Mike Hoefling
Tenant Cousins - One moved out, Another moved in
I have an interesting question, I am not really sure it is a problem but I do want to make sure I am properly documenting this unique situation. It may help to ask this question to an attorney in my area.
I took own...
Lang Le
Can the bank reject the bid
1. At the moment, I am a highest bidder on a Trustee Sale Auction (the trustee is a law firm) the starting bid was set at 194K and my bid is well above it (240K). Any chance that the bank who holds the mortgage will ...
Kevin Scanlon
Get out! I'm renovating. When to break the news to tenants?
I purchased an occupied duplex earlier this year in Mystic, Connecticut. It's a Greek Revival style building originally constructed in 1845. The location is very good (although it's in a historic district).The house i...
Mario F.
1800remodel.com - is this a legit government renovation loan?
Hello, I just received a call from a 1800remodel.com rep about a government loan program they offer to homeowners like myself in certain areas who are looking to renovate. I purchased my first fourplex in Inglewood C...
Brandon Carlson
Inland Empire - SoCal.. Where to invest?
Hi BP,With SoCal home prices on fire right now and people moving towards the suburbs, where would you invest in the Inland Empire?I recently heard some news that Amazon is on a hiring frenzy, hiring thousands of emplo...
Chad Nielsen
North Little Rock Property
I am looking to by my first out of state cash flowing property. I’ve been working with multiple turn key providers. Currently, a property in north Little Rock as caught my attention:5109 N Cedar St, North Little Rock...
Stuart Cairns
Retiring and debt free property
Discussing an event, where my rental property would be paid off and I would be receiving rent payments.If I was to refinance my home and make the rent payments to the mortgage, would i be better off financially?
I co...
Sean Gallagher
Few simple newbie questions on assignment contract
1) At the very bottom where I would sign as the assignor should I sign my name as the registered agent of Prosperous Properties, LLC or should I just put my company name Prosperous Properties, LLC.
2) In a portion ...
Todd Moriarty
Do I charge more rent if my tenant wants month-to-month lease?
Hi All,My tenant has been in my rental for 5 years now. He has been paying the rent and keeping it clean. After the one year lease expired 4 years ago, he asked to do a month-to-month lease which I agreed to and it's ...
Elliot Mendoza
50% Rule on a quadplex with 20% down.
So I've been reading the boards for a while, I am currently deployed and I refined an excel spreadsheet I had worked up before I left the states.
As of right now these are the numbers I'm looking at, and I -THINK- I ...