Dominika M
Refinancing to get cash out - Canada
Hi all,
I'm working out my long term strategy and seeing if I can stay in Canada and somehow be able to buy more than one property. @Roy N. gave me an awesome long answer on buying past the 1st property (see below). ...
Nathan Vaughan
Retirement Planning for Real Estate Investors
Looking for retirement planning options. Employer 401k is not an option. My income is W2 income and the passive income from investing via rentals owned in a one member LLC with no employees. Roth IRA is not an option....
Gregory Stanley
CDC eviction "Order" not enforceable
The CDC’s order against evictions is toothless, has no Constitutional justification, is over-reaching by the Executive and the CDC, does not stop the filing of evictions, and has bureaucratic hurdles for any tenant wh...
David Ward
Are wholesalers unlicensed brokers?
Seems like wholesalers are pretty much unlicensed brokers. Whats the difference? A broker is the middleman, is that not what a wholesaler is?
Flip Chavez
Multifamily newbie from Salt Lake City, Utah
Hi everyone. My name is Flip, and no I’m not into home flipping it's just my name. My fiancé and I have two single family homes (one rental and one house hacking with a housemate) and we’re looking to make the move in...
Ramon Purifoy
Late Payment Fee Recommendation
I have a rental where we have tenants who have paid on time for the last year. We use a rent system that is due on the first and late on the 5th method. We have student tenants who choose internally to split payment. ...
Dylan Lersch
Landlord wants money from a month they didnt collect from.
Hello, First post here and it's a personal one from a place I was renting from. I moved out early from my lease because I bought a house and I paid the lease break fee and was prepared to pay the 2 months notice I was...
Ben Boru
Negotiating the bank down?...
Here is a mortgage statement from a homeowner that is being foreclosed on. He wants to sell to me. Can I negotiate some of the interest and late fees down from the bank? And what is the best way to approach that conve...
Sean S.
Second mortgage foreclosure scenario
Say a second mortgage lender forecloses on a home. They're owed $100K and the lender on the first is also owed $100K. The 2 lenders work together and set the minimum bid at the auction to $200K. The lender on the seco...
Account Closed
Softening the Tax Blow of Early 401(k) Withdrawal for REI?
This is more of an Accounting question but the REI aspect of it does warrant discussion IMHO. I have a sizeable 401(k) that I would like to take a distribution on so that I can use it as after tax dollars in order to ...