Chibuzor Alumba
Bad First Investment - Newbie Beware
My very first deal:Purchase price: $205,000Down payment: 11% + 2% closing costsHouse Type: Single FamilySqft: 678 (WHAT? This isn't even a tight market nor a great neighbourhood. How did I get sold this crap lol)Locat...
Kenton C.
If tenant is not re-signing lease, when do you start showing?
Hi All,My first tenant in my first ever rental is nearing the end of their 1st year lease. I currently have a PM in place, and their procedures are to ask the tenant 30 days prior to end of lease if they would like to...
Kyle Meyers
Starting my LLC, but I already have the properties
I've been reading all the posts and blogs about having an LLC in addition to my insurance policies and I thought I should get to it before I get much further into my investing. I have a few questions though that I'm h...
Michael Lamando
Massachusetts Eviction Moratorium Lawsuit
Here is a link to the lawsuit article:https://bostonagentmagazine.com/2020/05/29/lawsuit-challenges-statewide-eviction-foreclosure-moratorium/ Thank God.
The blanket moratorium without care and detail leaves landlor...
Todd Blyton
Has anyone used the Series LLC in Wisconsin?
I am debating on setting up an LLC for holding my Wisconsin property. I am Looking at getting my second property sometime in the near future. I have read that Wisconsin has a watered down version of the Series LLC l...
Denny R.
First deal done! First rent check in the bank!
Finally got my first deal done!!! It was a hell of an experience, but I wanted to receive my first rent check before I posted my success story.Quick background on myself: I am 25, finance degree, work full-time, aspir...
Account Closed
Doctor's note for cats?!
Hey everyone... so I have a bit of a lease term question. I just bought this four-plex and it's my first local property. We're managing it ourselves. We've literally had possession for 4 days. Tenant #2 comes up with ...
Greg W.
Self Directed IRA suggestions?
Hey All,
I've become interested in the idea of a self directed IRA as I'm growing increasingly put off by my Edward Jones dude trying to convince me that a 6% rate of return is awesome. I'm also looking into the pro...
David Weiss
As a buyer with a $1.5mm budget, which option would you go with?
Pretend you’re looking to buy a property in Florida (or wherever the market works similarly enough for this question to make sense) and your budget is $1.5mm. Would you:
Option 1. Not use a buyer’s agent at all, just...
MIchael G.
Need Eviction Help non tenant saying shes not leaving!
HELP!! So I have a tenant who let someone stay with him, but did not tell me about the person staying beyond the terms of the lease - 2 weeks. It turns out that person is ready to play the system and when I went to ...