Dalton Thornsberry
Cash Out Roughly $170k Equity in SFR to Purchase Multi-Family in OOS or Other?
I purchased a SFR (condo) in 2017 for around $130,000. I currently still owe around $111,000 on this property. Rents are $1475 per month and it cash flows about $250 per month after all management expenses, HOA, maint...
Patty C.
Private Money Lending in Columbus, Ohio For The Long Term
Hello! I need some help in figuring out how to help a friend's family with small children live in a safer neighborhood. (The person I know applied for a loan and everything was going smoothly. The bank seems to be pu...
Kelvin K.
Do you escrow your taxes and insurance?
For those of you with buy and hold rentals. Do you escrow your taxes and insurance as part of your monthly mortgage payments?
Or do you keep this money aside, such as in a savings account?
Brandon Ely
Scenario involving Set Backs, Taxing Districts and Consolitation
Hi all,I have a scenario that I would like to run by the forum members to determine if there are any next steps I can use:In 2014, I bought a small 50 X 50 lot in Coeur d Alene, ID. The purchase transaction was throug...
Allan Pilapil
PG&E bill was over $400 - what to do??
Hey BP,I’m 3 months into renting out my first property. I rent out by the rooms and charge a flat monthly fee while I take care of utilities. The PG&E bill has been over $400 and PG&E said its mainly the heate...
Bryce Bradshaw
Need help achieving Goals!
Hey friends
Currently I feel like I am having trouble with setting and keeping track of goals I want to achieve both in real estate and self improvement. I was wondering what books or other resources you could recomm...
Brandon Turner
Grace Periods? Rent extensions? What do you do?
Do you allow grace periods? Like, "rent is due on the first of the month but considered late after the 5th".
We have a 5 day grace period in our lease - but because of it, no one pays till the 5th of the month. Eve...
Troy Grudin
Is Turnkey A Good Place To Start?
This is my first question of many. As I have just started to look into real estate investing. It seems that a turnkey provider might be a good place to start. I have come across a few horror stories. So I know tha...
Brandy Anderson
Being a long distance land lord is no big deal these days!
I am just posting to say how cool this service is that I just learned about. I had turned over management of my rental property in Nashville a couple of years ago because I was tired of being a long distance land lord...
Mason Keith
Conflicted during due dilligence inspection
This post is long, you've been warned.
Here is the orginal deal:
Purchase - $75,000
Down - $18,750
Mortgage - $56,250 ($285/month @ 4.5%)
Here's where things get a little more difficul...