Yiv L.
Anyone successfully evicting due to unauthorized occupants
I would like to see how many of us was able to evict a tenant solely based on unauthorized occupant. I know many of us said as long as rent is paid, why bother? My major concern of unauthorized occupants are their ...
Charlie MacPherson
Has anybody ever used an MFR as an investment for their church?
The church where I've been a member for the last 10 years is trying to recruit a new pastor, as our previous pastor moved back to his home state after 9 years with us. Like many churches, our congregation is both agi...
Kevin Turano
Pre-Purchase Inspections - Tenant not co-operating
The owner has never seen inside Unit 2 and I need to get a plumber and electrician inside to check things before I sign a contract. We are not using realtors. This is an off market property. Unit 1 and 3 were prett...
Johnny Santos
Financing
Guys I have a cash buyer who has a large amount of cash. The cash is not in the bank is in his house. His concern is how can he structure a transaction by paying actual cash for the property and not having to put his ...
Khari F.
How do estimate tax & ins increase in analysis
If tax and insurance are variables that can increase year to year - do you allocate reserves for that or is that what cash flow buffer and rent raises are for? what events can cause a big jump for those?
Stuart Fischer
Bad credit tenant but wealthy friend paying upfront
I have a prospective tenant that has informed me they have bad credit but is willing to pay 6 months in advance. Single mom coming out of divorce, recovering alcoholic, currently employed as a nurse.The weird part is ...
Account Closed
Do low clearance ceilings completely kill deals?
I've got a deal I'm evaluating: 2B/1BA (could be 3B/1B), built in 1927. Owner is asking 55k, it probably needs 40k in repairs, ARV is 130k, and the area is up and coming. Rent in the area is $1800/month as well, so th...
Trevor Bingham
First time go... But is it worth it?
I am looking into hacking this Duplex. I currently live in a condo paying a mortgage of $833 a month with an HOA of $75. It will rent for $1200 from what my Realtor and Banker have told me. Leaving me with $292 before...
Charles Jessup
How can I reduce capital gains tax on a new rental home?
I bought my primary residence 4 years ago for $150k. Now it's worth $200k because of market increases in the area. I'm planning to buy a new house to live in and rent out the old one, but I'm concerned about becomin...
Peter Johnson
Landlord Strategy: Become the Utility
With rapidly falling solar costs and the 30% tax credit, has anyone discussed the idea of "becoming the utility" for their tenants?Most landlords can have solar installed at no up-front cost & finance it over 25 ...