Nick Merryman
What happens to the seller's equity in a foreclosure auction? Typical fees/costs involved?
So I have a seller I'm talking with a lot of equity in her house, but she's about to be foreclosed upon -- her auction date is scheduled for mid-January, so the timing is getting tight. We're going out to the propert...
Henry Clark
Self Storage- Broad discussion on Finance
STORAGE
FINANCING FOR PROSPECTIVE AND CURRENT OWNERS
Just
finishing our financing on our latest location phase 1 (phase 1-230/ 2-200/ 3-200). Below are some
thoughts in general on Storage financing. Basic for...
Zeb B.
STR and/or Furnished Month to Month Vacation/College Town
I just finished adding a 2 bedroom basement (Garden Level) apartment to my house. We are 2 blocks from a large college campus in a town that is also a popular vacation destination. We posted the unit on Airbnb and Vrb...
Brian Zaug
What to do with these walls?
Fellow investors, I have duplex which has an apartment on the top floor that is in pretty bad shape. It is rented but the rent is well below market rent because of the overall condition. They pay $900 monthly and t...
Jason Piccirillo
Funding for Flipping
Has anyone has any experience with Funding for Flipping? It keeps coming up on my Facebook news feed. I put my info in to met more detail, and have a phone call scheduled tomorrow.
Adam Bauman
Sell or rent again
I was recently talked into electing to not renew a lease with tenants and put my house on the market by a real estate agent. The comps she showed me justified getting out of the area and investing in more up and comi...
Tony Robinson
Do you choose your contractor BEFORE or AFTER you buy?
Hey All! So I'm looking at purchasing my first investment property. Here's the thing though, I live in the California, the investment property is in Shreveport, Louisiana. I'm working with an Agent out there, and he h...
Roger Doe
contractors, vendors, project payment
TLDR: Company did shoddy work that is beneath my standards. Should I make the contractor come back and do it the right way even though he has to take a loss?Here is the long version:I have a problem that I hope peopl...
David McCracken
Good cap rate for selling short term rentals?
I have a small portfolio of six rental units. Five of them are run as furnished short-term rentals, and one is a long-term rental. I'm interested in listing all six for sale. I'd like to know if you think this is an...
Marie S.
How Do You Pay Yourself?
So, I'm a couple weeks away from closing on my first 4-unit and was wondering... "How am I going to pay myself?"
How do you initiate and record payment to yourself? Do you put yourself on payroll? Do you calculate yo...