Bob Romano
Do not take shortcuts on screening!
Thought I had the perfect tenant. Did a background check, got copies of his pay stub, call HR and checked on his employment, I even called his HR Dept and verified all his info before he even gave my the persons name ...
Tricia Brock
Need Advice: Bought a house with an unmarketable title
Hello All and thanks for stopping by to help.I purchased a SFH in 2019 in Saratoga Springs, NY. I purchased a fee title insurance policy on the property. No issues arose regarding the title when we closed on the prope...
David Bowles
New purchase, current tenant is not current on rent
Hi Guys! I recently had a seller (another investor) agree to a 45k purchase price (cash) on a house with ARV of 60k. The house had a full gut rehab 4 years ago when this investor bought it. The current tenant is “all ...
Nina Erlandson
Has anyone used Obie Insurance?
Hello fellow investors, I am currently using Farmers and Foremost Insurance. However I ran a few quotes on Obie Insurance (geared specifically towards landlords) and for only the 4 houses I checked, I am saving 1,5k a...
Jimmy H.
Cash Out Refi Strategy for Acquiring Rentals
I'm close to completing my second flip, I just listed the property on my local MLS when I had an idea:
Why not cash out refi for more than I have in the property.
I bought the house for $40k in cash, I have less tha...
Marvin Long
Gift cards for Tenants
Thinking of giving my tentants gift cards for christmas..$25 to $50... anybody do this??? It is the season...Happy holidays
Shari Posey
What if seller won't leave after close of escrow? (CA)
Would one have to evict a seller who won't leave on the day it closes escrow (as the contract states) or is there a simpler legal method? This is question pertains to sellers in a short sale transaction who have no mo...
Jochy Perez
Unable to obtain lien release
Hi everyone, Under contract to purchase an REO property and it was discovered there's an old mortgage from 1997 which was assigned in 2000 to IMC Company Co, Tampa FL.IMC Company Co is no longer in business and from t...
Martin Yip Toll So
Approved for a loan. Let's see if any lenders here can beat this rate!
Hey guys,
I'm an out of country investor (let alone out of state) from Canada. I've gotten approval from a US bank by using my Canadian credit history- RBC Georgia NA (a subsidiary from RBC Bank Canada).
The loa...
Ralpheal Doe
ADU Success Story in SF Bay Area $275per sqft Finished
Hello All
I’ve been creeping on the forums as most of us have for a few years. I’ve actually used the forums here as a legitimate source of information as so many people do the groundwork for you in regard to interpr...