Jared Forman
Property Fraudulently Sold to Me.
I live in Phila PA and last month I purchased a property for $60,000 using hard money from a wholesaler. At the closing table the wholesaler brought someone who he claimed was the seller. She provided her id and signe...
Jarrod Pettit
What does it take to attract private investors now?
I've made my career in raising private capital and deploying it unleveraged into C class rental properties and recently for the last 3 years into Mobile Home Parks. Very conservative model that typically pays 12-15...
P.J. Bremner
BRRRR Ohio - Lenders or Credit Unions or Brokers, Oh my!
So I'm currently in negotiations with my first couple of properties in Ohio and I'm looking to implement the BRRRR strategy. I have a couple great candidates for property management, an awesome contractor and a very ...
Gary Parilis
cash-out refi --> BRRRR --> delayed financing... A problem?
I have pulled capital out of my existing properties to fund new deals. I have enough to cover cash purchase + rehab for a typical deal, and plan to recycle the funds for multiple deals. My objective it to BRRRR with c...
Callum K.
Repayment of 2008 first time home buyer tax credit
In 2008 I purchased my first home and qualified for the $7500 tax credit loan that requires a repayment over the next 15 years. I made the $500 payment in 2010 and 2011 but in 2012 I converted my home to a rental pro...
Astrid Dymond
Applicant offers to pre-pay a year's rent in cash
I just had a prospective tenant tell me that he would want to pre-pay the yearly rental fee in cash upfront because "that is just the way he does business." My gut tells me that this is a red flag. I would still scr...
Tyler Bobo
Collecting on a tenant who left state?
Tenant left state. I have their address, and they owe me about $2500 after damages and back rent. I'm in Alaska, and will be sending her the security deposit statement tomorrow. If they don't pay I can sue them in ...
Bitsy Voloskie
How do I buy with cash?
Ok so here is what I need to know..Im buying a property with cash, what do I need to do to get the title transferred to me? I know I need to get a title search done but then what? Do we Need to go to a real estate att...
Rory Kinnear
Starting REI with low income, high capital
Hi folks, I've been researching how to get started with REI (house-hacking/duplex, or SFR with roommates), and am wondering what sort of strategies people use when starting off with lower income but high starting capi...
Marcus Johnson
Murder inclusion in Minneapolis
So this is directly from the City of Minneapolis website where the Renter Protection Ordinance was passed unanimously by the City Council and will go into effect June 2020. Please read, because apparently as a Landlo...