Account Closed
HELP!!! Need to Terminate Lease BEFORE Tenant Moves In... (longish post)
Hi BP-- This is my first post. Well, my first everything actually. I've screened and approved my first tenant on my first investment property (duplex). Here's a brief rundown on the situation:During the lease signing ...
Brent Huling
My appraiser gave details to the seller
I am in the middle of purchasing a home as a fix and flip rehab loan. The ARV did not come in at value and the lender is asking for $50k more out of my pocket. I wasn't feeling comfortable with the deal and was deba...
Zachary Harr
Long Time Lurker, Introduction
Hello,37yoM living in LCOL area Midwest. I'm a PA and wife is an OTA. Current income is around 450k on W2s. I max out 403B. Going to begin maxing Backdoor Roth this year. Hold some VTSAX. Homeowner. Looking to begin d...
Erin Kelly
What is your take on Reverse Wholesaling?
I have been reading a ton of information on Wholesaling. Reverse Wholesaling seems smarter than traditionally Wholesaling - buying a property, then finding an investor.Is there a right way or wrong way to Wholesale?W...
Adam Schwery
Insurance coverage outside the norm?
I am in the insurance business and am wondering what is becoming more desirable to property owners? For example, most policies include the standard Replacement Cost Coverage, Loss of Rent/Income Coverage, Equipment B...
Tyler Labelle
Late again and today is the day to kick her out or not
So this tenant is a pain in my butt as she's always weeks late. SC has a 5 day pay or quit so i posted the letter on the 6th. I went down there in person to address a leaking toilet and of course she promised to pay...
Deanna McCormick
Terms of Sales Contract,, loss of rental income if closing fails
Has anyone done a loss of rental income clause on a property if the buyer fails to close and backs out.Example.. Rental property 4 units all are on month to month and buyer may request that property is vacant as of da...
Shaun Inniss
Transfer Investment to LLC
Hello,Is anybody familiar with how to transfer an investment property from your personal name over into an LLC? Thanks
Allen Yang
(L.A.) Rental Property Purchase w/Tenants
Looking to purchase multi-family properties in Los Angeles. Seeing a lot of properties that have current tenants that would come with the purchase - thoughts on this?
LORETTA E.
LLC for 55+ condo
My mother is turning 65 this year and is no longer able to work because of health reasons. Her montly condo association fees are starting to take a real bite out of her measly SS check.
We live in the capita...