Nicolette Janssen
Want to learn about real estate investing in LA, CA
Hello my name is Nicolette Janssen,My husband and I attended a 3 day class from Fortune Builders about real estate investing. It was really good. Their mastery class is fro 20K to $34,000 a year for coaching. we will...
Erlinda Sanchez
Property Management left Utility Bill unchanged
Hi everyone,New to this forum! I recently had tenants move out a home we had under property management. I checked the mail yesterday and there was a utility bill under my name for $520. As for as I know, it was up to ...
Talha Makki
How to find motivated seller from MLS
Quick question. Can you find motivated sellers from multiple listing service. If yes how do I find them? Thanks everyone!
David Schach
50% rule seems extremely arbitrary
I am very familiar with this rule of thumb, however it seems so misguided and arbitrary and takes into account almost nothing other than a base rental assumption.Say you've got a 10 unit building and most tenants are ...
Robert Sprague
Using HELOC to buy property in cash
Hello I am currently in the process of buying first rental property and I have secured funds using a HELOC. Was wondering if I use the HELOC to pay for property in cash then get a conventional mortgage to pay back the...
Mark Husband-Wood
Commercial property late fee
Is anyone familiar with late fee laws in Maryland for a commercial property?Flat fee, percentage, maximum amount, how many months can the late fee continue to be applied, etc.Thanks in advance!
Joe Smith
Inspection Contingency and Due Diligence HOW TO USE IT
My offer on my first multi-unit (7) was accepted. Since then I have been talking to insurance agencies, finance, code inspectors, and researching taxes more carefully. I no longer think it is a good deal.. I have a...
Ian Cooperman
Potential Wholesale where seller is giving no time for Inspection
Hi all, I'm new and trying to determine if this is a normal contractual stipulation for a major rehab. I just received the contract for review for a property that I'm thinking about wholesaling. Looks like the seller ...
Dana Sample
Do flippers deal with tenants?
I’ve been noticing that on market properties with high ARV & large spread after repairs/rehab have been sitting on the market for long periods of time due to current tenants. Are there any rehab investors out ther...
Mike Hartzog
Borrower Accommodations for COVID-19 Impacts
We have some performing loans in the portfolio and have been contacted by a two of our borrowers (so far) who are currently out of work due to COVID-19 lock downs. They are asking about skipping payments until they c...