Michael Johnson
Low income lease
I have a 6 unit building with low income tenants. After a tenant's one year lease converts to month-to-month is there any incentive for the landlord to sign a new lease? I'm not seeing a benefit. My thought is that...
Patrick Crehan
How many properties/units can you self manage before it becomes impossible?
short background. I am about to start looking to buy a second rental property here hopefully in the next coming months. But also, I will be moving out of my house around the same time and turning that into a rental. I...
Stephen Daniel Pace
Using a HELOC for first property
Hi BP! I’m looking into getting a HELOC on my primary residence since I have significant equity mainly due to the current market. I’d like to use it as a down payment or cash purchase for my first investment property ...
Aaron Gough
Question for TX brokers from an AZ broker
In AZ, sometimes an unrepresented buyer will want to buy a property I'm listing. In order to make their offer stronger, they will ask me to apply the commission normally reserved for the buyer's agent to their offer....
Gary Fraser-Lee
Loan Due on Sale clause when changing name on Deed
I have a rental property that I want to move into a newly created LLC in order to get it out of my name directly.Since I have a mortgage on the house, I reached out to the Mortgage company and they say that I can not ...
Rene Bee
Contractor wants to be paid in cash
Hi Everyone,My GC want to be paid in cash. Its a gut rehab which will be over $100k. I will not be paying it all upfront. I am not concerned about him disappearing or doing a poor job as I have known him many year...
Account Closed
My tenant stopped paying rent...
Hello, I live in Montgomery County, MD and about 3 month ago I rented my basement to a single lady. I gathered one month security deposit and first month rent at the day of moving. After the first month she stopped p...
Treivor Cashion
The dichotomy in this business...
So I'm in the process of writing my business plan to start my real estate investing in a couple of years, once I build the connections, systems/processes and the capital to do so. While writing my business plan, I cam...
Jordan Futch
Winning strategies for Southern CA in 2023
I just have a question for anyone active in SoCal; Are there any areas in southern/ central California where long term rentals cashflow, or is that impossible now with today's interest rates? Most of the deals I see t...
Kyle Soderman
College rental analysis
I have been analyzing some deals in my area and have come across one that is of interest to me. This will be a college rental that is only 3 blocks off campus which is prime location for a college rental. 4 bed 1 bath...