Brian Chu
Non-Renewal on a Lease
I have a tenant that is a habitual non-payer/late payer who has had numerous issues with their roommates (their lease is for a room within a townhome). Their lease is finally up in August of this year. Rather than go ...
Walt Waters
Logic behind add back principal payments
Hello everyone, Can someone please help me answer this...This question pertains to line 56, "Add Back: Principle Payments" in the REIpropertyanalyzer.xls. I downloaded the REIpropertyanalyzer.xls from BP and it's been...
Fred Sena
Underwriting VA loan Issues
Here is my story,My wife and I own a three unit, multi family property purchased with a VA loan. We are in the process of purchasing another 4-unit multi family, but we are hitting issues with the lender. Our closing ...
Kiet N.
Tax Sale - What happen to the HO when bank goes after overbid ?
I am reading in the forum that bank and mortgage company would go after the overbid when the amount is large enough, and a question just popped: How about the home owner, who pays monthly into the escrow ? Clearly th...
Joshua Goston
Rental Property Investment Strategy
Hey guys, So I've been studying investing in real estate properties for a little while now. I've put together the beginnings of an investment strategy draft. It's laid out in order and is set up so that indented bulle...
Robert Kiyosaki is arguably the most influential author in the finance, real estate, and investing space. His book, Rich Dad Poor Dad, has sold over thirty million copies and has been translated into forty different l...
Ti Hon
What happened to" HELOC " in the short sales proce
I have heard several different stories in regards to the " Home Equity Line of Credit " in the short sale process in which the lender of the HELOC still can put liens on your assets such as your IRA accounts .. is it ...
Luis Sanchez Rodriguez
Chicken and the Egg...Setting up LLC and Property Buy
Hey folks,I can use some quick guidance...I understand the importance of setting up an LLC and having your properties under one.My question is: Which comes first?Do I buy my property first then put it under an LLC? Or...
Mike M.
New Member from San Diego/Phoenix
Hello all, Just wanted to introduce myself. My name is Mike, I'm from Phoenix, and I've been living in San Diego off and on for about 8 years now. I own a studio unit in one of the high-rises in downtown SD, which I'm...
Sean Gallagher
Cash flow snowball/ tree tool?
Does anyone use a tool of some sort to plan out a cash flow tree with rentals? Sometimes known as a cash flow snowball. It's easy to draw out but it's not easy when you want to change your numbers since one thing ef...