Sam Liu
Closed an occupied REO but can't find out who lives there
I just closed an occupied REO SFH in California last week. I drove by the house but it seemed no one lived there. From the windows, I saw there was a big mess inside the house: very dirty carpet; old and dirty furnitu...
Max Cohen
Sometimes You Have To Be Flexible: The Story of My BRRRRSTR
My first BRRRR! A BRRRRSTR! (I’ll explain...read on).
When I purchased this house, it was a 4bd/3.5ba 4076sqft single family home in Westminster, CO. This was by far the largest house I had ever purchased. I thought ...
Max Cohen
Sometimes You Have To Be Flexible: The Story of My BRRRRSTR
Investment Info:
Single-family residence buy & hold investment in Westminster.
Purchase price: $665,000
Contributors:
Ashley Wolkomir
My first BRRRR! A BRRRRSTR! (I’ll explain...re...
Jesse Olsen
Is car debt bad debt? First time mortgage applicant, tips needed
Howdy, Hope the detail proves to be helpful, I would appreciate all the helpful feedback I can get. Will be applying for my first mortgage loan in the next 5 months and want to ensure I am in the best position I can p...
Jon K.
Signs of "weak landlord face?"
What things show weakness to tenants.
Another thread mentioned "weak landlord face." What are the signs?
I would call these weakness:
- Rent not due until move in day
- No lease
- No rental application
- No refere...
Alex Schwartzman
Tenant refuse to buy renter's insurance
I am a novice real estate investor. 4 months ago I bought my first property in Indianapolis with tenants in place. The property managed by PM company. The lease agreement required a tenant to buy renters insurance. T...
Westin Hudnall
Would You Rent To Them ? Need advice quick !
Rental amount $1175/month with $1000 depositClients Financials : Husband - $2500/month before taxWife - $355/month in child support. Stay at home mom (they have 3 kids. Age 2, 6, and 8)They own 2 vehicles (07 Chrysler...
Jason Pritchard
Found the remains of the previous owners wife at one of my flips
Sooooooo.....I just recently purchased a house that I am in the process of flipping and today one of the guys in my contractors crew found the cremated remains of the previous owners wife in the garage. I have tried ...
Amie D.
Bad Start or Bad PM?
Hi All,I had posted about a year ago about tenants brought in by a new property manager. It seemed to take them a long time to rent the property and I had a bad feeling about these tenants from the start. This was bec...
Matt Blutowski
First deal and tenant is a drug dealer!
Sorry, this is complicated, but I want good advise from any/all, so I'm going to include some details.
I closed on my first duplex two weeks ago. The property was fully occupied and according to the previous lease, I...