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Hello Everyone,Sorry if this topic has been discussed before. I was looking for specific information and didnt find it in a quick search.I'm looking at 2 multifamily properties and have down payment for just one. Both...
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I approached an investor friend of mine who had expressed some interest in having me assume a loan of his on a nice four family. He got cold feet, expressing what would have been seller's remorse. He then called me ...
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Hello everyone.First time landlord here. I just had my first tenants move into my property on the 1st, when doing the final walkthrough I reminded them that there is no garbage disposal in the kitchen, I did mention t...
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Hello everyone!
Working on a few STR deals with savvy investor sellers and we are wrapping some really low interest rates so the DOS clause concern is very much alive… We have decided to go the land trust route w/ o...
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Here's a question that likely only the people that keep their own books or the accountant minded will appreciate. Do you lump together your repairs and maintenance costs on your income statement or do you keep them s...
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I need to hear some nightmare stories on subperforming notes. Just recently began studying them, and not seeing the immediate risk. Long foreclosure process? State loan laws tough to understand? Loanee difficult to...
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Purchased a duplex March 3, 2017. One of the tenants lease was up last year so basically they have been on a month to month. I informed the tenant I was going to raise the rent and if they wanted to continue renting ...
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Hello,
I must admit that I have been much of a non conformist most of my life, and I have not really followed the path of prim proper or clean cut. The past few years I have been dressing and grooming better in order...
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So I may be over thinking this or maybe this actually does matter as much as I think it does, but I am in the process of getting my real estate salesperson license. I’m on track to be licensed next month and I’m curio...
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I’ll give you $1000 a month to tell me how to dress! … or not!!!
So today I met with a friend/realtor acquaintance at a closing. And he had on a jacket with a matching sweater. His wife was with him they were dressed...