Ki Lee
how to reconcile tenant credit/balance on closing
Scenario - 4 unitsUnit A - rent $500. Paid on time 0 balanceUnit B - rent $500. Did not pay. $500 balanceUnit C - rent $500. prepaid next month's rent - $500 creditU...
John Pipitone
Moving Property from Flip to Rental
I purchased a property in Dallas well below market value from a wholesaler in October 2016. I fixed it up and put it on the market in February 2017. In the next couple months, I got a couple offers, but they fell th...
Mike B.
Newbie Question - Tenant Screening
So first time landlord here again. We had trouble finding good tenants earlier in the winter, so we pulled our listing off Zillow for a few weeks and then relisted our property yesterday with a 3% lower rent. I'm so a...
Andy Sabisch
Question on seller contributions
Well as the market shifts thanks to the interest rate hikes, the offers one receives also change. Wanted to get perspective on this offer. We have a small flip house that we listed for $98K (I know, market drives pr...
Cheryl Packham
Cash Out Refinance
So, I just read the article, "The creative way to finance investment properties you probably haven't discovered yet." And this was actually what I was planning on doing. However there was a section of concern for me...
Saul Arredondo
Mutual funds for saving?
Hello so I'm 23 years old and my plan is to invest in real estate small multi family properties
As for now I'm am just saving up to be able to put in a down payment of 20%
I have a friend who is suggesting I put my...
William Hinsche
Is it normal for NQM lenders to charge 8% closing costs?
Is it normal for NQM lenders to charge 8% closing costs for purchasing investment residential 2-4 SFHs?
Chris Iley
Rental refi, but mortgage co. to charge 18% in fees on 100k?
So i own a rental, in the mid-west, for about a year now and trying to do a cash out refi using only the income from the property, $2000 per month, and not any personal income. Home was purchased for cash in an LLC. ...
Gulliver R.
Should I prepay 2018 property taxes now?
There's a lot of buzz out there on this. I know most comments won't be front CPAs or tax professionals. I might be a little late on this, but should I pay my 2018 property taxes now before the year runs out?
Stephanie Hardy
Rent to a gold company?
We have a SFH 5bd, 3 ba with pool home in Las Vegas. We have a gold company (NewCastle Gold) wanting to rent our house for a year, at least. From their website, it seems they've been in business since at least 2013 an...