Elizabeth Colegrove
Repairs Due to Tenants Negilience
The dishwasher in one of my rental unit stopped draining. $80 later the repair man told me it was due food getting stuck in the drain that was missed by the filter. I paid for the repair.
The repair got me th...
Michael Sothern
Using Credit Card Cash Advance 0% interest for 12 months
Due to my lack of documented income (I am paid in cash) I have had a hard time qualifying for a loan. Credit score of 750+.
Example of property I am looking to purchase:
Credit Card Cash Advance: $30,000.
Personal ...
Katharina Bormann
General non-responsiveness from tenants in adhering to agreement
Hello,How do you handle non-responsiveness from tenants regarding not-so-critical issues. E.g.,1. If the tenant does not clean up large trash items in the backyard despite repeated requests. The contract says - RESIDE...
Samantha Gehin-Scott
First timer with questions about hard money lenders
I currently own my own and have an investment property that I use for short term rentals. Both of those were purchased with conventional 30 year loans which required a decent amount of capital. People always talk abou...
Autumn Allen
Any Hard Money Lenders that charge 0 points?
I know there are a lot of hard money lenders listed on the site, but I wanted to know if anyone had a personal experience with one that met all the following criteria:1. 100% of funds given for purchase, rehab, all as...
Brad B.
Interest Rate Question
So this isn't really a REI related question, but more of a general investment question. I'm open to anyone's thoughts, ideas, or advice.
I am in the process of doing a loan for approximately $65k. It will be paid b...
Silvio L.
First deal discussed, tell me what you think!
Hello Everyone,
I am new to the world of Real Estate investing and I came to bigger pockets to get ideas and advice for my next deal. But before I post about that, I wanted to share with you all my first deal, w...
Jae Chang
Can a landlord evict a tenant for not paying late fee?
Hi everybody,I have a tenant who did not pay her rent on time. She was aware of the late fee and she agreed to pay it. However, when she sent her payment, she only paid the rent, not the late fee. She said she will...
Ryan H.
Paying Down Mortgage with HELOC?
Hello, I'm trying to understand whether paying off my mortgage balance using a HELOC would make sense. I am feeling confused about it, because the terms of each are so different. The mortgage is a long-term, fixed r...
Mario Alexandrou
Offering incentives to rent property.
As winter is approaching here in northern Wisconsin I have 3 units vacant. Is it permitted to offer incentives, like a free TV for first qualifying tenant, cash back on first month's rent etc. Any advice on how to at...