Kindrell Hutchinson
Closing on a owner financing deal!!! (3 properties)
Hello,I am a new investor. I am currently 2 weeks away from potentially closing on 3 properties using owner financing (I am the buyer). The terms of the contract is all 3 properties listed for $278K, with 45K down, 30...
Snehann Kapnadak
Indianapolis Vs. Memphis: Rental Market Showdown
Hello Everyone!I'm a first-time investor looking to invest in a buy-and-hold SFH that has stable cash-flow in an A to B- neighborhood (any appreciation would be a plus, of course!). I'm looking for properties in the 6...
Joe Salimao
LLC's vs Umbrella Policy
Hi guys,
I know it has been asked in many different ways before but I am looking for a more specific answer. My question is: Why have an LLC when you can just get an umbrella policy for 'x' million dollars on your pro...
Samantha Jee
Heeeelp!! Tenant issues and mold
I'm not a professional landlord but we have a condo in LA that we rented out b/c we moved states due to a job. We've rented for 3 years with zero issues. 7 months ago we rented to a girl named Sandi and another girl n...
William Stewart
Closing dispute residential loan turns out to be tenant occupied
This is a very odd post. A "friend" of mine purchased a property with a 5% residential loan. The buyers broker told him that there were tenants in the property but would be out within two weeks after closing. The buye...
Patrick Britton
Here's why all our plans fail
To those starting out I have a word of warning, trust no one. Every single person you think is working for you or with you or in your best interest, is working in their best interest. This is America. Nobody cares a...
Bruce Archer
Do you list for rent before home is viewable?
Hello Everyone, When to list??? Looking for best standard practice. Trying to find the right balance of when to list, when people are searching but is usually before the home is cleaned and viewable. Too soon and peop...
Rick Jones
Flipping Brownstones
Hi Everyone,I have been looking for information or stories about investors flipping multifamily houses like brownstones in major cities. These would represent much higher end flips compared to standard SFR but would ...
Steve Uekert
STR - Does Home Size Matter During A Recession?
Happy Wednesday everyone,I have a question that I've been pondering. After sitting on the sidelines for a long time, my wife and I are finally moving from interested, to serious in our pursuit of a STR. We're likely g...
Charles Granja
Owners title insurance
Does anyone have any data on what % of properties have issues with title during a 5-7 year hold? Or any data that they can bring to the conversation that supports the decision on obtaining owner's title insurance? (Li...