I’ll try to keep this short..I started buying property in 2018 using a local credit union and my dad as a co signer. Things were going smoothly I’ve never missed a payment I’m on auto pay and have plenty of reserves I...
Hello,I am a new investor and currently own two single family rental properties.I have a third property under contract that is seller financed.We were under contract and a few weeks from closing the seller notified me...
I can’t tell if this is a good or bad omen. I was SUPPOSED to close on a property today - notary meeting was being scheduled. I received an email from my lender stating “a document was recorded that will not allow us...
Hi!
When you are rehabbing and a contractor has availability to do work when you aren't available because you have to work what do you guys do? Leave a key? Pay someone to meet them/over see? I am working full time s...
Hello all. I'm having trouble creating a process around property showings for my out of state rental properties. I've just create an account with Cozy to handle the application process for the tenant so that part se...
Hello everyone,Currently looking at a house that is tenant occupied, tenant is month-to-month. Seller states the tenant has been great. What should I look for? If I purchase property, do I keep tenant or vacate and re...
As a new investor I am not at a place where I can estimate rehab within any real level of confidence. There is a matrix I like from Jeffery Norton that uses the ppsf method and I think that is a good place to start a...
Hi All,Currently I am a Property Management Company with 20 units that I manage. At years end I will be forming an LLC and creating new contracts with the owners under the newly formed LLC.My plan is to just have 1 LL...
Anyone willing to help me understand a method?Seller finance/lease option with motivated or foreclosure?Somehow the owner is paying you to buy/flip their house with no cash from your pocket????Heard briefly, but didn'...
For those with STRs in areas where the power frequently goes out, what do you do? Do you have a backup generator? Just keep flashlights and candles around? Let guests deal with it? We have a cabin in the Pigeon Forge ...