Tim Hendricks
[Tim's Calc Review] Help me analyze this 4-plex deal
View report4-plex in, what appears to be, nice shape. Fairly new to the market. Exterior could use a professional paint job, but rental history looks solid and so does the cash on cash return. What am I missing? *Th...
Nick Janovich
Closing error found 4 months later
I'll try to make this quick and easy to understand.I closed on my 2nd rental property in October 2015 (yes!)The closing firm told me that the seller paid taxes until July 2016 and I owed him about $1,000 for Oct 2015 ...
Zach Diamond
Is this strategy valid?
Hi guys, being as I don't have a substantial net worth (~$10,000) but do have 2+ years W-2 history, solid W-2 income, and I currently don't pay anything for rent/housing (DTI currently is 0%) I believe I would qualify...
Daniel Gura
where is the end with Owner Financing?
Hello everybody
I'm Investor outside of the country and investing in the Detroit market.
my target is buy and hold for now, and I been buying with cash only since I started. lately I became aware to the Owner Financi...
Daniel Barden
How is the insurance set up for rent to owns?
If i was to get into rent to owns as a option to my distressed seller by getting them to lease option to me then i lease option to someone else.How is the insurance set up? Dose the original homeowner keep his homeown...
Curt Bixel
Insurance, Liability, and Handyman replacing bath vanity light
I tried posting a similar question in the landlord forum, but I didn't get a response that really spoke to the legal/liability issues with electrical work.I know I need a licensed electrician to do any work in the mai...
Erin Stephens
Air conditioner stolen(!) after offer
Hello!Dealing with an odd situation and would love some input. I had an offer accepted on a townhouse in good condition that I hope to use as a rental. All systems were present and accounted for on initial walk-throug...
Jonathan C.
Hello from a Montgomery County, PA Real Estate Newbie
Greetings.
I am the accountant at a small business but always wanted to do real estate on the side. I love my job but know how fickle employment can be so it never hurts to be prepared.
I have 0 real estate experie...
Leland S.
Contractor Contract and Purchasing Materials
By searching the forum, I found J Scotts contractor SOW and Contract. I think it's pretty good and covers the basics. It also has a clause in there separating finishing materials purchases from contractor supplies, wh...
Nick Thornquist
BRRRR Financing with LLC
Hi there, I'm working with a partner on obtaining our first property and are trying to do a BRRRR on a fourplex. Right off the bat, I'm thinking it would be wise to create an LLC for the partnership but I'm unsure whe...