Charles Smith
What are good terms when using hard money ???
I found a 21k foreclosure that needs 10k with an ARV over a 100k.... how do I attempt to structure a win win with a hard money lender??? Any help is greatly appreciated
Nick Bleser
Month to month or year leases?
I am under contract for an 8-plex closing at the end of the month and am wondering what folks like to do when inheriting new tenants. Should I have everyone sign month to month leases or try to get them to sign year l...
Nick Baker
Need help - tricky situation
Ok - so this is a little tricky but ill try to be as brief as possible. Bottom line - my neighbor is about to sell his house and was going to use a realtor. Since rates are low and he told me this I decided to make ...
Adam Widder
Live in Flip Financing
We are looking to do a live in flip in our current market. Here's the strategy: Purchase the home, live in until we move, place tenants, after 2 years, sell the property. The home is a 2/1 listed a 90k, I believe we...
Nick Thurston
Interesting scenario, what's the best solution?
I've got a friend in a potentially awesome situation that's looking for a win win scenario. Here's what's up.Parents moved to Idaho and are renting out their old house. It's in a nicer part of a nicer town. Zestimate ...
Anthony C
My strategy - how does it look? Please critique
Hi,
I'm looking to purchase SFH's in my area and this is how i'm looking at the #'s. The average home prices for the neighborhoods i'm looking in is ~$200k (New jersey).
Please have a look at my 15yr strategy and ...
Jonathan Ko
California - Close to Evicting a Tenant. Steps?
BP,
Asking for another individual.
A tenant has leased the unit for the last two years. Their contract is about to expire at the end of the month (March), and the landlord does not want to renew the lease contract. ...
Sandra Regnell
Section 8 rentals - Washington State
Am I required to participate in Section 8 if someone with a voucher applies? I listed my requirements and the applicant told me, before applying her income didn’t meet minimum requirements. I am not well versed in Sec...
David Hertz
Creative financing strategy
Hi,I'm looking for some advice on how to create the right strategy for a creative financing project:The basics:The seller wants to continue living in his house. Purchase price is 500K. Rental income is about 4800/mont...
Malachi P.
No one will fill out screening form prior to showings… ideas why?
I have recently listed my first rental unit (a LEGAL/permitted ADU in Utah.. many basement/in-law rentals here are definitely not legal/permitted) and am trying to pre-screen inquiries BEFORE scheduling showings with ...