Ryan Bird
Tenant screening trends in current market
I heard in a local real estate investing webinar that tenants screening rules needs to be revisited in this market. In short, they were saying that tenants are able to afford buying homes now (with the interest rates ...
Miranda M.
Three Broke Felons - What to do?
Hi all,
I recently closed on a house in Austin, TX for $1.2m but the appraisal came back at $1.9m. Why such a discount you ask? Because the place came with 5 unrelated tenants (room share) 3 of which are delinquent ...
Austin Dias
Starting my REI Journey
Hello all!My wife and I live in the Central Valley of CA and are gearing up to purchase our first rental property (ideally some time in 2024). I have been a notary/loan signing agent since the beginning of 2019 and ha...
Kushal Bandi
Real estate investment overseas vs USA market
Hi, I am very new to this forum so please pardon my ignorance. Let me start with my background. I am originally from India and moved to States to pursue my masters. Its been more than 4yrs I have been working with ver...
Heather Hanoski
Rental increase during pandemic
I have a tenant who is coming up on their 1 year lease renewal. The existing lease allows an option to move to month to month should we both agree, and I don't really have an issue with that. She's been a good tenant....
Jacqueline Chavarro
Anxious for next investment- NYC
Background: Currently house hacking first 2 family in Bushwick in 2012. I rent both floors. Info as follows:
Purchase price: $440k with 40K down
Current Principal Balance $330,369.37
Current Interest Rate 4.125%
M...
Johnny Pedroza
Automatic rate increase for unknown tenant
I have given special consideration to a tenant based on her financial circumstances. Her contract is set to renew December 2018. How can I place a provision in her contract that stipulates if an adult moves into the...
Eljanon Hanson
New to wholesaling what are some good tips?
I just relocated to the Phoenix area,looking for tips for success in wholesaling.
David Santana
Sole-Proprietorship or LLC
A little background I already got two properties rented (single home properties), their mortgages are paid in full so I created an LLC and decided to expand into fourplexes. The bank is telling me that any purchases...
Christopher Scott
My Best Mistake in a While
Given the current interest rate environment my wife and I decided to refinance our primary home. I'm always on the look-out to decrease my monthly payments and at 2.5%, how could I say no?
As anyone who's done this b...