I plan on calling my 401K company first thing Monday morning, but I was wondering if anyone on here had any experience with 401K loans? There is a property for sale in my neighborhood, 3 bed, 2 bath, 1000 sq ft fo...
Question for California multifamily landlords who have implemented RUBS to recoup utility costs. I have implemented a RUBs systems using Realpage to begin billing my tenants RUBs however several tenants refuse to pay ...
These are fatal errors. An investor who chronically makes these mistakes will not long be an investor.
The common mistakes made by experienced investors are a bit more subtle, but are perhaps even more damaging becau...
Hi All,
A few questions...
1. Does Virginia Residential Landlord Tenant Act Apply to Landlords that own fewer than 5 properties? I saw some older articles that said small landlords are not subject to the Act, but I...
I have to use the entire security deposit to cover lost rent. The invoice for rent is created. If I just issue a credit memo how do I DR the balance in the tenant security deposit? I don"t want to create an "item" ...
Hello Everybody - Would appreciate some feedback on this. I'm talking with a seller who desperately wants to sell, however, they are upside down on their mortgage. What are some ways to help this seller in need? Would...
Hi everybody!I'm investigating a 14-unit MF to purchase, and I'm confused about the kinds of loan that are available to me.The property is a 14-unit MF in a tertiary market for $500k. I have the funds for a 20% down p...
I am in the process of trying to refinance a 16 unit multifamily building purchase in 03/2018 for $875K and believe it should appraise out for $1.4M given an increase in rents and decrease in expenses over the past 18...
Myself and my wife wanted to purchase 2 investment properties ( SFL or Duplex) on our names individually and with two conventional loans as individual borrowers (no co-borrowers). Location is not decided as we are in ...
So I’m wondering what you guys thoughts on LOC are. Basically they are a way make a cash purchase, finance the rehab, then after I could refinance and clear out the line of credit. Not as much dealing with lenders, ca...