Tim Porsche
My Planned 5 Year Path to Financial Freedom
Hi All,So below is my five year plan to reach a state of financial independence, where all my bills can be paid with (semi) passive rental income. Would love to get your opinions on how doable you think it is, or if y...
Joel DeLuca
401k loan for Down payment and contingency fund.
I have a 401k with a previous employer that will allow me to take a loan against. The company is a large multinational that is unlikely to change plans suddenly or be bought out.
I would be looking for conventional ...
Sam Simon
Suspected forged lease by tenants
Just wanted to see if anyone had additional input or ideas for this seemingly unique situation:I recently closed on a single family tenant occupied home with long term tenants. It is not governed by rent control. T...
Account Closed
Home inspection
Hello everyone,When buying a car a bad engine or transmission could be deal breaker for most. Which piece in a home would you say is equivalent? Something that is foundational and that will cost so much work that its ...
Sam Leon
Unique issue with a REO home preventing investigation
I have a REO home that I am interested in however there is a very unique situation.
On the outside of one corner the siding has rotted out completely and the home has been vacant for over 2 years. Roof leaks, termit...
Michael Sholtis
IRA Partnering Land Trust
I am in the process of partnering to buy a investment property with another party in WV. I have 1/2 of the funds in my IRA, he as the other half not in an IRA. I familiar with setting up trusts but have never used my ...
Joe Schaak
Advice needed on potential PML
Hoping to get some feedback about a potential lending opportunity:$130k used as downpayment and rehab funds4pts and 15% interest only for 8 months2nd lien position with signed personal guarantee30% of profit on sale o...
Jennifer Ridgeway
Are real estate investors interested in short sales??
Hi all. Well we are living in FL near Jacksonville and we are having to do a short sale on our house. It is valued at 50,000 less than what we paid for it a couple years ago. We are now selling it for 145,000 which i...
Sean Boyle
Rental Property Turnover Maintenance Items
I'm looking for some feedback on the typical items that are done to a property during turnover to a new tenant. I have a rental property in Charlotte, NC and I've had a property management company in place since the ...
Samantha M.
Locating Property Management Companies
Hey everyone I am wanting to transition my rentals over to a Property Management company. The problem is I am having difficult locating them.
The way I have been searching is opening up google maps, entering in my zi...