Jeff Young
Pay off vehicle loan or use money for down payment on rental prop
Good evening All,
I'm trying to figure out if it's more beneficial to pay off debt to change the debt to income ratio, or use that cash for a down payment.
Currently I have $4,000 left on my vehicle loan. Would I be...
Brian G. Bump
Whereto hold RE profit frm sale while searching fr new investment
We are negotiating selling our rental home to the current tenant. We have lived in the home 2 out of the last 5 years(owned it since 2003), which should prevent us from paying capital gains taxes. The goal was to keep...
Alex Schumer
New Commercial Real Estate Investor
I have two residential rental properties that I enjoy very much. The time has come for me to move into the commercial market. I believe my niche is multi-family. I feel like giving someone a roof over the head is a gr...
Michael Shadow
Drug use and contacting the police
I went to one of my apartments today walked in the door and could smell weed. I knew which apt it was coming form so I knocked on the door and asked the tenant if anyone in their apartment was smoking weed, I knew th...
Shane H.
Using a General Partnership to lessen taxes on Owner finance?
Hello all this thread is kind of an off shoot of THIS ONE so you can read there for some of the details.I followed up with the owner last night on a whim as I had not talked to him in a while - we are supposed to mee...
Account Closed
Wholesaling and Bandit Signs?
Hello, I'm a newbie in Chicago and am looking to wholesale properties to start out in my area.Are there currently any Investors here that have used bandit signs successfully to find motivated sellers in Chicago specif...
Jonathan Jacobs
New Member From New York
Hello I'm Jonathan Jacobs I'm originally from Long Island NY and I currently reside here. I own rental property in NC. In Fayetteville, NC. I would like to invest more in that area.
Right now I'm trying to ra...
Orlando Paz
Dodd Frank Questions
I was wondering if anyone had any tips or advice on dealing with the Dodd Frank laws?... I’m not too savvy about the details of these new laws, but it seems to be a huge hassle from what I have read so far.Taking the ...
Patrick Dundon
Umbrella policy after 4th rental property.
Hello, everyone. I just added my 4th multifamily property and was informed by Geico that they would only allow me to carry four homes on my umbrella policy. Was wondering if anyone had this problem and had to resort t...
Amy L.
On the fence about this potential tenant
We are first time LL with a 3/1 SFH. From our ad in the local paper we received two calls and the second caller passed the phone screening. She is retired military with a disability (SS), going thru a divorce. The h...