Andre Hammond
New Property Owner Real Estate Imvestor
22 May 2024 | 14 replies
You could refer the person to the state attorneys office because they knowingly had no intention of paying rent (or security) in that case.You may want to stay away from credit card payments since there can be a dispute by the renter for up to 6 months.
David Chwaszczewski
Setting up a eQRP vs. SDIRA
21 May 2024 | 138 replies
Aside from the fact that I control my money and don’t pay fees for using it - I also avoid UDFI tax which is triggered by UBIT in syndicated deals.
Mohit Arora
Tenant wants to break the lease before lease start date
21 May 2024 | 12 replies
I checked the lease created through Zillow that does not show up any option for reletting but what I am aware (done it few times when one of my other property was managed by a property manager) is tenant could pay reletting fees (typically one month rental) that allows property to be re-listed.
Rodney Clark
Best way to Deploy $30-40k Capital
19 May 2024 | 9 replies
Also get sellers credit to not have to pay as much closing cost!
Abigail Chapman
Buying my first rental - inspection & AC
21 May 2024 | 3 replies
If you are skimping on the buy, you will have a property that needs a lot of maintenance and it's clear you don't want to pay for it.
Nathan Grubb
Electric Stove/Oven Recommendations?
22 May 2024 | 18 replies
I agree with paying attention to the DB but sometimes you will have limited options.
Travis Schmidt
Padsplit pros and cons
19 May 2024 | 15 replies
Airbnb you just call the police and they are gone.Padsplit simililarily to airbnb, site selction is very important.
Kelvin He
Will putting my properties in an LLC lower my DTI ratio?
22 May 2024 | 5 replies
@Kelvin HeSome things to consider:Transfer Taxes: Some jurisdictions impose transfer taxes when property ownership changes, even if it's to an LLC you own.Due-on-Sale Clause: Check your current mortgage agreement for a due-on-sale clause, which might require you to pay off the mortgage if the property is transferred to an LLC.
John Haelig
Cashing Out in NJ - Sell, Hold or DST?
21 May 2024 | 10 replies
For 30 years it’s been a never-ending supply of tenants who are almost never home and always pay on time.Why would I want to get out?
Alex Kenny
Future Planning Advice
21 May 2024 | 8 replies
Pay your house off then only buy investment properties in cash.