Joe T.
Hard money loan vs Conventional loan - out of state investing
Hey guys - I'm planning to to purchase my first investment property this year and am planning to invest out of state.I've heard advice about working with a lender from the state where the property is because they woul...
Nate T.
Meth house, Phoenix area
I just got a property back from a tenant, in the Phoenix area. The tenant volunteered to me that he had been smoking meth in the house. Otherwise I wouldn't have had any idea. There is no noticeable smell or anythi...
Terry N.
$250k to $5000 a month?
Somewhat hypothetical question. If you had $250k to start with. Could you turn that into $5k+ a month? How (generally or specifically) would you do it? Thanks!
Al Costner
auction.com earnest money
My husband and I are looking to buy our first foreclosure with cash from auction.com. The property is 285000 as a reserve, but we are hoping we can get it for 270k since no one has bid on it in the last year (fingers ...
Bennett C.
Income-producing multifamily in Biddeford by 1st-time investor
Investment Info:Small multi-family (2-4 units) buy & hold investment.
Purchase price: $295,000 Cash invested: $20,0002 adjacent buildings (Single-family & Duplex). The single-family has 4 bedrooms, 1.5...
Carolyn Keller
App. for tenants/landlords?
hi:Is there an app or software that allows tenats to send a message to landlord and file a problem or need at the property? Or any ideas for managing a property yourself from another state. I already gave handyman an...
Angel Lee
Bad Credit Lending Strategies for Refi
Hello All,
My first deal. I have a beautiful property already approved by lender for rehab. The problem is, I don't think I will be able to qualify for refi and this was my exit strategy due to my last business ventu...
Rachel Pivonka
Seasoning Period
We are working on buying our first rental property using the BRRR (buy,rehab,refinance,rent) in Knoxville TN. I am concerned about this "seasoning period" some people have mentioned where a bank will not finance the p...
John Malone
Clearing Up Confusion: A Common Question on STR and REPS
We hear many real estate investors assuming that their new portfolio of STRs is setting them up nicely for Real Estate Professional Status and thus will help convert their portfolio of long term rentals to nonpassive....
Lori H.
Tax Issues of sale of Estate property of an elderly relative
My Grandmother owns a home near Issaquah, Washington. She has owned it 50+ years and is now going to move into a care facility because of her health issues. She has rented out the home to family members for 1 year and...