Joshua S.
Tell me why this wouldn't work. (Disclaimer: It's high-risk and pretty shady!)
So I wanted to explore an idea here, and see if anyone has heard of anyone else doing it. But before I go there, I want to make clear that I'm not ADVOCATING this or any other shady business practices; I'm simply want...
Jeremiah H.
Do you prefer to collect late fees or not have them at all?
I got into a discussion today with a local property owner that manages most of his properties in house. He loves the fact that his tenants typically pay late and he collects late fees. It got me thinking about the var...
Andrey Y.
Does wearing a suit really do the trick?
I have been pondering this lately. I have seen that almost universally, all the apartment complex investors and syndicators on here, in their profile picture are wearing suits. I would also imagine, that when speaking...
Mordy Chaimovitz
My attorney says I am not allowed to make an LLC
Ok. I Recently closed my 1st deal on 2 SFH's with a conventional loan. I wanted to transfer the properties into an LLC but my attorney says that technically it's against the clauses in my loan to transfer the loan to ...
Amber Saulsbury
What CAP rates are you seeing in your market for multifamily
Hi there! I am looking at a 10 unit multifamily condo type complex. It's in a B class area. I am wondering what sort of CAP rates members are seeing for similar types of properties. I know this is very general inf...
Mindy Jensen
Outside of real estate, what are your hobbies?
Real estate is super fun - and most of us are obsessed. But what do you do when you're not real estating?I'll go first. I love to hike, road cycle, and snowboard.
Rick L.
Help! I have a "High Maintenance" Tenant
Background:I have a tenant who has been renting for about 10 months. She is a retired probation officer and currently works part-time with one of local city governments in the traffic court division. When she first ...
Robert Arnold
Have you had a loan called after transferring a property to LLC?
Purchased a property in my name with a 30 yr fixed mortgage (big corporate bank). Have sense formed an LLC. Planning to transfer into the LLC. Would love to know if anyone has done this and the bank called to load due...
Bryanna Mendoza
Spokane, WA - New House - Already Having Sewer Backup Problems!
I'll start from the beginning, because there are lots of little details I need to explain in order for you guys to fully understand the situation. (All names are substituted by fake ones for privacy reasons.)In April ...
Account Closed
How To Strip The Most Equity - My Dilemma
Here is the scenario. I have a home that I’ve owned for 6 years. It’s worth about $380k and I owe about $240k. I want to strip out as much equity as possible. Today a wild idea occurred to me and I want to consult the...