Noah Schulz
Seller asking for November rent from tenant after closing
Hi guys,We are kind of a unique situation. My wife and I recently purchased a duplex (first house) and are currently house hacking and happened to have a tenant already renting. The owners of the duplex hired a proper...
Account Closed
Damage to unit main door, who is responsible for repair costs ?
My tenant called me regarding a broken door, I had scheduled a repair on the door the following Monday (5 days after the call) however when I arrived the day of with a contractor, I found the door to be completely unu...
Account Closed
Confused about securing funding
Here's my question: If I am investing in a rental property with good numbers (based on math from reading posts about being a landlord using the 50% rule, ect), what is the difference between securing a good property ...
John Michael
Use a HELOC just for down payment or purchase in full?
Happy Monday all,We are looking to start our first BRRRR and have a HELOC for $195k. It appears that our choices to purchase our first property are the following:1. Use the HELOC to purchase a property outright in ca...
Rueben Pacheco
Should I open separate bank accounts for each property?
Just curious as I'm about to start renovating and BRRRR my second property. I'm wondering is it better to just open another checking account to keep it separate from my first home? Than just continue to do that going ...
Dustin Ruhl
How To Apply (& Get Accepted) For Real Estate Loans
Unless you’re independently wealthy, when you purchase real estate you’ll need a real estate loan to close the deal. Such loans, usually called a mortgage, is the fiscal vehicle by which property buyers finance their ...
Austin S.
Credit partner compensation
I'm looking into doing a deal where there are the dealmakers (a realtor and his partner's LLC), a money partner (will provide the 20% down payment), and a credit partner (personally guarantee the 80% loan for the LLC)...
Mike X.
Security deposit and last month rent in Florida
My tenants provided me sercurity deposit and first / last month rent at lease signing.As I understand that Florida law require that security deposit to be held in separate bank account. But I'm not quite sure if last ...
Marc Izquierdo
Raising Debt for Long Term Rentals
Hi everyone,I’m interested in raising debt for small multifamily deals but I have a few questions about it and how I want it to work with my proposed strategy.One of the things I’m wondering about is how to structure ...
Mary Joe
Lease Guaranty Service, no cost method to increase occupancies
Lease guaranty service, has anyone tried this before?
http://www.insurent.com/slpb_ll.shtml
quote from their website:
" For landlords, the Insurent® Program is a unique no-cost method to increase occupancies, elimi...