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Realtor accidentally listed one of my properties on the market instead of for rent (one I had put a lot of work into) and the offers were well above what I expected. Could have sold with a 60kish profit but it was a m...
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I had a co-worker who would get a home warranty like American Home Shield etc and put hose on each of his rentals. If anything broke or there was any issue he instructed the tenant to call the warranty company to com...
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Hi everyone,My wife and I have been wanting to buy a place in NC for STR / personal use a couple times a year to visit my family. We saw an off-market listing on Facebook in a local market type of group. 2 red flags r...
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I bought a rental duplex in Lakewood, Ohio for 250k back in 2021 when I was living in Cleveland. I now live back in New York so I'm using a property manager to handle the rental. Since then it seems like my property h...
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My partner (he's a finance guy) ran the numbers on some of the city owned apartment complexes up for sale. From both of our stand points, the numbers make sense. These buildings are burned out, filled with trash, an...
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Hi all - I’m starting up a lending business, all was going fairly well until I was told by all the banks in my area that they “are unable to establish a bank account for anything that is financially related.” Have al...
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To me, this is not a discrimination issue it is a protecting my neighbors and other tenants thing. Can you be straight up honest with your tenants and others in saying if you or others have Felony convictions that inc...
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Having a hard time finding info on Biden’s tax plan on long term capital gains. I see he’s Proposing basically doubling the rate for the 20% bracket. Does anyone know if his proposal effects the 0 and 15% bracket?
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Great Article by JJ PawlowskiWhen Applying For A Hard Money Loan, Keep Your LTVs As Low As Reasonably Possible. Here's Why...When applying for a hard money loan, keep your LTVs as low as reasonably possible. Doing so ...
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So we found what could have been our first deal. Everything checked out and we were ready to move forward. After talking to multiple lenders we quickly discovered that conventional lenders are not set up to deal with ...