I’m renting out my home and had a IG influencer apply. She makes great money 4 times what rent is a month. And her W-2 reflects that. She does have one account in collections but as second position. ( was a co-signer ...
Full disclosure: My partner and I are complete newbies to wholesaling and commercial real estate. We had no intention of getting into commercial, but in the process of looking for residential properties to wholesale w...
I have 2 rental properties that are run by a property manager. The first one I purchased in April and the second one in June. Currently they both have tenants. On the lease, it states clearly that the tenant can no...
I have been getting nickeled and dimed with leaks and clogs. From a prior life in Illinois, I remember we had no problem making all plumbing issues part of the tenant's responsibility in the lease. However, I'm n...
I am at an impasse in my legal setup. My original plan was to buy 3 properties and then set up an LLC. I am now thinking more longer term. I considered a Series LLC, and I also considered just sticking with umbrella...
Hello All,This is just a story of first steps for anyone out there interested in hearing about it from a new person.One thing to note: This is very time consuming if you're really involved in the process as I was. My...
Hello,
I made an offer on a REO with 20% down and the rest is being financed. I was told that no inspection would be possible after accepted offer. My loan officer qualified me for a renovation loan to fix whatever...