Account Closed
Due On Sale Being Called!!
I did a loan assumption that is currently a GIANT pain in the ass. I’m here to share my story for whatever that’s worth.
Over a year ago I did a wrap around mortgage on a place here in Phoenix at 3.5% over 27 years. ...
Rafael Norat
What's your WHY???
Shock, Anger, Denial, Depression, and Acceptance…These are the 5 stages people go through during a traumatic event.About 2 years ago, I had my traumatic event when a family member’s health took a serious turn for the ...
Jeff L.
Do I need to hire an attorney to create an LLC?
I need to create an LLC for financing as well as liability reasons. This thread isn't about the pros and cons of forming an LLC.Rather, my question is:Should I hire an attorney to do it "right", or is it good enough f...
Alex Gershbeyn
The term "crowdfunding" hijacked
As I read posts, comments, reviews, etc about crowdfunding, I am increasingly coming to a swift realization. And it is that most people have hijacked the term "crowdfunding" and use it almost synonymously to mean "inv...
Tiara Murray
What Happens When you Want to Sell Your Real Estate Business?
I've been looking into the future lately, maybe 5 or 10 years down the road. I was wondering what happens when I want to sell my real estate business. Lets say I've built up enough business to net around $3 to $5 Mill...
Karen Bickford
Do you ever feel like a predator?
As investors we are always looking for a good deal as that is how we grow learn and hopefully prosper.I just logged off of the MLS feeling disgusted with myself for feeling like well, a predator. Googling an owner...
Marc Izquierdo
Speaking to one of the multiple denied applicants about denial
Hi Everyone,I am denying two applicants (co-applicants) that applied for one of my units. The two applicants are not married. I mainly communicate with one of the applicants. After I denied them, she is asking for ...
Nick Winikoff
Will companies with the Airbnb model move into the mainstream?
The popularity of Airbnb is not to be denied, but will it stay as the only major short-term rental company in the United States?
Bobby Larsen
What has caused 10-20% rent growth and will it last?
I don't think I've been this cautious in a long time. I think there are still good opportunities but some markets are just bonkers. I'll caveat this by saying it's not just real estate, all investable asset classes se...
Mark Forest
Define "service dog"
I have a strict no pet policy, but lately prospective tenants have been saying "but my dog is a service animal." Is there a legal definition in my state of Michigan of a service dog? I don't think I can even ask a pr...