Rusty Knowles
Funding for Start Up - Can you include Payroll
When starting up a new company and seeking funding, are you able to or is it taboo rather, to ask for payroll and/or operating fees during that start up?My scenario would be a start up property management company that...
Mike Monaco
Corona Virus Aftermath
The Corona Virus is forcing many to work remotely for jobs that never had the opportunity to do so in the past. Once this Pandemic comes to an end how is this going to impact the real estate market if most jobs contin...
Josh Foret
How critical is consistent income when using the "house-hack" duplex method?
I've read several of the blog's with regard to "house hacking" including @Scott Trench's experience with his first property as well as @Darren Sager's podcast on his duplex ventures, and I've decided this is the path ...
Stephen E.
Condo Conundrum
So it is winter and I have been searching for bargain priced condos to add to my rental portfolio. Unfortunately there is a severe shortage of townhouses, which seem to be the best kind of rental unit here, in contras...
Joel Colvos
Our property is now worthless thanks to the County Health Dept
Last year we purchased a cabin in Kitsap County near Seattle with the intention of using it as a part time short term vacation rental. It is a lakefront property which comes with septic challenges and the original ne...
Andrew P.
Mortgage and LLC
Hi I'm trying to buy rental properties for 80, 90k. Wells Fargo is telling us they can not give loans with the title being in the LLC, it has to be an individual loan. They only do LLC title loans for above 400k. Is t...
Jeremiah Quinn
Mother-in-law apartments- Good places to look?
Hi all,My wife and I have been renting in SLC for the last 6 months saving up for 20% down payment on a house with a Mother-in-law apartment near our work in SLC. I've found some decent homes costing roughly $1.25 pe...
Justin Case
First Tenants moving out - Keeping most of the deposit & nervous about it
My first tenants are moving out and I am keeping all but $65 of the $1300 deposit.
I itemized everything per LT law and sent a letter with original receipts.
They are arguing already it was not received by today th...
Rich Simpson
How to get out from underwater ethically?
I'm new here...Our house is underwater by more than $200k. There's no sign of it being anywhere near what we owe on it, let alone 20% over in order to refinance in 3 years. Yes, this was a 100% financed, 7 year lock...
Adnan Dizdarevic
Stuck and unable to start!
Good Morning everyone,Currently I’m stuck and unable to start BRRRR and here is why:I have everything in place, I saved the capitol, I have a real estate agent, I have a contractor, I have a hard money lender, I studi...