Roy Williams
Help, Property worth less than half of LOC
Hello, I am new to the board need some advice. I purchased a dozen rental properties over the past 3 years during the times of easy money.
Once of my purchased was a double that I paid cash for. $29k purchase price....
Steve Ellison
Becoming a landlord primarily to establish rental history
About six months ago I posted about my situation and got some good advice. Now that I’m ready to actually do something about it, I’d like to run it by everyone again with a little more detail.My goal is to buy a new ...
Mil Sanghvi
WHAT TO DO WHEN A TENANT SIGNS A LEASE AND WANTS TO CANCEL IT IN 5 DAYS?
Hi,A tenant looks at the place while it was in move in move out clean up. She signs a one year lease on July 11th and the move in date was set for July 17th. She gave me $500 cash at lease signing $366 for pro rated J...
Phil Blair
Tenant gives deposit to hold and pay first months rent 3 days later
After several texts the tenant agrees to give the deposit that same day and pay the first mos rent Friday, so I agreed to that and they agreed to that, well two days later they decide to back out and demanded to ha...
Karen M.
Considering a real estate career - tell me the ups and downs
Hi Everyone,I have been interested in real estate investing for a couple years, but have decided NOT to pursue buying rental homes at this time. I have three young kids and decided it would be easier to invest in sto...
Terry Lewis
Seller Financing Dodd Frank Exemptions in each state
I am an MLO in California. The Exemptions in California follow the Federal law. I am doing a survey. What are the laws in each of the other states with respect to exemptions and seller financing?Thanks in advance for ...
Blake King
Non-refundable damage deposits?
Hi everyone!This is my first time starting a new lease that was not an inherited tenant. Luckily i got pretty lucky with the inherited tenants, i know thats usually against the rules ;) I am looking for advice on dama...
Yengkong Sayaovong
HVAC issue with tenants.
I have called a contractor out to fix the AC unit twice within the past month. I knew what the issue was but I didn't want to just blurt it out without any proof that they are turning the AC off when leaving the house...
Gerardo E. Saldana
$100 per door formula - Does it make sense to you?
Hi guys,I need clarification on a phrase I hear often times around investing in rental properties.Often times I hear the whole "your goal is to make $100 per door..." in podcasts, seminars, bigger pockets webinars, et...
Dan Hall
Do I sell my duplex in Cali to buy multiple doors in Midwest?
I'm looking for advice, my wife and I have been blessed to inherit a duplex from my father in-law in his passing and share this with her sister so we are 50/50 partners. My dilemma is that we own this 100% and cash f...