Gail Smith
Bank rejected offers,must step aside and sell to end buyer, how can I collect a fee for work done?
I've been working with a homeowner since July. It's a rental property in poor condition in a great neighborhood. He evicted his tenant for non payment and I marketed the house @ $99K. (Assessed @ 145K) No takers, ne...
Evan Aagaard
Anyone tried using the Landlord Credit Bureau?
I'm considering signing up for a membership with the Landlord Credit Bureau to set up a new system for tenant screening and credit reporting their rent payments. Anyone else a member? They say on their site that the...
Megan Broom
FHA Loan vs. 5% Down Conventional for House Hacking
Hi everyone!
I am seeing that FHA has been commonly associated with house hacking. Is this simply for the lowest down payment possible? Would you still have to live in the property for a year with a 5% down conventio...
Andrew Hejtmanek
LLC Cash Out Refi - Can You Get 30 YR Amorization
Friends, My partner and I are currently rehabbing a property in Tulsa, Oklahoma. We will have pretty good equity in the property when completed. We would prefer to hold the SFR for 2-5 years, but banks I have spoken ...
Eran Withana
Finding a CPA for REI
I listened to Amanda Han in BP podcast and also read "Tax Free Wealth" by Tom Wheelwright. I just signed contracts for my first two rental properties in OK and LA. I also have W-2 income. I was trying to find a CPA an...
Francis Choi
Representing myself as a first time home buyer?
I am a first time home buyer, and I am on track on obtaining my RE agent license by end of this year. I am planning to purchase a home in the suburbs in the first half of 2024, and to represent myself on the first pur...
Kaven L.
Should a PM walk the property before dispatching a plumber?
We pay a PM to manage a SFH, and this past week we received a $1k bill from a plumber for fixing the washing machine drain pan. I'm a little frustrated because from the plumbing bill I don't understand what exactly wa...
Account Closed
Structuring JV deal with home owner
Hi everyone,A client of mine wants to sell her property and the house currently has about 85 % equity. A contractor left a mess in the basement and I don't think it will be passing FHA. I suggested her to pull a HELOC...
Mark Christensen
7 Plex in Utah.. financing
I have a 7 plex in Utah under contract and in the process of rehab.. should be done by Jan 1st.. THEN I need to finance it as currently it is owner finance and my rehab money.. what is the best financing and where? I ...
Bob Floss II
Floors vs Cabinets Debate
I need an opinion from disinterested party......I’m involved with a debate between contractors. One is telling me to put in the floating engineered hardwood that will go throughout the first floor before anything else...