Christopher Cannon
Taking over existing tenants
Buying a duplex that already has one lease and one month to month on it. Rent is way below market. How do I go about taking over the leases, acquiring the security deposits that were made, and possibly raising rents a...
John D.
Trafficmaster Allure Vinyl plank issues
I've put the trafficmaster allure vinyl planks in a few homes now - the version with the grip strip edge. We just has a tenant from the first place we did a year ago let us know these floors have warped, bubbled, and...
Rich Weese
Galapagos Islands
In Quito after a great week in Galapagos. Travel back home manana. What a magnificent place to visit! I'm not some enviro wacko and not that much into nature, but WOW! What a fantastic place to go. So many creatures t...
M S
Subj To Write Off
I am starting my first subj to deal and its going to be for my own residence. Since the mortgage is still under the other persons name, how am I entitled or am I even entitled to the interest tax write off my taxes ne...
Jason Ballesteros
My brain hurts from all of the knowledge!!!!!
Hello All. I am new to the board, just signed up a few days ago. I am already learning so many things that I never knew existed in the real estate investment market. My father and I have purchased a few REO homes a...
Jacob Hannawa
Comprehensive, Dynamic Multifamily (Apartment) Financial Model
Hello everybody,My name is Jacob, and I have several years of extensive financial modeling experience with multifamily properties and other commercial real estate assets ranging from $4M to $100M in size. Through work...
Robbie Case
Refinancing in order to separate two lots
I have two lots recorded under one deed and financed under one mortgage. Lot #9 has my home, and lot #10 (my back yard) is empty. I want to build a second home on the empty lot as a rent house. I am looking to refinan...
Sam Ricochet
990-T UBIT for SDIRA with LLC
My first post out here. Learnt a lot from just search and reading through. Great place to learn!. Thanks!Here is my story:Me : SDIRA(IraServices) --> My LLC(EIN 1)Wife: SDIRA(IraServices) -->Wife LLC(EIN 2)Bough...
Chris Olandese
Tenant threatened to move out
So I just bought my first property (4 unit multi family). One of the existing tenants (On a M2M) asked me about the new rental rates I’m planning, and when I told her of the increase she immediately said she would be ...
Rob Hakes
What the heck just happened.......
Hey BP! Ive owned a property for 16 years with almost no problems. Now in the last 48 hours I find myself in a total and literal quagmire. I know I will need to get some legal advice, but I am really looking for so...