I have looked into the subject of interest-bearing security deposits and I have a few questions about the setup. So in California there is no law that requires this. I am asking because I view it as a benefit to the t...
I have a property under contract using a Fannie Mae Renovation Loan. When doing a soft assessment of the property I originally used 4% of the total cost of the property for closing costs. 2% of that being "transfer ta...
MA has a lot of fun compliance rules for holding security deposits. I was reading about (and contemplating) not even bothering with deposits, but I stumbled upon a service that claims to take care of that, is fully on...
I have been investing in real estate for about 4 years now and now own 12 rental properties. I do a pretty good job of keeping the units full, but obviously we all have some short term vacancies here or there. Well I ...
Hi all,I'm sure this happens a lot, but it's the first time it's happened to me. A tenant couple has been having problems, and the guy now wants to move out--in a lot less than 30 days. The gal wants to stay on, and a...
Hello. If the contract has a max of 2 people per bedroom, and home has 3 rooms, that means that there’s a maximum total of 6 people living in the home . Assuming there are 6 people in the lease agreement already (maxe...
Hi All,
I'm a real estate invstor near Seattle WA and currently own 5 properties. I'm a 'buy & hold' investor and want to acquire more properties while prices are depressed. Financing is o...
I got robbed last week in one of my vacant houses. I was juggling three houses and forgot about checking on the other one. The house that got robbed is located in a sketchy neighborhood. I have a hard time trusting m...
Hi!
I am looking to buy my first multi-family.
I have a sister that would like to invest cash as a silent partner. My mother and I will be splitting the remainder.
Do you have any advice on how to protect all th...
I am 18 with no credit score. My dad is against me getting a credit card knowing the high interest rates it can cause. Is there a way to build your credit score without a credit card? The reason why I want a good cred...