Malia Domingo
STR (min stay 30 days) occupancy in highly desirable areas?
In the area of my property the city has zoned out any STR under 30 days, but I did a little research and there are a few operating in the larger “no STR zones” but have a min occupancy stipulation of 30 day minimum st...
Casandra M.
Tenant Rights Apply - Wisconsin Specific
We have an accepted offer on a place that was occupied in 1 unit, the other unit empty. After the accepted offer, before closing, the current owner signed a new 1-year lease through October 2019 at an under-market rat...
Chad Bauer
FHA 2nd appraisal...who pays for it?
As most investors know about the FHA 90 day flip rule then you know about the 2nd appraisal stip as well. Per FHA guidelines the buyer can't pay for this...but in my case the last 3 lenders that I've dealt with have ...
Lori J Walsh
Tenant signed lease then backed out 2 weeks before moving in
Just 2 weeks before the tenant was supposed to move in as a roommate to another tenant, they advised that they had changed their mind. I've offered the option of 3 months rent as opposed to the full 12 months as woul...
Sara Ribble
Guidance on How to Finance First Deal
Hi there!A little background: I started getting serious about REI this year. I made the decision to sell my home that I had bought 2/2020 and made about an 80% return on my investment into the property taking into acc...
Travis Beatty
Seller-financing inherited property within the family
Has anyone ever done seller financing with an inherited property within your family? My grandfather passed last year, and I have inherited 1/3 of his estate, my parents have the other 2/3. I told my parents that I wan...
Joe Minteer
Looking for some financial guidance on my first BRRR with an HML
Some info first. This isn't my first rodeo, I have bought and sold SFH via the traditional route: use my VA or pay 20% and get a home. So I do have cash to purchase this home, but my CFO (wife) has tossed a wrench ...
Leeroy Ayala
Rental Rate Increase
Short details of the story. We had an employee, he recently quit the family business without a two weeks notice. He just didn't show up. One of the perks was allowing him to stay in our rental for $950 per month. His ...
Dustin Ruhl
Why Investors Should Hope For The Best But Prepare For The Worst
People who are willing to invest in a business are generally upbeat, optimistic and excited by new possibilities. All this positivity can make one a little reckless. It is important to remain level headed when looki...
Mike Cahill
Hard Money for Down Payment
Is it possible to use a hard money lender for a down payment? Has anyone done that to obtain 100% financing or close to 100% financing?