Nina Ning
An applicant with credit score of 770 but no proof of past rent payments
I'm screening applicants for my rental. Actually I have had two applicants so far with great credit scores but couldn't provide bank statement showing rent payment history. I went by the addresses showing on credit re...
Cam Jimmy
Renters moving in from out of state
I have Potential renters moving to where im from from out of state. They passed with flying colors with their background and credit checks, as well as their past landlords and references. They want to start the lease ...
Naina Green
Help! I'm living a renovation/mortgage nightmare!
Hello! We are new homeowners, new to this site and have just started on the path of REI. We bought a house in Mt. Washington (Pittsburgh) in June 2017 through a Fannie Mae HomeStyle Renovation Loan. We first made an ...
Rodney Buford
**Scam Alert** Kansas City Private Lender - Michael Treat
A gentlemen by the name of Michael Treat has joined many of the Kansas City real estate meetups (ie. Kansas City Real Estate Mentoring and Network Group) but he has joined all of local meetups and networking groups re...
Michael Plaks
GRAY area alert: deducting real estate education
This question is very common and sounds very straightforward: as an investor, can I deduct my real estate education? Warning: you will not get clear answers from this post. Instead, you will likely get confused. Welco...
George Moehlenhoff
First Flip Blog
So I should be closing on my first flip next week. I am going to do my best to give back to this community by blogging as much as I can in this topic concerning my first flip... This will also be an easy way for me ...
Alex Verdugo
Tri Plex in Tucson, AZ Help me analyze this deal
I have run this report a few different times and always end up with a negative cash flow. I can see the problem is mainly with the insurance that I would have to have on the property. Most insurance companies I've t...
Corey Dutton
Top 3 Scams in Hard Money Loans
From a fall article in the Scotsman Guide, the popular topic of loans scams in hard money is a conflictive one, particular for those who have been the victim of one. Loan scams are a huge problem in hard money loans f...
Jay Scott
Eviction - you cant make this stuff up
You cant make this stuff up…In July, an applicant contacted me about renting an upscale home I own in NY. 720 credit and no evictions, he paid the realtor with a check and made the deposit and first months rent throu...
Luke Baumbach
How do I veil tenants from knowing I am the property owner?
I'm closing on my first property next month, and I'd like to set up so in the eyes of the tenants, I am the property manager, not the owner.How can I get a different name on the lease?What about mailing address?Can I ...