Udayabagya Halim
How to get in touch with a Wholesaler in LA?
I'm looking for a property to flip, and I've heard that getting in touch with a wholesaler might be a good idea. I've been looking for a property and still haven't found one.How can one find a wholesaler in Los Angeles?
Nick Gagel
Amending rent due from 12th to 1st of month in middle of contract
I currently have my rent due on the 12th of each month. Mortgage is due on the first. I now know it is better to have that date be the 1st of each month. 2- What is the best way to go about doing this without losing o...
Patrick Britton
HOA and rental restrictions
Hi,I'm the listing agent for a condo whose HOA is making a rather unusual demand. They are "requiring" that all sales be made to owner occupants only, no more investors, no more landlords. Normally, if in the condo'...
Andre Alves
High DTI- have assets to use as collateral but can’t get loan
I have been investing in RE for the past 3 years now. It’s been a great journey! However, I’m stuck now.
My debt to income is high and I can’t get any new loans.
I currently have 2 properties in Orlando Florida, fre...
Sean Salandy
Will using HELOC lower my credit score?
I am planning to use my HELOC to purchase a property. The plan is to then refinance the property once the seasoning period is over and then pay off the balance of the HELOC and do the process over again. My question i...
Jon Magnusson
Rent was due yesterday
Hi all,Here's a quick one: I have had a tenant in for about 5 months now (on a 1 yr lease) and they have always been early with the rents. This month they have not paid (was due yesterday). Late fee kicks in in 5 d...
Jason Johnson
Which item would you want in your vacation rental?
Hey everyone! We have a vacation rental in northern Utah up in Bear Lake. Currently we have a ping pong table and a basketball shootout in the basement. We will be converting the basement in to two rooms. There really...
Jeremy Benezra
Seller hid a defect, what should I do?
TL;DR – I bought a house and the seller hid a defect, do I have legal standing to ask the seller for help with the repair costs?Full story – I purchased a house in March as my new primary residence. I am a licensed g...
Joe Scott
Tax return size --- an audit flag?
Is having a ton of rental properties & installment sales in a massive 1040 tax return - an IRS audit flag?? I have about 60 rentals and 25 installment sales. I'm continuing to add more over time. Most are cheapie ...
Chad Clark
SFH into Duplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $125,000
Cash invested: $120,000
First try at turning a single family home into a duplex while going through...