I'm in the process of screening prospective tennants for a new SFH. I have an applicant that came back clean on background and credit check, but when I look at state court records there are many civil cases against th...
HelloI recently applied for a commercial mortgage and the bank said the address triggered an environmental hazard redflag. The bank is now requiring testing to be done before a loan can be issued. Is there a public da...
I have only been a landlord for 7 years and am always learning something new. My biggest concern is looking for the red flags/scammers in dealing with potential applicants. A current situation I have now is someone wh...
Hey all this is a post for everyone here and hopefully for Peter Harris and the Commercial Property Advisors Team.
I did not sign up for this program but I am here to share my experience with hopes of helping others ...
Hi Everyone,
I am considering using my LLC to rent an apartment where I would conduct all of the LLC's business. In doing so I know I'd be able to deduct rent, water heat, etc. However, the question comes in to play ...
As private money lenders, protecting your investment starts with careful borrower vetting. Here are some key red flags to watch for:
🔴 Lack of experience: A borrower without a proven track record in real estate proje...
Can I:- Purchase clothes (pants, shirts, socks, coats, jackets) that I would wear for doing renovations/rehabs and write them off? - Shoes, boots?- atypical tools, such as a knife or flashlights?- iPads or other such ...
so in 2018 i invested to one fund that's offering regular decent cashflows. They have REIT/syndication/fund with residential as underlying asset so it seems legit. At that time I am not sophisticated enough. I know th...
Want a better rental property loan? You’ve probably tried talking to banks, brokers, and residential lenders about growing your real estate portfolio, only for them to hit back with W2, income, and credit score requir...
Hello,I am looking at buying a turnkey investment property that is tenant occupied. The seller has supplied me with a rental agreement but refuses to show me proof of cash flow i.e. bank statements or copies of deposi...