Kamal H.
How much should I ask for off of Rent?
Hello, I am currently working things out with my friend/roomate/landlord to settle and pay rent. So, the crazy thing is that both he and I got lazy and fell far behind on rental payments so I haven't paid anything in ...
Patrick Menefee
Small victory-first property (4plex) finally under contract!
This is just the start of my journey, both for this property and for my REI career, but I learned a lot in the long time it took me to get this property under contract. Want to share what I learned along the way in th...
Wendy S.
5.25% Interest rate on investment property
Hi all.Is 5.25% on a 30 yr conventional loan with 15% down and excellent credit, about where the market is right now on less than a $250,000 property or should I be shopping lenders, considering I'm using a broker.
Brian Gibbons
Forbes say Millennials are going to have a tough time...
http://www.forbes.com/sites/kathycaprino/2014/02/22/how-millennials-can-better-prepare-for-todays-workforce-10-critical-steps/print/
In the spirit of We Buy Houses model, would you hire a millennial?
Ar...
Chris M.
Why do investors choose to mentor newbies?
I hear a lot about newbies wanting to be mentored and I myself stumbled across an investor who is interested in mentoring me, but my question is why? Besides the goodness of their hearts, why do investors (who must b...
Brandon Turner
[Pro Only] My Tenant Caused a Fire... and Denies it. What Would You Do? (With Photos)
Hey Pro members,
I've got a tenant at my triplex who has been causing some trouble for us, and I'd love to get your thoughts. (I'm putting this in the PRO only forum because I don't want the tenant seeing thi...
Kelly Payne
How to do Cash for Keys with Illegal Immigrant
Hi guys,
I got a house under contract that also came with an unhappy tenant. The tenant's wife was living at the house under a L/O contract, which expired 8 months ago. The couple got a divorce, the wife moved out,...
Sarah McCluskey
Good cash flow, cap rate & CoC return - top of market price
There have been many discussions about this being a sellers market, and prices are high.In my market (between Chicago and Milwaukee), prices are high, but many of the properties still would cash flow well.When I run t...
David Sray
Favorite rental payment method?
Hello friends!Thought I'd check in and see what the landlords of the world like to offer in order for their tenants to pay rent? I only have one SFH rental right now, but want to get into more when the deal makes sens...
Chelle Knijnenburg
lease change the renter (a lawyer) wants to add about escrow
Hello all.Our future renter wants to put these two items in the contract, one is in case we put the house on the market. Note that she is a lawyer. We don't fully understand the escrow clause and how it might affect ...