Rodney Sums
Air Bnb deletes reviews
I recently used Air Bnb for the first time as a guest. Long story short there was an issue the host was not helpful with. I had to contact customer service to get some expenses refunded.
Air Bnb ASKED ME to submit ...
Christian Albright
Single family vs Multifamily? Your opinions and advice
I’m currently toying with the idea of going for a small multifamily property instead of a single-family home to make the numbers work in a more competitive market. I’d be curious to see what people have to say in rega...
Michael Hague
Tenant moved out- owes rent / oil bill & left garage everywhere!
Hello, we had a tenant move out that we inherited with the building. We are owed approximately $2,300.00 in back rent and heating oil bills. We gave a demand for rent & eviction notice about 15 days ago, but they’...
Kayla Elliott
What is the best loan strategy for this buy and hold?
The situation is a little lengthy, but hear me out..I am purchasing my childhood home from my mother (my deceased father's rental prop) seller finance. Because she is my mom, I can have her deed the house to me so I c...
Darren Nardo
DoHardMoney.com / other hard money lenders.
I’m looking into hard money lending companies, also working on building relationships with possible future investors or lenders. I came across DoHardMoney.com and am qualified for a loan. I talked to them and t...
Destiny Rich
Are we nearing a recession? What do you think?
The U.S. gross domestic product contracted in the first quarter by 1.5%. The stock market has been tumbling. Demand for warehouse space has surged as retailers look to avoid supply-chain disruptions. The retail Inflat...
Belinda D.
Receiving a finder's fee from an agent
I would like to provide leads to an agent and be paid for it.
In Ontario Canada I know that an agent cannot pay an unlicensed person a commission/referral fee. If it is called by another name i.e. finder's fe...
Michael A.
Are FHA loan offers still competitive in this market?
I’ve been reading as much as I can on BP and one thing that is highly recommended is the use of an FHA loan to purchase a multi unit property to house hack. When I bought my first home I opted to use the VA loan since...
Troy P.
What are the drawbacks of a K-1?
I was reading comments about some crowdfunding site. Someone said they weren't attracted to a particular investment because it was a K-1 instead of a 1099. I was a little confused since a K-1 allows you to claim pap...
Bob Floss II
Comments on Illinois Wholesale Activity
The topic of wholesale activity came up in a discussion among Illinois real estate attorneys. One attorney shared an email exchange he had with an attorney at IDFPR. I'm sharing here to help keep the community inform...