Jorge Abreu
Last Week Review - Economy, Multifamily, Rents, Employment & More
QUICK REVIEW OF HOW THINGS STOOD AS OF LAST WEEK. Covering the Economy, Multifamily Real Estate, Rent Collections, Employment, Interest Rates & Stocks.ECONOMY:Staggering Rise in Unemployment
The official unempl...
Sarah Buchanan
Charge tenant to replace carpet/what qualifies as "normal wear"?
How does one determine what qualifies as "normal wear and tear" with regard to carpet? I had a tenant just move out after a 12 month lease and, while the carpets (in bedrooms) were not brand new and had a couple of s...
Weina Shi
Self Storage Facility Insurance Providers
Hi fellow investors,
Who do you use for insurance? Any suggestions?
Quentin Mitchell
My case for lower priced properties.
Now I am a little biased because right now this is my niche and my strategy, but this is my pros for investing in lower-priced properties.1. An easier barrier to getting into the property2. Lower risk, I mean money is...
Manrup Sandhu
Owner deceased, 30k in missing mortgage payments...
Hey all,I found my first opportunity. It's a vacant single family home in a great area. Problem is, the owner is deceased and there is a 140k mortgage balance with 30k in missing mortgage payments. When the owner pass...
Shan Vincent
Guest Smoked in our STR
Hi Everyone! We use our property as a vacation rental. We had people there for 2 months that smoked in the house. We found the evidence in the trash. They denied smoking in the house and do not want to pay the cos...
Shireen Y.
Can I 1031 property in my name to a Living Trust owned LLC?
I sold a property that was in my name and would like to use my 1031 to buy rental properties in an LLC owned by a Revocable Living Trust. I understand that the taxpayers from the relinquished property and the property...
Robin Hines
Real Estate Attorney--Cleveland, OH
I am seeking recommendations for a real estate attorney in the Cleveland, OH area. To provide a brief summary, you know those emails you get about doing short-term private lending secured by real estate as an easy, pa...
Connor Williams
Assumption and look back?
Posted in the wrong area originally. My wife is interested in assuming her mom‘s mortgage. We have checked into this and it is something that she can do. However, the question we have is, if she assumes the mortgage a...
Joey Fontenot III
Process of moving tenants into and out of a Rental Property
Hey Guys
I wanted to get all of the landlords feedback on how they handle the move-in process and move-out process for tenants in their rental properties including, how the process is outlined in a lease, what occ...