Steve Rozenberg
Sticking to Your Lease Agreement
Why Do You Think it is Important to Stick to Your Lease Agreement as a Landlord?
Dale Foster II
How does a Newbie Gain Funding ???
I've heard all the same things...Need 10%, need previous deals, need to be JV'd, ask relative for money..
Some of us don't have family with money to lend. Building this business from scratch, I only wanted to be a wh...
Sean F.
Getting under contract now, to close in June?
Hello everyone,
I sent out some yellow letters to absentee owners in a small neighborhood I am interested in purchasing in for my primary residence. I received a call from a seller that wants to sell FSBO but they n...
Tyler Jordison
FHA Owner Occupied, when am I required to move in?
Hi All, If I use an FHA owner occupied loan to finance a 2, 3, or 4-plex property that has current renters and valid leases, when do I have to move in so that I do not violate the guidelines of the owner occupied loan...
Gary Dezoysa
Property Manager: Custom instruction for acceptance of payments?
Hi,
I'd like to establish an auto-bill for rent payments on the tenant's paycheck paydate. The first month he may pay a pro-rated amount.
My question is about dealing with property managers. Are they generally o...
Brian Kantor
Pros/cons of SPVs (Special Purpose Vehicles)?
Hi, there. Some partners and I are looking to acquire a run-down motel, renovate it and repurpose as more of a modern lodging experience.For context, my background to date has been in buy/hold SFHs and a duplex STR.Wh...
Bill Kenny
Taking on existing tenants.. best approach?
I am in the process of buying two duplexes that will come with existing tenants. The rents are currently below the market rent... What is the best approach to make it a win / win and get the rents up? If at all pos...
Colby Wherry
Material Participation STR for Tax Purposes
Hello,I have read the requirements to qualify for material participation on an STR, but I only see info on hours/ work preformed. Are there stipulations on having a full time job, or a threshold of how much income you...
Anna Gordon
STR with midterm request
My STR has been live for about 9 months and I’m happy where it’s currently at. I have a guest that wants to stay for about 3 months while their home is getting built in the area of my STR. They have stayed with me be...
George Formento
Marked-up title insurance commitments
I have the opportunity to do a deal where I will be able to buy a property at a reduced price only if I make it happen within the next 2-3 days. My problem is the following: The seller bought the property from HUD and...