Nicholas Moffett
CIGARETTE SMOKE IN A RENTAL ---- LAWSUIT WORTHY ?
My name is Nick and right now, I am currently living in a rental home. Upon moving in, I painted the walls and ceilings noticing discoloration. The previous tenant smoked in this home, and I am afraid that my health...
Shawn Crawley
Seller financing rules
Upon my reasearch I came to the conclusion that a seller thats using seller financing can only do 3 a year according to Dodd-frank rule. If this is correct is it also rules limiting the number a buyer can buy using se...
Sean Yang
Agent asking for $5000 upfront compensation. That normal??
Hi I really need some feedback on this. I was looking to buy some out-of-state rental properties and got introduced to this agent in August when I did a field trip. Since then he has been sending me some off market pr...
Nathan Gesner
California ramps up the crazy, wants to own 45% of your home
The California Dream For All program wants to help minorities own a home. How will they do it? By purchasing 45% of the home! The buyer gets in cheap because they only have to pay for 55% of the home, but then Big Bro...
Gregory Schwartz
$10,000 SBA Loan / Grant
Anyone else applying for an SBA Economic Injury Disaster Loan? Based on what I've read in the Stimulus Bill we all might be eligible for a 10k grant advance.
"(e) Emergency grant
(1) In general: During the covered p...
Kimberly Kesterke
I take issue with the term "slumlord" and here is why
Landlords have a noble mission. We provide safe and clean housing to our tenants, keep homes maintained and reasonably respond to our tenants requests. We provide housing options so that the government doesn’t have to...
Pete Edmonson
Analyzing a 50-unit apartment- "The 1% Rule" ?
I have an opportunity to purchase a 50 unit apartment, along with 7 other SFR properties (14 doors total for those) from a retired old-school RE investor. He keeps telling me that he used to buy his properties using t...
Mariah Jeffery
Golden opportunity? Or taking on too much risk/debt?
I have 23 rental units now. I bought a duplex in '07. The next opportunity came in late '09 when I met a motivated seller, an elderly couple that gave the a great deal on my next 11 units/4 properties. This couple sti...
Rivy S.
Is this all worth it?
I currently earn a six figure salary at a pretty non-pressure, but full time, job. We have 4 small children and would like to have more. So we've been trying to build our rental portfolio so that I can replace my in...
Brie Schmidt
HELOC payoff strategy
Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...