Tim Hoskins
Questions about renting out my current home, and getting another mortgage on a second home.
I have done a lot of research about this, and what I know isn't a lot.
I know I can't have more than one FHA loan at a time and I have to live in the FHA loaned home. I currently have an FHA loan on my home. My inter...
Chris Elkendier
500k better to buy one STR cash or multiple with financing?
Hello! My friends/investors and I are looking to invest into some STR properties out of state. (Currently I live in Wisconsin) I own my own home and a condo that I rent out yearly in Milwaukee but want to expand into ...
Alice C.
I am a private money lender. Borrower keeps filing bankruptcy
Hello experts,I lent money to a borrower to buy a property in Chicago. But he stopped interest payments after few months and didn't pay anything after loan maturity. I then engaged an attorney to proceed with foreclo...
Liz C.
My experience with Randy Hughes, Mr. Land Trust
I read regarding Randy Hughes, Mr. Land Trust a lot in here, altho I am not sure i anyone actually work with him.anyway I decided today to go ahead and buy his course online. Thinking i will be able to watch some simp...
Matt Liu
Tenant threatening to sue me for falling down stairs
I inherited lousy tenants in a property (year lease) who are threatening to sue me for a slip down the stairs. She didn't seem injured but yadayada had to go to the doctors and did xrays yadayada. Now they're saying s...
David Weiss
As a buyer with a $1.5mm budget, which option would you go with?
Pretend you’re looking to buy a property in Florida (or wherever the market works similarly enough for this question to make sense) and your budget is $1.5mm. Would you:
Option 1. Not use a buyer’s agent at all, just...
MIchael G.
Need Eviction Help non tenant saying shes not leaving!
HELP!! So I have a tenant who let someone stay with him, but did not tell me about the person staying beyond the terms of the lease - 2 weeks. It turns out that person is ready to play the system and when I went to ...
Stephen Glover
Almost Lost $24,000 on BRRRR, Instead Made $8,000
My numbers showed a conservative ARV of 3/1 rancher in Richmond, VA at $135,000. All-in costs including repairs, title, legal, lender fees, etc. was $108,000. I developed a relationship with a new bank with great po...
George Wolff
1031 exchange
In order to do a 1031 exchange do you have to reinvest the total amount that you sold your property for?
Bill S.
Change of Status - 6 month challenge
So in the vein of previous posts like The 90 day challenge and 1 year challenge I am faced with a 6 month challenge. The story goes as follows.
I have/had a w2 JOB. It's ok, I'm well paid and it provide...