Young (20ish) couple presented as working 'wife' making 3x the 2-bedroom rent monthly, and non-working ucla grad student 'husband', recently relocated from midwest, and with no children. Employment checked out so I ac...
Hi All,Question, I am a high income W2 employee and considering purchasing a short term rental. I do not qualify for a real estate professional status, but recently heard about the short term rental loophole where on...
I am aware of the Protecting Tenants at Foreclosure Act of 2009 but I was wondering if anyone has had any direct experience with buying a foreclosure with a tenant in it?
For instance, I assume to get protected from ...
Hi guys! I hope this forum can help me out again. As I build my investment portfolio, I keep learning. I keep going thru the good and the bad.Situation: I hired a marketing manager, just part time. Great kid. College ...
I sold a house several months ago and now the buyer is getting on my ass about not disclosing that the property had termite damage. I owned the house for less than a year and did not live in it. I could not disclose w...
Okay, so I have a 5 bedroom house that I live in currently and rent out to friends as well. I'm doing a cash out refi and then buying another one to move into and bring them along with me.
I want to rent this one ou...
Hi everyone,I just wanted to write a bit about house hacking in NYC. I started in 2013 buying a multifamily using an FHA loan with a sellers' concession included. My total out of pocket for that house, that cost 400k,...
To start off. I bought 2.6 acres about 2 years ago. It is raw land, undeveloped. there use to be a house on the property but since then its been burned down and hauled off. Since I do not have the capital to build any...
I have a rental condo and have owned the unit since Jan 19. This complex has 18 units that pay $175 per month. Board members do not pay HOA dues as this is their compensation. The board consists of 3 unit owners and t...
Does anyone have a postcard that they have tracked and noted that the response rate is better than the others.On most every yellow letter website it is just the same old same old. How are you supposed to build a bra...