I had a tenant whose 17 year old child was busted at school with a small amount of weed (enough to use, not enough to distribute). I am fairly certain it is the first criminal offense for anyone under the roof of the ...

Hi all,My investment partner and I are in the process of closing on a 20-unit property and we’re going through LLC entity formation & loan application with Fannie/Freddie. My investment partner is putting in most ...

Hi all - I am in the process of applying for my first commercial loan for a property that was a bed and breakfast but I will be turning into a short-term rental (Airbnb/VRBO). After reviewing my application informatio...

Hi, I'm refinancing my home and have drafted a buy-out with my ex- through a promissory note with a payment plan with interest. His legal documents have come back request to get a mortgagee's title insurance. My lawye...

Hello all, I just bought a 4 unit and am in the process of buying a few single family homes. I work full time and am strongly considering engaging with a property management company. I haven't even begun to connect wi...

If you're considering purchasing turnkey properties, this post is for you.
Turnkey is only a purchase method. Using Turnkey does not reduce the time or effort required for due diligence. Turnkey is simply an alternat...

Tenant was responsible for 100% of the water bill. We pay directly and bill the tenant. The billing cycle does not coincide with the tenant's move-out date. how do you deduct the tenant's share of water from their sec...

Hi all,
I dont know if this is the correct area to be posting this but well see. So i am helping my brother with his dealings in starting up his own mechanic shop in Las Vegas.

he called me looking for advice and now...

Good morning -

This week we evicted a tenant for non payment, constable came out and removed tenant, locks changed, etc. Tenants were placed by our management company that we have terminated our agreement with.

Whi...

We have a friend that has moved from Iowa to Texas but has a home that needs about $50k worth of work on it.She has very limited funds if any. I have agreed, if we can get a contract for this, to take over her mortgag...