Leonard Leon
Tenant moving out
I just received a letter stating my tenant is moving out in 30 days. And I haven’t been through this part of landlord if yet. I’d like to do showings during the month to not miss a months rent when my tenant does move...
Michael McDermott
FHA to conventional on a rental unit?
I currently own a single family attached rental unit in the suburbs of Philadelphia. I bought the house using an FHA loan, the house was appraised at 125 in 2009 and I took out a loan of 117. Last September I turne...
Terry Kavouras
Parma Building Department Trouble
Lately the Parma, OH Building Department has been aggressively assessing fines, writing tickets and trying to collect rental registration fees from prior years. Has anyone else run afoul of the Parma Building Departm...
Ethan Pankratz
Deal Analysis - How far should we rehab?
Alright I'm a new member, so I'll try to be quick and to the point...Our team bought a flip in Burnsville, MN this past week. It was a hoarder house, and has been vacant for 10 yrs. We are 4 weeks from closing, and we...
Rahnesha White
FHA versus conventional upfront mortgage- old home inspection report. Need Help.
So I'm trying to determine if I want lock in a FHA loan or conventional loan I qualify for both. I don't like that the FHA loan is essentially $5,800 more for the cost of the loan due to the upfront mortgage insurance...
Matthew J. T.
Motivated Sellers + Little to No Equity?
If you find a MOTIVATED SELLER, that wants to sell the house because of there MORTGAGE is too high, they really want to sell the house, but has very little equity. Does this mean the house is not a deal automatically?...
Jeff Gebhart
Investor from West Michigan
Real Estate BackgroundOwner of a small real estate investment company called FNG Properties, LLC. We started buying single family homes and then duplexes. We got into the industry right before the big crash. So we ...
Eric P.
Commercial land with billboards.. questions to ask
A gentleman not far from where I live is looking to unload 4 acres of commercial land through a private sale. Its on a busy rd, growing area, and currently has 3 billboards that generate "$20,000 a year". I'm very i...
Maggie Gassett
bookkeeping for rentals
I am looking for a simple, straightforward bookkeeping software program (for a non-bookkeeper) for my rental properties. Has anyone ever heard of REI.net? Any recommendations greatly appreciated. Thanks so much for yo...
Account Closed
I'm Finally Taking The Leap Forward
After some inspiration and listening to the BiggerPockets Podcasts, I feel inspired to take the leap forward. I've come to a realization that I do not want to work a 9-5 job, making others rich and not having my own l...