Derek Fike
Honest Discussion on STRs
Hey Everyone,I know that there has been quite a bit of conflict as to whether an STR can be profitable or not, so I figured that coming to this community for perspective would be best. I keep hearing that STRs are dea...
Dustin Palls
Found a Fannie property I want, possible"Meth Lab"
I found a great deal on a Fannie Mae property. I am concerned because both neighbors mentioned "there were lots of drugs done in there" when I visited the property. All of which is speculation, so I decided to contact...
James W.
Purchasing "subject to" protections for buyers and sellers
I’m looking at purchasing a property in Minnesota and it may be possible to buy it subject to the existing mortgage. I have done a bit of searching about this on here and have not been able to find a consolidated thr...
Varinder Kumar
City finally adopted ADU laws, time to get to work. Need advise
My city has finally drafted out their laws for building adus in accordance with CA law. I am looking to build a 300sqft ADU for Airbnb purposes. Luckily my street with wide enough so i do not need to have a dedicated ...
Dan Falla
Difference between Lease Option and Rent To Own??
I am confused. I have heard Lease Option, Lease Purchase and Rent To Own. I am not sure I am speaking the same language when I refer to Rent To Own versues lease option.Can someone explain the difference to me? Her...
Robert Vorhies
I just found out that my tenet has 2 cats.
So I just found out that my tenant has 2 cats. He has been here for about 4 years.What should I do?I have in my agreement that there are are no pets and he would inform me if he has one.What should I charge him?Pet re...
CL Ziegler
20 percent down, always? (is it possible to do less?)
Hello,
Is the 20% down payment guideline a fixed rule across the industry? Or, is it possible to get a mortgage on rental property for a smaller percentage down payment? (maybe 5-10%, or even *gasp* no money ...
Sarah Damico
Tenant wants to break lease early- advice please! (CO)
Hi All,
Our tenants moved into our downstairs unit not even a month ago and just asked if they can bring in two cats. The lease clearly states no pets and we are pretty firm on this rule so we let them know that is n...
Account Closed
Follow my journey with multifamily purchase #5.
Follow my journey tracking progress on multi family #5. This thread will discuss the steps I have/will take to make my most recent real estate acquisition successful.
Let me get you up to speed. Here's what's happen...
Maryann L.
HAFA 90 day hold?
Does anyone have a clear picture how the HAFA 90 day hold will affect those of us who use transactional funding?
How can we pre-determine if a property falls under the new HAFA guidelines ahead of time?
I'm not a ...