John Cantey
Told after closing that the tenant is being evicted
I closed on a property, with the assumption that I would be getting prorated rent and the security deposit. I only received half the security deposit and no rent. They let me know that the tenant was being evicted, co...
Mariel Painter-Chapman
Small Multifamily- Occupancy Permit Problems
Hi all,Reaching out to see if anyone had any insight or experience with anything similar. Haven't had much luck or direction yet, and I'm sorry the post is so long! Wondering if this certificate of occupancy thing is ...
Artiom Bic
Buying Section 8 Properties
Hi everyone! I am thinking of buying a few section 8 properties and heard that Memphis is a pretty good market. Would anyone be able to give me some guidance in terms of the steps I should take and things I should be ...
Matt Huber
Not going to renew lease - any notice required?
Hello! I have a SFR in Sacramento that I'm planning to sell after the lease expires. Is there any specific requirement to give the tenants notice that I won't be renewing the lease? (It's NOT in a rent controlled area...
Natasha Pollock
Looking to purchase a house hack with creative financing in SA
Hi everyone,I recently moved to San Antonio from Southern California to pursue the dream of financial freedom through real estate investing. I had hoped to utilize a low-down owner occupant loan (FHA 203k) in order to...
Brandon Stiles
Questions about using LLC for flips...
I know I need to sit down and talk to an accountant before moving forward but I was hoping someone could help clarify a few things for me.I'm planning on creating an LLC for house flipping. Mainly so I can elect to be...
Adiel Arvizu
Looking for help in buying a multifamily with positive cashflow
Objective: Use an FHA loan to buy a multi-family property somewhere around Jersey City Heights and finance the down-payment and closing costs with either a private loan or a gift which I intend on paying back.Requirem...
Rick Im
Tax deductions after refinaning a rental property
I have two questions regarding mortgage interest tax deductions.
First, last year, I purchased a HUD property at a significant discount and used a $70,000 HELOC from my primary residence for the down payment. I under...
Isaac Braun
Tenant quit job and is leaving before lease is up
My tenant is going through a divorce and has decided to quit their job and leave the property. The lease isn't up until May 2019. What is the best plan of action legally. This was a very qualified tenant with grea...
Kyle Lauriano
Seeking a Large Multi-Family Apartment Deal, Yet Don't Have Much
All,I am interested in going into a large deal (16+ units) opposed to a small MFA deal. How can a young, eager minded individual like myself get into these market deals when my capital is less than 100k? Is this even ...