Account Closed
The Tenant Phase by Nancy Neville
A little advice for Newbies:THE TENANT PHASETHE FIRST MONTH (THE HAPPY PHASE)During the first month of a rental period, the tenant is happy. They wanted the home, they got the home and everything is fine. THEY ARE VER...
Wendy BK
How to get a fifth mortgage ( Minnesota )
Hi,
I was told by big bank lenders that only 4 mortgages are allowed unless the fifth one is for primary residence. I have four mortgages already, one for primary home, three for rental properties. Any idea w...
Tim Mieney
My fourth investment property
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $125,000
Cash invested: $25,000
My fourth investment property, another quad. Purchased from a friend of a fr...
Dustin Benton
4th bedroom vs formal dining
my wife and I are planing to flip a house and we are having a disagreement about the layout. There is a super awkward 4th bedroom and very tiny dining room. One of us wants to keep the 4th bedroom the other wants to m...
Alex S.
Atlanta Flip, FHA Rule
My wife and I put a plan together to start flipping houses last year in January and opened our doors last year in July after getting everything together. Since then we have successfully rehabbed and sold 3 houses, and...
Thomas J Mele
What bank will allow me to use a HELOC as a down payment?
I’m trying to find a lender that will allow me to use the HELOC on my primary as a down payment for a new investment. Also, would a 203k loan be an option if I’m using credit to obtain the property?
Robin Long
Lease Agreement in Violation?
Is a tenant in violation of their lease agreement if they refused to allow someone into the property with not only permission from the owner, but owner highlighted the agreement stating they must give tenant 24-hr not...
Julie Toh
What type of lender do you need to finance your portfolio?
Real estate investing is an exciting venture! Before you run out and buy that first or second rental property, it is important that investors use strategic financing for their rental properties and put a plan in place...
Jonathan H.
Ideas to repurpose extra storage room in triplex?
Hi all,We are acquiring a triplex in Washington State which has an extra 20'x12' space. It has historically been used as a storage room for the owner, but we would like to repurpose this room in a way that increases N...
John Thedford
Enforce Your Leases To Minimize Problems
Just checked the mail and there they were: rent checks ON TIME from previously "bad" tenants. My friend @Mindy Jensen had a post recently concerning what was a favorite lease clause landlords have. My response was the...