Miko Lee
New Landlord - Complicated Parking Situation
Hi all,I recently bought my first small multifamily (two buildings - duplex and a single family). I only inherited tenants from one unit. Two other units are currently vacant. So, we have three units, but only one gar...
Matthew Newman
Is it true that you need to have a real estate license in California to fill out a purchase agreement?
I just got off of the phone with an escrow agent who said that I am not allowed to fill out a CRA Purchase agreement without a license. They said that they would be able to complete a concurrent close however I would...
Travis Russell
Multi-Units with Building Code Violations?
I'm still in the beginning stages of analyzing properties and learning what is a great investment opportunity and what should be avoided. My realtor sent me an updated listing for a property that we've been monito...
Sharma Parth
Pulling permits in Philadelphia? Need Advice - First-Time BRRRR
Hi guys - we are about to close on a property soon in Philly and are planning to do the following work - -Add HVAC, Add a full bathroom and add a half bathroom, Fix kitchen (keep same layout)My contractor is saying th...
Michala Vander Ploeg
Inheriting tenants and want to update lease agreements
My husband and I have recently purchased our first rental property, a triplex with all three units currently occupied. The property closes march 31st, so we have a bit of time yet to get things in order.
I'm wonderi...
Sharon R.
Auction*com- Anyone had experience
Has anyone had any experience with them for buying houses to flip or rehab and use as rentals? Also has anyone that is just starting out & doesn't have a large sum of own cash had experience w/ privatemoneygoldmi...
Tyler VanDerzee
HUD Appraisals
Hi all, I'm a new investor working on my first deal. I am going with USDA funding and I am at a point where they want to send the HUD appraiser out. Since I've already had the home inspection, I have a laundry list of...
Ragnar Lothbrok
Enforceable Lease Terms
Cash for keys is a joke. I understand the utility in it, avoiding the long process of eviction and hassle is preferable. But, this policy basically establishes your lease agreement as unenforceable.If your tenant deci...
Jacob Lapp
FHA 203K Adventure Experience
The idea of an FHA 203k sounds like the best tool to use for a new investor. I’ve heard about it for years and with the market it’s a hard sale especially since most agents don’t fully understand the process. I’ve don...
Zachary Freeman
Complications converting 4 unit into 6 unit Inglewood, CA
Hi,I own a multifamily property in Inglewood, CA. It was originally built as a 6 unit ( 6x 2br) in the 1960s. In the late 80's the owner converted it into 4 units (2x2br 2x5br) in order to get a conventional loan refi...