to focus on for a newbie
23 July 2021 | 48 replies
I also worked in the university writing center both during my schooling and a little post graduation, so I'm fair on the English end (so long as I'm using a full size screen and a real keyboard- thumbs and tiny letters do me no favors).I have worked off and on in home repair/renovation for family for most of my life (houses ranging from new construction to a 160 year old victorian).
Account Closed
Who Do You Use to Get Rentals to Pay?
20 July 2021 | 6 replies
Bouncers don't carry their stuff out, the sheriff's department does.