We have a new family we have approved who appear to be excellent tenants. They have asked if we would be willing to decrease rent by $50 per month if they signed a 2 year lease. Is this worth it? This is our first lon...
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Looking for thoughts on whether newbies should should be seeking to enter REI starting with multi-family/apartments?
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I have a tenant that signed a one-year lease yesterday. During the interview process she said she was downsizing which is her explanation on renting. The very next day (moving day) I get a phone call saying she wants ...
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Hey guys, So I've heard this rumor that the goal in real estate is to actually make money. With that being said I am very confused as to how this deal would make sense to anyone. Now I am still cutting my teeth when ...
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Hi! Does anyone have any tips on how to go about making extra payments to mortgage principal? I'm a contractor right now so my salary is constantly changing, but as soon as I get paid, I'd like to make some small extr...
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I recently had an appraiser cancel my appraisal with the bank claiming "undue influence." And that I "demanded they be considered."Now I know the "demanded they be considered" statement is false (because I didn't) so ...
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Hindsight is always 20/20 right?What's the biggest mistake you've made?Mine would be....Early on I didn't understand the power of BRRRR or buy and hold; I thought flipping and quick cash was the way to wealth. My bigg...
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I had a funny thought pop into my head as I began to prepare for the upcoming tax season: should I intentionally pay more taxes (by not taking all deductions/credits claimable) so as to be able to leverage that income...
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Hello everyone, I'm new to real estate investing. I live in Orange County, so my market is very high and numbers don't typically work.I'm looking for buy and hold, multi family properties. I recently started looking i...
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Hi All!
Looking for some guidance/advice please. I would like to purchase rentals. I've set up an LLC and then went to the bank to talk about my plan and see what finance options I have. The bank tells me they won...