Jason Merchey
APR vs. a Minimum Return on Private Money Loan
I have just begun to look into possibly loaning money on a flip, and I am a little surprised to learn that the going rate seems to be 10-13% and that it is annualized instead of by the flip. In other words, at 10% APR...
Jeremy Tillotson
Why is Everyone Using Transnational Funding You Dont Need IT
Okay first I am writing this in response to a few post I have read. Secondly you must read this post all the way through, and most important I am not a attorney nor giving legal advice. I hear about transnational fund...
Pat Arneson
Deed of Trust and Note for Private Lender?
I have an opportunity to raise capital with a private individual at a flat interest-only rate as a way to reduce interest charges and eliminate origination and service fees. I'm looking for ways I can "protect" this p...
Katie DeLorme
Tenant broke lease, didnt pay rent, and now wants to sue
Im not sure what to do at this point. I have exhausted several thousand dollars in attorney fees and many hours tending to this situation. We have a tenant who moved in the 1st of May and in the third week of May the ...
Robert Burciul
ONT- Buying a property with month to month tenants. New lease?
Hi friends, I’m having a lot of difficulty finding a solid answer on this....I purchased a property with month to month tenants who have been living in the property for about 5 years. Over those five years they’ve had...
Kevin Bonner
Motivated for out of state purchase
Hi! Finally in a place where I have financing available and motivated to purchase out of state.Goal is to keep purchase price down (lower risk intro purchase) and secure some connections in the potential market.Lookin...
Michael Mignogno
Who is responsible for destruction to property, the PM or Owner
Hello Everyone, Recently in one of my STR homes, the tenants cause major destruction to the property. It looks like they rented it for 2 days and went wild. Holes in walls, broken bathtubs, smoking weeds in the hous...
Amy Solomon
My plan WAS to get several family/friend investors to lend to me Personallly (or my llc) unsecured money....SEC issues?
I THOUGHT I had a good idea, but now reading about SEC I am not sure. I am working hard right now on my business plan and investment proposal because my plan is to ask for loans from some people I know who have mo...
Cinnamon Johnson
First time landlord end of Lease issues, please help.
Tenant wants to know how much her last month's rent is. I use Zillow and it's showing the full amount which is $1250. However. Tenant's lease was from 10/17/22-10/16/23. Should it be pro-rated or the full amount? She ...
Yulia Kaygorodtseva
Prorating first month rent
Hello, landlord gurus! :)How do you prorate rent and what do you collect if your rent starts on March 10 for example? rent for 20 days? or 20 days plus 30 days?what if rent starts on March 20th, would you collect 10 ...