I've seen some posts on the LLC topic (especially the Wyoming LLC trend) and of course ended up on the fence. My scenario is I have 800+ credit, great job history, and a rental with $300K in equity and cashflow of $90...
I am thinking about buying a 3 Unit MF house within 1 hour of train/bus commute to NYC for about 300-400k. The issue is, this is in the hood. I plan on being in and out within 2 years of renovation and renting out eve...
So I have a bedroom I am trying to rent out and I have been getting emails from a woman that claims to be in a remote fishing village in Alaska right now and is moving to Austin. She says they don't have phone service...
@J Scott had some questions concerning this on another thread. Did a search on the internet and found a memo from NAR concerning this issue. Seems like there were court decisions in numerous states. I was a licensed a...
Hello all,
I am located here in Dallas, Texas and attended a free introductory seminar from Lifestyles Unlimited REIA last night. I enjoyed listening to what they had to say and the speaker was very informative.
I ...
The floor guy came to install new floors. When he tore out the old carpet, he told the tenant that he smelled mold. There are no black spots or wet spots, and no leaks at all. The tenant has a husband and 2 young kids...
Hey folks.I'm under contract on a 4-plex and one of my contengencies is the review and approval of lease and estoppel agreements for all tenants within three weeks of contract acceptance. My issue is that the seller's...
Hey there! Question about home appraisals and what to do when your selling price doesn’t match the buyers loan appraisalI’m selling a house I rehabbed. Did the deal and rehab all in cash. Had an offer within 24 hou...
Hello Everyone, I am learning about the process to become a private lender and wondering if others who have done so are willing to share their experiences. How difficult is it to start and did you have a mentor to he...
Please assist....I have a drug dealer for a tenant. I actually saw the person dealing. My immediate reaction was to call the police and evict him. Then...several things came to my mind.
a) If I have him arrested,...