Michael Doherty
Should I Keep my series 7&66 License for REI?
I am at a fork in my life where I am thinking about making the transition from my secure W2 job to REI Full Time. I recently got my real estate license and have a brokerage lined up for when I am ready (specializing i...
Kevin Harrison
Tenant broke lease and left a mess. What recourse do i have?
So my tenant gave notice of breaking his lease, and was ok with the fact that he was going to lose his security deposit. Once he moved out though I found that while no major damage had been done a lot of small things ...
Esther Kim
HELOC- Prime Rate or One Year Treasury Security Rate
Am looking to take out a HELOC on my rental property (mortgage free) for about $70k for repairs. The property value is about $725k. I have been offered a HELOC through a local credit union based on the One Year Treasu...
Erica Cauley
What should I charge for a Security Deposit?
The completion of my first rehab is 3 weeks away. I have my rent set but I am still unsure of how much I should charge for a Security Deposit. I have seen different takes on this. First and last months rent. First and...
Connor Corkrin
Security Deposit Bank Account for Tenants
Hey again all,So I'm just finding out that there is a law requiring tenant's security deposits to be held in a separate account at 3% annual interest. Is this true?If so, are these types of accounts common with local/...
Stephanie Martinson
Single family syndication?
Hello everyone,Has anyone done syndications on a small level and invested in a single family residence with investors' money? I'm looking at doing one with 1 investor buying in at $50,000. House- $175,000Repairs- $1...
Rivy S.
AC stolen - how to protect from happening again?
I just did a pre-construction walk through on a property I purchased a few months ago. The house had been broken into and the indoor and outdoor AC units are gone :( The outdoor unit was even in a cage, given that it...
Tom T.
End Game Strategy
Hi all,Here is the scenario.61 years old. Will soon look at retiring. Probably collecting social security at 62, maybe 63.I have a rental property that is almost paid off (less than 10k away.)FMV: 280. Purchased in 2...
Amy E.
SmartLocks vs. Locksmith
I've only been in business a short while, but own three rentals. One I had to turn over already due to the quality of tenants, and it just happens to be the house with the most door locks I've ever seen on a 1200 s.f...
Mary D.
pets policy/but pet damages in Cali
I own a small multi units project. I have a no pets policy. However, many of my tenants end up bringing pets. I start eviction process because of a breach of contract between us. They leave and now I have pet damages....