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Results (10000)
Susan Tan Split Half the Downpayment w/ a Business Partner?
16 July 2020 | 8 replies

I have a creative financing idea that I want to run by you all. What is your feedback on the legal & tax ramifications?I'm planning to buy a rent-ready vacant fourplex in Cincinnati, OH. I don't have enough cash f...

Jake Roland Buying mobile homes for rentals
5 April 2019 | 7 replies

Does anyone invest in mobile homes to use as rentals? (Not an entire MHP) What's your experience with the ROI vs depreciation vs repair costs, etc?

Travis Silva LLC vs. Liability Insurance for a rental + managing investment
7 August 2020 | 4 replies

Hey All - I am officially brand new to being a landlord. As of this past weekend, I had my first tenant move in. Being my first rental, I've utilized a local PM company that has pretty reasonable rates, and they got m...

Xang Yang loan structure for a multifamily or house deal
10 December 2016 | 4 replies

Hello, I am currently approved for a FHA 150k at 3.5% down with a interest rate of 3.75%. I am wonderinfg if for example, instead, do a FHA 203k loan, or conventional loan for the purhase price of 115k. Borrow 45k fro...

Jack B. Do you pool reserves for all your properties?
31 December 2016 | 3 replies

For example, I set aside a specific amount for each rental. Each year it comes out to about 7,500 in reserves to cover vacancy, maintenance, for each of a small handful of rentals (let's say 3). It's really rare I hav...

Randall Cornelison Ice Storm Damage in Oklahoma City
25 January 2021 | 9 replies

Hello all,
I got a letter (haven't seen it yet, tenant received it) supposedly from the electric company wishing to charge me $5000 for their having to do electric repair.  This sounds extremely fishy to me.  Anyone ...

Joseph Bagley Semi Successful COVID Fix and Flip
15 December 2021 | 9 replies

Investment Info:
Single-family residence fix & flip investment in Southern Pines.

Purchase price: $63,000

Sale price: $207,000

Our first flip and during the peak of COVID. I even deployed for ...

Brandon Rush Buying a property with the owner behind on her mortgage
12 January 2021 | 4 replies

Hello Friends,I am working an off market deal in Connecticut which the owner is behind on her mortgage payments. If I heard her right, she said $20k behind. I do not have confirmation on how much the current mortgage ...

Daniel D. Grand Rapids Market Questions (upkeep, vacancy, etc)
24 July 2021 | 5 replies

Hello my name is Dan. I’m current living in AZ but I grew up in East Lansing.

I’m looking to start in the GR investment property market.

The first thing I’ve noticed was how old these houses are. This is much d...

George Pan How do I give a written notice to tenants?
9 May 2014 | 6 replies

Hello,

I'd like to not renew the lease on my current tenants.
Based on my lease, if I don't want to renew I must give my tenants 30 days written notice prior to the end of the lease.
Now, how do I make su...