Dean OMalley
My First BRRRR Deal - SFR to Triplex in San Diego
Investment Info:
Single-family residence other investment.
Purchase price: $455,000
Cash invested: $865,000
My first BRRRR deal. Purchased an 800 sq ft 2bd/1ba single-family residence for $455k in 20...
Lisa Craig
How to handle security deposit when one roommate moved out?
I have a condo I rent out in Michigan. I rented it to 2 roommates and the lease is up at the end of July. Back in February they were not getting along and one of the roommates just up and moved out without notice to...
Colton T.
Equity Split Question on MF New Build
Hi, I'm looking for some advice on how to structure a new build apartment deal.
Total Development Cost - $13,000,000Equity Required - $2,600,000 (20%)
My Investment - $1,100,000
Partner Investment - $1,500,000I'...
Samuel Eddinger
Have you ever had to deal with a fair housing violation claim?
To summarize this long post, it is a fair housing violation for landlords to actually be conscious of the source of income type when making a decision to rent a property but once it is rented, we better recognize imme...
Kevin Lefeuvre
On VRBO, have you chosen damage protection or deposit? Why?
My thoughts:Damage Protection:Goods: The total cash paid by the guest at the time of the booking is less. Makes your property more accessible (at least on the surface).Bad: Has a cost which is not used most of the tim...
Bienes Raices
Do your applicants have trouble coming up with the move in monies?
I'm asking $995 first month's rent, + $795 security deposit, so total about $1800 to move in. I don't know if most tenants have this much cash available at once, and if I'm being reasonable (I did already make the dep...
Darren S.
Seller did not turn over last month's rent at closing
HiI just closed on my first property, a duplex that I intend to move into, and it seems the sellers did not turn over all monies at closing. After closing I went to go speak with my new tenants to introduce myself, I ...
Carl Miller
Tracking Tenant Deposits and Refunds
How do most landlords track tenant security deposits and refunds? Do people just use a pencil and paper or is there specialized software for this? Or is there a third hidden option?
Harry D Johnson
wholesaling
What should the conversation sound like when you are speaking to the seller and should you let them know when when you are introducing yourself that you're a wholesaler?
Carl Graff
Screening Selection Criteria and big thank you
For of all thank you all for this great site that has made me so aware of the importance of doing things correctly. I particular I have (based upon the advice and input of others) created a Screening Criteria with sco...