Chris LeMay
Tenant Backed out 2 hours before handing them the keys?
Need some guidance on this one as this is a first for me. Here is the situation....We purchased a condo on Jan 16th. We found tenants and they have signed a 12 month lease. They were scheduled to move in yesterday ...
Jim Goebel
Kids College Savings - 529 vs Coverdale vs Roth IRA
Hi everyone, We've been thinking through the best way to save for kids college. We have two kids and have been maxing out our state's 529 plan. Quinn is a 3 year old boy and has about $18,000 in a 529 account alread...
Account Closed
investing in low income strategy?
hello everyone, I'm a newbie looking into my first investment. I currently have been centering my search in more middle class areas, but the prices are a bit high. my question is this. how is it going into low income ...
Kate K.
How to valuate deductions from Security Deposit properly?
Our property is in Lake County, IL and we are going through a 1st transition from 1st tenants to our 2nd ones. Tenants that moved out this month, left some damages behind (some repairable and some not) as well as didn...
Burt L.
Is It Dangerous For a Wholesaler to Have a Realtor's License if Working Directly With Sellers?
I've seen a few different views on this and it remains unclear for me, so I offer my apologies in advance if its repetitive.
The brokerage I spoke with about wholesaling said its alright as a realtor if doing REO's ...
Mike F.
Bank asking what i'm doing with the funds?
I'm doing a cash out refi and the bank is asking me, "what am I doing with the funds', what is the right/wrong answer to this question?Obviously, they have never heard of BRRRR method. thanks in advance for any insight.
Jolene P. Neal
New York Nightmare Market???
Hi everyone,
I noticed that there are hardly any success stories being posted by investors in NY. Primarily around the five boroughs. I have been digging through the MLS hoping to find a diamond in the rough accordin...
Ashraf Farrag
Thoughts on converting my rental property to a lease option?
I have a fairly steady rental property. It was a former home of mine. I lived in it for 7 years and it has been rented for about 6 years. There still is a mortgage on the property and it has a decent amount of equity ...
Matt R.
The changing face of Los Angeles - Gentrification areas
Ucla recently covered this topic. LA has 85 hoods and the population is predicted to grow 30% by 2030. The city is looking for solutions to help with the housing shortages including allowing granny flats in backyards....
Maria Callaghan
Do you avoid HOA properties?
New investor here!Considering purchasing a home that has reasonable HOA dues each month for our first rental property investment, but have heard horror stories of HOAs deciding to not allow rentals, stop investments i...