Matthew Obenhaus
Buying and immediately evicting tenants in Texas
Greetings everyone!I am looking at buying a 2 BDR with a triplex in the back. The real challenge with the buy and the reason it has sat on the market for 6 months is that the back tenants have trashed the place and ne...
Bret Rankin
Tenant property due to leak
One of my tenants alerted me of a water leak last week. She says the water damaged her bed. She is not even on the lease. Am I responsible for her bed?
John Thurmond
Timeline for Counter offer
I am in Florida and I just received an offer on a property I am selling (offer A). I countered a few hours later the same day. About 2-3 hours after that, I received another offer (offer B). Offer B is higher. In ...
Joe Capobianco
Am I able to refinance?
I purchased my SFR in 2017 for $150k. I have $100k left on the loan and have a couple questions regarding pulling cash out, changing the loan and closing costs. Making things easier let’s just assume my home didn’t in...
Peter Kostas
Section 8 Approval Pre purchase?
Had a question regarding section 8 approval. I want to rent a prospective home under section 8. I am trying to ensure the house I am looking at is turnkey (good shape), in hopes that it would be approved under S8. The...
Jack D Falkner
Determining Earnest Deposits
I am a real estate investor in the San Diego area. I am just getting started on wholesaling properties and am currently finding off market deals. I will soon have to give an earnest deposit soon and was wondering how ...
Joel Gierbolini
How to protect my asset besides using an LLC or Corporation?
I have plan on buying a duplex and house hack by renting one side and Airbnb the other side. The plan was to purchase the duplex and than put it under an LLC to protect my asset. I was told I can't because I would be ...
Erik Carrion
Collecting the assignment fee
Scenario: you've got a house under contract and have located a buyer. You've brought the assignment of contract which stipulates your fee and the %age you expect up front. Do you even have to be at closing in order to...
Dawn Anastasi
Roth 401(k) - information on loans/withdrawals
I currently have a 401k through my full-time employer and have 6 rentals on the side. I have read some information on BP and other sites about taking money out of one's 401k or using some type of self-directed IRA.
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Mariah Sanchez
Whats the word again?
I am trying to word an email correctly, and only remember hearing the term used once before. I am trying to find the word for when you have say a 30 year fixed rate, with the stipulation that by say year ten the entir...