Justin Dziedzic
Needy Tenant - first time landlord
Ok, first rental and first tenant. This forum has been a godsend in terms of helping me and my first-time landlord anxieties. So, I have my first tenant, everything checked out, she was qualified, etc. She has been in...
Jeremy Segermeister
Mortgage Forbearance Impacting Credit Score?
Hi All,
I still can't seem to get a clear answer on exactly how loan forbearance will impact credit reports (not scores). I understand it will not impact my score, however, banks will see that I am in forbearance (wh...
Christopher Erwin
How My Burst Pipes May Turn Into a 40+% CoC Return!
Re-Post from my BP Blog --> My recent tenant mishap led to burst pipes and thousands of $$ in plumbing, carpet, paint & cleaning. Worth it? 100% IMO...read on for why! All feedback is welcomed and encouraged.--...
Brett Riemensnider
Offer Accepted on First Rental Property!
Just got word yesterday that the seller accepted my offer on a 4plex! Very excited for my first move into real estate. The 4 units are a 3bed 1bath, a 1and 1, and two 2 and 1’s. I will be moving into the 1 and 1 and r...
Jesse Mundt
WHOLESALE questions
Hello everyone,I believe that experience is the best teacher, and since I don't have much yet in this industry I'm looking for responses from those that do.I understand the best way to generate leads and put a house u...
Rosston Smith
Subject To financing question
I'm looking for clarification on Subject to. When subject to financing is used, is the equity the seller has put into the property forfeit? Meaning, is the seller paid for the equity they have put in the property so f...
Ashton Karp
Home equity loans to avoid capital gains upon sale
I am not in a position to act on this question but am genuinely curious about its possibility. When it comes to capital gains tax, this is paid when selling an asset for a profit after any adjustments that can and are...
Jacky Fan
Refinance on single family house with MIL unit
I'm currently in a refinance road block. I rent out my single family house to 2 tenants since it has a MIL setup. However, the appraiser have a note that said zoning law prevent my home to be rented to multiple tena...
Nathan Shepard
First (Intentional) Investment
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $40,000
Cash invested: $20,000
First intentional investment purchase! Seller financed deal at $40,000 bathroom was ...
Bryce Till
Help with buy/hold on 1900 house
BP,
I have a potential deal on a SFH 3B 1B house built in 1900.
Listed Price $114K
The house has recently been rehabbed by a flipper but after a strong rain storm yesterday the house has a leak wi...