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A “renter’s choice” city ordinance — requiring landlords to accept renters’ insurance and other alternatives to a cash security deposit — passed last week by Cincinnati City Council was featured in a weekend article b...
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we historically ask for a holding fee when a prospective tenant wants to rent an apartment. We give them a receipt that states the deposit is non-refundable.We then hold the apartment until the tenant moves in and th...
Hello everyone, I was approached by an investor friend who needs funds to close a deal. He's asking for $175,000 for 20 days he will pay me 2 points or 2% of the loan for the short term use of the funds. My questio...
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If I use one private lender for a project at 100,000 syndication does not seem to be necessary. If I have multiple investors investing in a project where a 1,000,000 is raised then I think it makes sense. Is it the ...
A prospective tenant got in touch and their household income is all over the place with two adults working their income is 1.9x rent add to it social security income, income from being handicapped,a minor earning some...
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I have a 3 br/1.5 bath condo (1120 sq ft) for rent in South California at $2,400 per month. What would you say is a fair amount to charge as a refundable security & cleaning deposit?
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There's a scenario where a borrower would like to pay upfront for 6 monthly P&I payments. Are there any legalities or statues to consider? I was thinking one could setup a separate bank account, deposit the upfron...
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Hey guys, so my parents bought a rental property and they found two renters one couple who seem perfect. Their income is 3 times the monthly rent. They're credit is good and they seem like a good couple. They are will...
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I'm very intrigued by the concept of using AMPS to build my own portfolio as well as sell property quickly and easily using owner financing, with very little outlay. Was wondering how many investors have actually uti...
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I've recently pitched a property to my investor. He's someone I have a relationship with. Here's the situation.
*First deal
*using his credit
*he finances the whole down payment
What's your guys/girls experiences...