Demarco Brown
Transnational Funding cover closing cost & price of home?
I have a deal under contract that has a no assignment clause, so i am forced to double close and use transactional funding, which i know will cut into my profit. My questions is do i also have to come out of pocket f...
Brian Felser
Sell or force equity?
I have a rental in California w/ a 2/1 & an ADU on same property.Getting $ 1500mo. For front house & $795 for ADU. Original loan is owner finance210k bal. @5.25% got a Heloc for 65k to add 1bd. & 1ba. To f...
Tom R.
How many pets would you allow?
I have an applicant that wants to bring 4 pets to to my 1000 sq ft house. 1 medium, 1 small dogs and 2 cats. Its got a big yard but I am worried that it is too many pets for the size of the house. What are your limits?
Danny Ondik
Corporation before my first property?
After reading "Rich Dad Poor Dad," I have learned more about why corporation will help someone protect their money from taxes when owning a business. If I am planning on owning multiple properties in the future, is it...
Account Closed
Towed due to property management negligence
Hello, I need some help from you guys.3-4 days ago, I went to the office telling them that I've just bought a new car and needed to make sure I can park in the property. The office lady gave me a guest pass. I told he...
Ryan Esaki
What to do with Capex savings?
My brother and I inherited 2 rental properties that are fully paid off. They bring in around $1850 in gross rents. They're not new houses so I've been budgeting for capex stuff, but I'm not sure how to handle the mone...
William Taylor
How long to wait before firing/going to another contractor?
I initially hired this contractor ~4 months ago. He has been doing great work, and we are close to the end (last 10% probably). I have only paid him ~35%, as we had an agreement due to tight budgets, and he would be r...
Hegsdery Gret
Is it useful to setup a Wyoming LLC
I have been reading what different people say about starting an LLC. SOme say do not use an LLC and only use liability and umbrella insurance. Other think setting up an LLC in the state where the real estate is . Othe...
Account Closed
Asbestos - What's your experience?
Hello Friends!I recently purchased a 1000sqft home that I will be renovating to use as a rental. I want to make sure my employees and tenants are as safe as possible and worry (maybe too much!) about potential asbesto...
Mike Mefferd
Common Area Flooring for Apt Building Recommendations
I'm looking for recommendations for the best type of flooring to install in the common area entry ways of my apartment building. Currently the entryways are an eye sore with 1980's tile and I'm trying to figure out wh...