Hello there! I have happened upon an interesting opportunity that I would love some advice on. My dad has offered my husband and I to take over the mortgage on our family home. I'm not exactly sure what that means, so...
Hi all. So my wife's parents own an investment property out right (no mortgage) for about 3 months. They are looking to sale us the property (we'd keep using it as an investment) for $220K though we don't necessarily ...
Hi, this is my first post and I am in the process of owning my first property! I am being given a family property that is a single-family home with no debt on the home. I live out of state and will be using this as a...
Just getting into being a landlord, own 2 units currently. First time coming up on one of my tenant's birthday. What do you guys do (if anything) for them?Card? Gift card? Text? Anything?I am a hands on landlord (not ...
Hello everyone! I was curious, has anyone used a collections agency or attorney to collect rents from a tenant that was evicted? If so, which do you prefer, attorney or collections agency? How do you go about selec...
I am trying to purchase a property but do not have enough for the down payment yet as I just purchased another property recently. It is a smoking deal with tons of cash flow potential so I am about to lock it up in a ...
I'd really appreciate feedback from those with more experience on this situation. Background: Spouse's grandfather passed away recently and left his 4 bed 2.5 bath home to his eight (8) kids equally. House has not be...
One of my tenants does flooring for a living. He asked if he could put new carpeting in his apartment, and said it wouldn't cost me a thing, that they had plenty of leftover carpeting to do the entire unit, and that h...
So I have looked been looking all over the net for the answer to this, have watched 2 webinars, read countless articles, and they all say the same thing! If you have little or no money to use on your own, find private...
Hi all
I am purchasing a property that is not worth much, but I will be pouring a ton of sweat equity and CASH for the next few years. I will own it free and clear now, and when it is done with rehab. Current value a...