Kim Handelman
Condo Rental - Call me crazy but I don't see a downside!
I can hear the gasps as I sit here and type. I'm currently wholesaling to raise capitol to invest in buy and hold and I've noticed this weird little niche market here in CT. Wondering if anyone could weigh in on wheth...
Chris Schroeder
Buying a Section 8 Property from a Wholesaler
Hello,I have acquired a few properties before but never have I acquired one from a wholesaler nor have I owned a Section 8 property. I never intended to get a Section 8 property but a deal was sent to me by a wholesa...
Stanley Nguyen
Tax on private lending fund
I have been lending funds to a close friend of mine for a rate of 8%. I got a 1099-INT from him to file my tax, which I paid a big portion out of 8% (effectively around 6% after paying the gov). Is there a better wa...
Nicholas DeGaetani
Tenants got my property condemned - do I evict?
[RANT] My tentants (1 college student + 2 young working professionals) were tired of waiting for my plumber to fix a sewage smell - it took a series of months to complete root cause analysis, so they took matters into...
Avery Carl
Airbnb to Contribute $250M to Hosts Affected by COVID 19
Wanted to share this with you guys as Airbnb is finally giving the hosts a break on the extenuating circumstances policy enacted this month in relation to COVID 19. In a nutshell, they are giving hosts 25% of what we ...
Kristin Kiddy
Non-Legal Apartment- What's Your Take?
Hi All! I am a new"ish" investor and looking for my second rental property. In my area I see a lot of "Mother In-Law" apartments and other non-legal 1 bedroom tack ons... often these are garage conversions. Are the...
So Da
Watch-outs for Non-Warrantable Properties
I am in contract on a condo in Ohio that is in a non-warrantable complex due (I think - need to confirm) to the fact that the owner occupancy to rental occupancy ratio being too low. This would be my first time deali...
An Nguyen
Converting 2nd home to rental property
Hi everyone! I purchased a second home 3 months out of state to be able to visit my parents more. However, we are currently thinking it's better to move them to California to live with me. What are my options if I don...
Sameer S.
Reputed lender not initiating Appraisal
3 weeks ago I got into a purchase contract for buying a property. We are underwriting approved loan from a reputed bank/lender (under the 10% down program). Further to which, bank initiated the expedite appraisal to t...
Tony C.
Apartment Due Dilligence Turns Up Missing Occupancy Permits
Investors, I’m in the processes of purchasing an apartment building and during my diligence period, I've turned up over half of the tenants do not have occupancy permits on file with the local agency. The previous PM...