Jesse H McCrary
Tax sale overages with the help of a lawyer.
Hey guys, I have been studying very hard on the tax overages recovery business. I know this is a very involved niche and lots of legal leg work. I understand through my research that it is nigh impossible to do this w...
Chris S.
Ottawa First Mortgage Opportunity Advice Needed
Hello Everyone, I am new to money lending (I have funded one mortgage so far) and I am trying to decide if I should proceed with a first mortgage opportunity.The property was appraised at $150,000 but the appraiser ma...
Chris Licavoli
Renter Insurance with Pet Damage Endorsement
I am searching for a way to rent to a pet owner but an extra $500 ain't going to cut it to replace flooring. I would need $8000 security deposit to cover the potential cost (ask me how I know!). Nobody loves their d...
Bryan Kelly
Hurricane Alley Buy and Hold
Is buying in a hurricane zone worth it? Is buying after a hurricane in a hurricane zone worth it. How does insurance come into play? Is the opportunity to purchase in these markets perceived as predatory?
Michael Randle
Questiona about HML (from the lendor side)
Hello Everyone,My wife and I are coming into some money due to us closing out our re-estate with our move. As such we are weighting our options as what to do with our cash. And while kicking around ideas HML came up. ...
Jonathan Alexander
How's my plan?
So I'm trying to take steps to put processes in place to help get the ball rolling. Theoretically I feel like this should work but reality, I feel like, is not this simple:Have a number of different realtors (possibly...
Nancy C.
Reverse Mortgage
Hello everyone, I am new to the forum and new to REI. There is an abandoned property that I am considering wholesaling, I was able to locate the owners out of state and long story short they have a reverse mortgage on...
Yue Lehman
Landlord’s Insurance Claim Experience & Lessons
This is something that no one wants to go through unless absolutely necessary. Having gone through an insurance claim once, I’ve learned so much about insurance, about rental properties, and anything in between and I ...
Bian Dahab
Problem collecting payment for airbnb reservation
Hi all, I am curious if this has ever been an issue for short-term rental hosts and how you have mitigated the issue. I got an Airbnb guest who reserved 28 nights under a strict cancellation policy. The booking was co...
Sean Bramble
STR DSCR loan + seller finance
Hey everyone - has anyone used a STR DSCR loan with seller finance in second position? I’ve heard of this being used on multifamily deals, but wasn’t sure if STR DSCR loan products typically allow this... and if not, ...