Nicky Venditti
Inheriting a tenant paying under market value
I'm in contract for my first rental property in the Buffalo area and will be inheriting a tenant who is currently paying way under market value. Property is a side by side duplex (each unit is 900sq ft, 2bdrm/ 1ba) On...
Bryan C.
Cashout Refinance, Sell, or keep??? Great Falls Montana SFR
Ok so I am seeking your thoughts concerning my Single family rental (SFR) in Great Falls Montana.......Should I choose Option A, B, C or D?Before you can decide you need some info...Purchased property Aug 2010 for $15...
Mark Beekman
Will Credit Limit Increase Hurt My FICO?
I know that opening a new line of credit will hurt my FICO in the short-run, but will raising my credit limit on an existing credit card have the same effect? Would it count as "new credit"?
Catherine Frederick
Purchasing first condo but concerned with future negative cash flow
Hello everyone - I'm seeking advice:I'm finally at a point where I can purchase my first entry level condo in Los Angeles County. I will likely want to live in the home for two years to avoid long term capital gains b...
Patrick C. Bellamy
BRRRR, Appraisal, and Renovations
Last year, I made an off-market house purchase next door to me to start a BRRRR in an A quality tenant area. The seller/neighbor was interested in selling but staying as the tenant. We worked out a sale price and ren...
Sam Leon
Buyer wants to change buyer name to an LLC last minute
Selling a property and went under contract in early July scheduled to close in two weeks.So far all contingencies have been met and suddenly the buyer wants to sign an addendum for a name change from "John Doe" to "wh...
Syed Khalid Jamal
Planning my second purchase
Hi! I am new to real estate investing. So far, I have bought one house with my brother, who lives there. Now, I am planning to buy a second house for cashflow. I have $150 cash (for 20%, renovations, etc). Had a discu...
Ken Nyczaj
Splitting a SFH into two dwellings in Maryland
Hello everyone,
One of the houses I’ve had my eye on lately has the potential to be split into two separate dwellings. Currently, the house is a 4 bed 1.5 bath. And the back master bedroom was an addition built on at...
Clay Manship
Rental Portfolio: How Do I Protect Myself?
HI All-
I am in the midst of closing on my first deal, which will be the first of hopefully many units to be a part of my rental portfolio. However, in the closing of my first unit, I am putting the property ...
Thomas Kambadzi
Please clarify my Real Estate Math
I am seeking a second opinion on whether I am doing this right. If I am looking for properties that pass the 1% rule, say for example the property is going to cost a hypothetical figure of $1M, it means I should be ab...