Mike Weston
Use Property Management or Give Notice to Vacate Myself
Hello, we are closing on a duplex very soon and there is a tenant in one side that we would like to give notice to vacate to. They are month to month so we can give a 30 day notice. They also have done significant d...
Mike Rubin
Mortgages vs. Private Investors for Rehabs
When people are trying to rehab homes, why do I keep hearing about private investors to fund the projects? Does a conventional mortgage not work?
I just watched my first episode of Rehab Addict and, she too, uses pri...
Madeleine Austin
Inherited tenants...first time landlords
Hello! My husband and I just closed on our first rental property. We are inheriting tenants whose lease is up at the end of the month. We were under the initial impression that their intent was to move out. Now we hav...
David Beard
Property Manager - question on funds handling process
For you seasoned landlords and PMs, I was wondering your thoughts on this language in a PM contract, related to funds handling. Thanks!
"4. ______ ______ If this line is initialed, Owner agrees to open a checking a...
Kyle Clevenger
How do I approach an owner for owner financing?
I think I need to start with a small background so the question might make sense. I recently bought my second home and am able to turn my first one into a rental. The tenants I've found are actually friends and neig...
Vivan Bhalla
Akron Property review and advice needed
Hi everyone,
I wanted to share my experience with Rent to Retirement (RTR) and ask for advice on what I should do next. I hope my story helps others avoid the headaches I've encountered.
I was referred to RTR back i...
Saran Mandhadapu
How to setup parent and subsidiary business bank accounts?
Hi,I have formed a holding/parent LLC company and a subsidiary/operating LLC company which is 100% owned by the holding/parent LLC. The idea is to buy rental property in the name of the subsidiary/operating LLC.I was...
Kevin Leppink
Reaching out to absentee home owner to sell
I recently came across a problem property I would like to purchase.
I was at a friends house and decided to drive by my childhood home. The grass was extremely overgrown, 3 windows boarded up, weeds 5 feet long comin...
Cosmo Iannopollo
A Hard Money/Private Loan/Refi Trifecta of Help Please
Wife and I found a gem of a house that will not qualify for a rehab loan, but offers a chance to sell for $150K+ ARV based on the neighboring comps. The issue is that we're looking to turn this into our primary reside...
Ted Daniels
Wholesale (Lease option)
What happens if tenant/future owner decides to break the contract and not pay the rent after a couple of months, 6 month eviction process?