Jon Lafferty
lower rent with 2 year lease
Hello I have a rental in a C to C- area in town and I am finding that the tenants are consistently late on rent. I think at the end of the day they just don't make enough money with rent making up about 40% of their m...
Manuel Savorelli
Has anyone used Al Aiello LLC Asset Protection plan?
Has anyone heard of Al Aiello and have they purchased his LLC asset protection course? Just saw a webinar and seemed very thorough and complete. Can anyone comment pro or contra this program?Thanks in advance
Miciah Furbay
Any advice on how to start out investing in Phoenix, AZ area?
Hi,I want to get started in real estate investing and so far I am mostly interested in long term rental properties and Multi-family properties. However, I am running into a lot of questions about how I will started in...
Michael Osborne
Are points worth it?
I am trying to determine if it is worth paying points down on my mortgage refinance. Basically the break even point is 37-38 months and it's a property I plan to keep long term as a rental. So I see not real reason no...
James Walker
Looking for lender recommendation in Texas
I have a house under contract, renter ready to move in and my lender is getting squirrelly on me and asking me to make changes to my tax return that I’m not super comfortable with and they are charging $6k in originat...
Patrick Britton
Am I understanding this deal correctly?
I am looking at buying a performing note in Fresno, CA. Outstanding balance is 26k and purchase price would also be $26k. House value is 175k. Payment amount is about $450/month. If I purchase this note for $26,00...
Jake E.
Selling Notes
So we currently hold property in Arlington, Tx. where I'm thinking about selling a note. To be honest, I've never sold one before and don't even know if I want to. I know everyone looks for discounts on everything we ...
Dave W.
Re-fi offer from our lender (Wachovia)
We currently have a pick-a-payment ARM. We're not behind in the payments, but are paying the minimum pymt, resulting in about $1k/mo being tacked onto our outstanding loan amount each month in deferred interest.
Our ...
Barney Davis
What’s the point in a lease?
I have a tenant that signed a two year lease and is wanting out after the first year due to a pregnant wife. I discounted the rent from $1400 to $1350 if they signed a two year lease. I have a $1350 deposit. This happ...
Arthur Banks
Changing grace period
I currently have a 5 day grace period in my lease. I'm considering changing It to 3 days. When an existing tenant renews are they "grandfathered" in at 5 days? Or can I have them sign an addendum stating the new 3 day...