Kenneth Blacow
Commercial Lender Package Examples/Suggestions
This may be to general, but I have inherited a position in a commercial property and I am looking to buy out a family partner. It is a cash flowing property with no debt and I want to approach some lenders. I would li...
Account Closed
FHA 203K and HomePath Renovation questions
Do these loans cover 'all' types of renovations OR just 'some' renovations. Example: Let's say I want to convert a 2bdrm into a 4bdrm by turning a porch and a dining room into legal bedrooms (they would meet legal...
Rishita Tiwari
Tenants with service dogs
Dear Community,
I was having an interesting discussion with another landlord on the real estate partners discord (https://discord.gg/pKh34Yu3PM) regarding tenants having service dogs. So basically, some jurisdictions...
John K.
toilet runs for 6 hours, floods garage
I just had a toilet run for about 6 hours (tenant was gone) that happened to clog, came home to water dripping in the garage which is directly under the bathroom. We started drying out the area right away. I'm not s...
Derek Willis
Minimum tenant requirements
We have another rental coming to market soon and wondering what others are now using for minimum tenant requirements after everything that has happened in 2020 with the eviction moratorium.This property is in a class ...
Mark Kudlach jr.
Septic Tank Advice That Will Save you Money!
Hello BP,Figured I would provide some free advice that could save you an emergency rate call averaging from $125.00 to $450.00 sometimes more depending on which part of the country you live in. As a licensed septic in...
Chris R.
Son's Illness need to sell or convert? Use IRA$$?
We were hit with a bit of bad luck this year. Our grown son became ill and we are the caretakers, looks like it maybe long term. I'm 64, plan was to retire in 6 yrs. Finances are screwed due to medical et al. Debt $33...
Account Closed
Seller wants 75k through escrow and 75k cash to her
So I have a great off-market deal on the line, but have run into a head-scratcher.The seller owes 75k on the property to a private lender. We've agreed on a price of 150k. However, she's on social security and can't h...
Will Barnard
Health Savings Accounts
Has anyone used HSA's and if so, have you self-directed it and invested in RE? I have just recently come across this type of account and find it to be very beneficial to RE investors. It is similar to an IRA (which ca...
Ron Alexander
Being fully covered against Tenant Lawsuits / Rental Properties
Hello Everyone,I owned 3 single family homes,I used to rent 2 of them and decided to sell all of them to have money to go into flipping,the reason I decided to do this and quoting rentals is that I am OVER (maybe not....