I was under the impression if you paid cash to purchase a property that you would then be able to cash out refinance as soon as you have finished the rehab and rented the unit out utilizing the BRRRR strategy. I wa...
Hello, I've been licensed for about 6 months And I have a $4.9 million home Florida for sale. Being that I'm so new in the field, I am trying to think outside the box to find this type of buyer. I have researched the ...
For those landlords who take security deposits in City of Chicago, is a separate business bank account sufficient for the security deposit or do I still need to set up the special landlord account that requires all W-...
Most partnerships DON’T work because the partners go into the partnership for the WRONG reasons. Partnering between two people both with no or limited experience; both with no or limited capital, or because they’re “...
I will soon start attending networking events and I'll try to get in touch with agents and brokers to get deals. I'm afraid that when I'll tell them that I'm a beginner with no experience they won't take as seriously...
First-time home buyer? After this episode, you’ll see the house-hunting process in an entirely new light. Throw out the granite countertops and exposed beams you’ve always dreamed of because making an emotion-first ho...
I own 1 rental but used a realtor to find my tenants, and now that I've decided to start an actual business, I want to try to do most things myself, and recently just had an offer accepted on a 2nd rental (and now I'm...
What’s going on everyone?I am currently seeking some answers or advice on how to go about refinancing my portfolio.Is there anyway to go the commercial route and have the portfolio valued by the income approach? I’ve ...
Can a landlord request that the security deposit be forfeited if the renter requests to get out of the lease a month early? I want to work with them but don't think I have anything in the lease that states that they ...
tl;dr Soon to be newbie self managing. I'm scared to death of lawfully having to choose a borderline acceptable tenant over a highly qualified one. Made a scorecard to pick most qualified; pick it apart.So as I start ...