Cylas Brooks
How to navigate buying a property with tenants in place
Hello all! I am a real estate agent in Tulsa, Oklahoma. My wife and I are a couple weeks away from buying our first duplex and this duplex already has tenants in place. I am hoping to get some advice on how to navigat...
Irfan Saeed
Property size is smaller than the tax role-assignment of contract
Hello All - Would be very thankful if someone can respond to thisI am buying a property from wholesaler. Upon appraisal the property was found to be 150 less than the tax roll. This will eat up most of my profit. I ha...
Jared W Smith
Self-Directed Solo 401k needs LLC?
Hello all, As the title implies, I have set up my self-directed solo QRP 401k with checkbook control and trying to set up a business account. I know there are three known banks that deal with self-directed accounts bu...
Heather S.
Tenant wants to move out early - need some thoughts
Hey - please also tag me if there are other forums on this topic. I can't find any that have a lot of actual advice. Here's the story..
Triplex. 2 tenants REALLY dont get along. One is over sensitive and one is...
Gita Faust
What is your definition about Rent Roll?
- What do you think Rent Roll is? - What should be included in a Rent Roll report? Does a bank ask for a rent roll statement?I have seen so many different definition and puzzled on how everybody uses it in their accou...
Paul De Luca
Anyone else getting fraudulent applications?
I have a unit listed for rent in Chicago and I've received several highly suspect or fraudulent applications. Evidence indicating fraudulent applications includes:
-mailing addresses that don't match applicant's empl...
Account Closed
Am I The Tenant From Hell? (With Apologies For the Length)
Background: I have one rental property and recently sold another. For both, I outsourced the management, as they were in TX and we now live in AZ. Up until recently, we were renting in AZ, but just bought a place. So...
Marcus Johnson
How do you deal with the rental gap?
So I've heard on this forum once before that many Landlords will have a vacant rental for 1 month after the former tenants move out so that they can clean and show the place for the next prospective tenants. My duple...
Jon K.
Outdoor Smokers.... thoughts?
This is a shared living situation, with me as the roommate sharing property.
My policy has been "no smokers, no way."
I keep getting smokers inquire, even though I put "no smokers" in the ad.
A few have even come ...
Anthia Rymer
Loan Originator vs. Bank
After months of researching, I am ready to start investing in a Multifamily! Can someone please share the pros and cons of going to a bank vs a loan originator for a mortgage? I just started to discuss mortgages with ...