Lynn Z
ARM Conversion Pitfalls
has anyone had experience of converting an ARM to a fixed rate? Number 1, there were questions as to my new address (which I had updated at their prompting when I drafted my mortgage payment); whether or not I still ...
Jason Pachomski
Your first call to an absentee owner
Hey everyone,I've started a yellow letter campaign mailing to a list of absentee owners in my area. I've started to get some responses and I wanted to ask anyone who's gotten deals or has at least dealt with absentee ...
David Evans
PITFALLS TO AVOID WHEN INVESTING IN MULTIFAMILY
When considering your next acquisition in Los Angeles (or nationwide), here are some of the things that you need to consider first:
BUYING A PROPERTY LOCATED IN A MUNICIPALITY GOVERNED BY RENT CONTROL WITHOUT A STRAT...
Liad Amir
Condo vs house
What are people preferences? i own few condo's in NJ and find the association a pain. On the other hand, not dealing with roof, pipes etc damage is a big deal for me. Any comments/advice? are there areas where condo's...
Ann M.
Self directed Retirement Plan Questions
I currently have a SDIRA with a check book LLC. I have a couple of houses and mutual funds. I have just learned that I may or may not have overstepped my arms length vs personal involvement by occasionally providing...
Jeffrey Tucker
$2,750,000 40 Property Package Sale???
Hello Fellow Investors
My curiosity is driving me crazy. We have such a diverse mixture of knowledge and business savvy here. In brief, I have a wholesale deal pending on a 40 property package deal ($2,750,000).
I a...
Mike Oconnell
Double deposit vs pre-paid rent if rental qualifications are not met
If a rental applicant falls a little short of our qualification standard of 3x income or favorable credit, we sometimes offer an option for the tenant to pay a double security deposit or pay 2 or 3 month's rent in adv...
John Barnette
Strategy for high equity position
Was searching through old posts and couldn't seem to land on what I have been thinking about. Sure it is out there. Maybe time for discussion again..Basic strategies for equity appreciation and 1031 trade up. I have...
Account Closed
Important things to tell your seller
How do you approach someone you know is in a position to want to sell their house and make them trust and pick you to work with?What are some good questions to ask your seller to make sure you best understand their si...
Jason Herbert
Old Tenants New Property Owner
I am closing on 2- 4 unit buildings at the beginning of next month. The existing owner has been nonexistent for the better part of the a year at the properties. We are planning on starting capital improvements right a...