Tommy C.
1031 and lease option?
hi, If the seller doesn't want to wait unit the 1031 exchange (the selling of the 1st house before buying 2nd), can a buyer use the lease option to secure the deal before the 1031 take place? I know there's some stric...
George Zink
private funding
looking for solution...winning bidder at cash only auction closing 5/2...purch 379,500...needs 100k rehab...ARV is 650k...I'm putting 190k personal $...borrowing 290k...private lender has agreed to fund but wants to e...
Tereal Wilsonn
Security deposit and last months rent
At the closing of an already rented property (duplex) of course the security deposit is transferred to the buyer does that mean the last months rent should've also been credited to the buyer ?
Brian V
How do you buy an owner occupied 4-plex?
Hi, my wife and I are retired living on Social Security.
Our income is $2,500 a month and we have $30,000 in savings.
We would like to buy a nice 4 unit building and live in one
of the units. However, I called some...
Brandon McDowell
Va refinance to conventional
After obtaining a property with va loan, how long do you have to wait to refinance to conventional
Jennifer Bowen
How to prevent a professional tenant
Good read. And it begs the question, if you're new to the game, how do you prevent professional tenants from moving in and taking advantage of your lack of experience? Indianapolis' worst renter owes thousands, but la...
John Thedford
How Much Security Deposit Is "Enough"? One Month? More?
After having recently being burned by a tenant that didn't pay the last months rent I decided to raise my security deposits. Previously, I was charging one months rent amount. Now I am charging about $500-$600 over th...
Jared Chenel
How did you approach the process of tenants?
I have a couple of questions about starting to look for tenants and general questions about them.
Do you have a lawyer draw up a solid lease agreement or do you do it yourself? Did you use a template for this?Where d...
Sada Rafi
How to handle returning Sec deposit to multi roomate situation
One out of 3 roommates is leaving and being replaced by another person. They each paid sec deposit and pay rent separately. There are some minor damages in the common area of this single family house they live in. Her...
Jose Corbera
Documenting expenses prior to renting out your unit.
Hi Everyone,I recently closed on my first investment property and have contracted a painter to do the entire interior. I also have a different handy-man fixing up things here and there. The problem I find myself in is...