Sarah Pratt
Appraiser paid for 24 turn around time - now it's 10 days later
You guys, I'm about to go crazy. I'm selling a SFH (mobile home) in the Fort Worth, Texas metroplex. We have an agent, got an offer quickly, and everything was going fine until the appraisal time. When the buyer's ...
Cassie Chun
Should I Offer to Extend Rent Due Date?
I’ve noticed that one of my tenants consistently pays the rent on the 5th of each month. My lease states that rent is due on the 1st of the month with a 3 day grace period (this tenant specifically asked for 3 days). ...
Sandra Ruiz
First Time Working With Notes
Hello Everyone,
I am a new investor and I have a client that wants to sell a hard money loan.
The current loan amount is $180,000 and it has 120 payments left. It is currently at 12% interest and she wants 8%. She a...
Sarah Lewis
Two months security deposit, too much?
Should I start charging two months rent, the maximum legal amount in California, for the security deposit before a tenant moves in? Or, will that be too much and scare off potential tenants?Previously, I've always ask...
Tom Hertz
Rental Property Purchased with IRA
I would like to purchase a property with funds from my IRA to use as a rental property. I know there are rules regarding who I can and cannot rent to (like family members). I would like to do a lot of the managemen...
Frank Z.
Load bearing wall removal
Hi,
I’m in the Atlanta area and am having trouble finding a reliable contractor who can remove a load bearing wall.
I have one estimate and i was hoping to get feedback as to whether or not it’s a good price.
It’...
Account Closed
Securities Lawyer for raising money to fix n flip
I am a fix n fliper looking for a securities lawyer. I am guessing I will need one if I am having private people lend on my projects? My understanding is that when raising money for a large multi-family project a sy...
Dom Battezzato
How to get motivated seller leads
I am an absentee owner. I get direct mailers daily from cash buyers. I had a conversation with a cash buyer today and they asked me "what would you sell your property for?" My number was way over fair market value. He...
Rafal Soltysek
Investing in Las Vegas
Are there any small investors here, who invest in properties in Vegas Valley? I don't mean BIG Guys with cash in suitcases .... what's worth to take a look at in this area/market ???.... was thinking of buying 2 ren...
Mike Welch
Managing PM's: Questionable Repair Charges
On my recent property statement, I've noticed a charge I think looks ridiculous. I'm wondering how experienced property owners who work with PM's would handle this matter.
I acquired and rehabbed my first property i...