Ana Hyler
rent payment - What have you been offered for it?
We have several SFH's rentals and now we started renovating/managing a 12-plex we just purchased. One of the tenants got the 3 day notice after a month and a half of promising to pay rent. Well...the 3rd day was up on...
Rob Lee
How to Generate More Cashflow Before the Banks Stop Lending???
Hey guys! So My buddy and I were talking yesterday about the corona drama and our rentals. We were talking worst case scenario. He was telling me that he doesn’t make much from his 3 rental properties (3 SFH) and th...
Grayson Grzybowski
Having trouble understanding something
Can someone break down what the purchase price of a home is?A) If a house cost 325000 and I go get a loan from the back for that much, is that the purchase price? B) Is the purchase price the cost of the home after th...
Michael Conrad
Primary Residence Loan Requirements - 1 year vs 6 mo - 2nd home
Hi All,I am researching the time requirements between purchasing primary residences. I was told over the phone by a local lender in CO that I would be able to buy another home as a primary residence. My wife and I bou...
Jen Q.
How to terminate lease signed by previous landlord
I just bought some tenants occupied investment condos two wks ago. While I was chatting with a few tenants in the community this afternoon, I was told that they all suspect one of the units are having drug related act...
Dean Klein
Duplex Owner Financing BAD Tenants
I am asking for some tips or advice, I am going to take a 2nd look at a duplex in my town that the owner is in his 70s and has 100+ properties and wants to sell some before he dies. The owner is willing to carry a not...
Troy Kelly
First Investment Property-Duplex
Greetings All,First I must say how excited I am at finally being able to make my first diary post after so much planning, prepping, research, lamenting... You get the idea. Just to give some background, I've been lurk...
Brandon Metzler
Aquiring month to month tenants
On Friday I’m set to close on 7 rental properties (3 vacant 4 rented) with the four tenants in month to month leases. So a couple of questions....Should I have the current tenants sign a month to month lease with me u...
Peter Morrissey
Cost for replacement of baseboard radiator?
Looking at a rehab duplex to buy and hold. It has boilers which is a new thing for me as they are not real common in our area. The boilers look reasonably new. My concern is with the baseboard radiators. The fins look...
Victor Mondragon
Is it possible to Cash Out Refinance without closing costs?
I live in Texas and am working on using the equity in my home to get a loan and construct a garage apartment to rent out and try my hand at land-lording. I understand that most banks like to use this formula: (Value ...