Ade Akingbade
Not Going Well - Seeking Advice for Rental Property Challenges
Last month, I purchased my first rental property in Baltimore for $117k and invested an additional $13k in renovations. Since then, I've encountered several significant issues:
1. **Air Conditioning:** The AC unit ...
T. Alan Ceshker
Wraps and due on sale clause
I want to start a discussion re the due on sale clauseWe are seeing more issues re lenders calling notes due. Some because of mistakes with insurance. But, some due to lenders looking.One lender/servicer is HomeLoan...
Jon K.
(Current) Tenants say the dumbest things, too...
So, your tenant made it through the screening process and moved in.
What kind of dumb things are they saying now?
Petty requests?
Requests to remodel?
Requests for upgraded appliances?
Whining about the internet...
Before you start investing in real estate, make sure you hear this episode. Almost every beginner ends up making these five big real estate investing mistakes. Some cost money, some cost time, but all of them cost you...
Philip Bennett
Illegal immigrants as tenants
I have an applicant for a property in Anchorage, Alaska that is wanting to sign a lease for a family member that is an illegal immigrant. The individual wanting to sign the lease is unable to provide a completed appli...
Greg R.
Housing crash deniers ???
Unfortunately I've been away for a few months while taking care of some personal matters, so I haven't been able to keep up on discussions.
However, several months ago there were ample amount of folks here insisting...
Jeff Holmberg
Breaking rules on first deal
After years of reading books on real estate (most recently by David Greene and Brandon Turner), I'm finally getting started! Unfortunately, I think I need to break some cardinal rules in order to get into the game. B...
Let’s face it—property management fees aren’t cheap. While you may need to hire a property manager if you’re investing out of state or are unable to self-manage your property, these costs can quickly eat into your pro...
No real estate investing journey is ever sunshine and rainbows, but some are certainly more difficult than others. Many rookie investors are either so fearful of making a mistake that they experience “analysis paralys...
Brie Schmidt
HELOC payoff strategy
Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...