Wesley W.
Prospective Tenants, Application Submission & Deposit To Hold
Hi All,As I continue to try and sharpen my RE game, I am going to solicit feedback on how people handle prospective tenants and the application process.Here's what I do, and I'm wondering if there is a better way:Pros...
Jacob Cho
Californian trying to buy first investment property
I'm trying to buy my first investment property with ~$100k saved up.My brother started his first W2 job last month that pays $45k/yr+ commissions.I plan to get a minimum wage job/an entry W2 job since I'm still in col...
Austin J.
How to get that 2nd property?
Just Closed on my first property, and I'm feeling like I made a mistake. Bought a duplex for $157,400. My mom will live in one half and I plan to occupy the other. I got a great deal in one sense- My mom supplied the ...
Douglas Skipworth
Nothing like a brush w/ death to put you on the straight & narrow
What is your fire plan for your rental house and your residence? You better have one.Tonight at 9:00, the motor in the clothes dryer at my personal residence in Memphis caught on fire. The kids and I were just finish...
Jim Lutz
IndyMac???
Has any one had any recent dealings with IndyMac on short sales?? I read some old posts right arount the time FDIC took over but nothing recently. Just wanted to see how dealings are with them response times ect.
Tha...
John Fenny
Legality of wholesaling in Connecticut.
I know there a post about this all over the place, but I haven't found too many in regards to Connecticut and I want to find specific information.I know there are people wholesaling in Connecticut, some of whom do not...
Elenis Camargo
Do we have to fix this laundry room?
Hi BP! I just inherited my third set of tenants. They have lived in the property 12 years. Never had their rent raised. Don’t have a security deposit and are month to month. The property needs a complete rehab as they...
William Goodrich
Where do I fit in the Set For Life schema?
Hi all,Just getting started here. I recently finished reading Set For Life by @Scott Trench and wanted to get some feedback on some good approaches to take, from that perspective, for someone starting later in life w...
Ron Tafoya
Tenant has lost his job.
Good morning. My tenant has lost his job. Two weeks ago I hired a property manager because he is an high maintenance tenant. He has not informed me or property manager of his situation yet but I know because I have...
Zachary Zinn
Save or Pay off Debt?
Question for you all to see what makes more sense to do right now.Debt: I have $15k in credit card debt that has an interest rates of 10-16% depending on the card. Minimum monthly is $350 but I usually put a little ex...