ToRena Webb-Thomas
Rental Increase Letter
I have a tenant I inherited in Dec 2015. I was told their rent included parking and storage in the basement. I wasn't given any copy of the lease and he wouldn't sign a new lease or TAW agreement for our Property Mana...
Karina Torres
“My credit score is very good, but my income is low”.
Hello, my name is Karina.I’m a recent graduate with a BS in International Business & Accounting. I’m curranly taking real estate classes at Temple University. A friend referred me to this app so I can expand and d...
Dominick Stogner
How to use a 1031 exchange?
Hi my name is Dominick Stogner and I am very new to the real estate game. I hear a lot of talk about a 1031 exchange. So my first question is "what and how do you use a 1031?". And also one day down the road I want to...
Marcus Winchester
fha 4 plex
hello my name is Marcus Winchester and i am what you would call a newbie in the real estate investment world. But my questions are have any of you or know someone that has started with a four unit with FHA backing ...
Nathan Waters
I've found the house, found the private money, Now What?
I found a 3 unit that I think will be a good investment. I can purchase and renovate for less than 75% of the ARV and the rental numbers look pretty good. I'm going to do a more thorough walkthrough with my contractor...
Steve W.
Closing today - non-paying tenant still in place.
Hi Everyone,I am closing on a property in Virginia today with a tenant that hasn't paid rent in 4 months. I knew in advance that I was buying this with a problem tenant and I am getting a credit at closing (my locati...
Lynn Z
HR3648 reduction in cap gains rentals converted to primary
Does anyone understand this new bill which was passed to pay to forgive mortgage debt? Effective after Jan. 2008 for sale of any residence that previously was used as a rental or vacation home. I'd appreciate some ...
Mark Mynhier
Creative owner financing
A partner and I are working on a deal and have a question about creatively financing an owner financing. The gentleman is 87, but is in no way impaired, and is willing to do owner financing on the property. One possib...
Gregory Gentert
Daily Routines
So, I am currently a part-time real estate agent while I finish college (one year to go). My license went active on Jan. 01, 2016. So far I have gained my first listing and am working with a few buyer clients. However...
Bradley LaBrie
Kicking people out after Lease is up
My investor buddy has a tenant that’s lease is up and they’re ghosting him. What rights does he have to remove them the day after the lease is up? Does he have to file anything? Any time period he has to wait? Thanks