So a few Army buddies and I each chipped in 10k each to buy rental properties under an LLC. As the years have gone by it appears the "buddy" that runs it has been lieing to us and we dont own the properties that he sa...
I'm sure all the "flippers" out there read the subject and said, "That's not true!". I would say it all depends. The reason I'm writing this is because as I was speaking with a "short sale expert", she informed me t...
Hi, I just leased to a new tenant (six-month lease) and the tenant has moved into the premises this month. Without my knowledge and consent, the tenant brought in a pit bull (or similar breed). I discovered the pet wh...
Hello, I have been researching loans and financing options and discovered that many lenders will let borrowers put a lot less than 20% down on a property, given that they get PMI. Now, this sounds great for investor...
I posted earlier this week about a lot that came up in Charleston.. my realtor ( who is awesome) e mails me at a little at 10pm her time.. new lot on a little street I have already built two homes on and have been wil...
So, I'm staring at David Greene's BRRRR book right now pg 232...Seasoning Period
"Many lenders don't want to finance something right after an investor buys it. This is because they want to make sure the property is ...
I’ve been told twice now that using my primary residence as my first rental property would be a good move. I’ve thought about it and I’m starting to agree, I would just like some feedback on the approach I want to tak...
Hello everyone. So last year I bought a 7 units apt for 1.06 million dollars. Everything looks great on paper. Bought it with 3% seller financing on a 8% cap. What could go wrong right? Only thing is I didn’t check wi...