Michael Kotas
Long Distance Opportunity - Need advice for Newbie
Hi all,I'm a newbie and have been lurking on the boards for a several years but now have a real opportunity that I'm in need of some advice.Here is the situation:My mother recently passed and has willed her 2 bd/2 ba ...
Bienes Raices
Are you allowed to screen tenants by appearance or dress?
I don't mean by race or ethnicity but:
If someone shows up to apply covered with tattoos or wearing those pants that hang below the butt, is that enough legally allowable to screen them out? Or do you need to go ahea...
Will Schryver
Anyone have experience using 401k to fund their LLC?
Need any feedback or advice from someone who used their 401k to invest in their own company. I know I can get a loan (50% or up to $50k) but ideally I would like to have access to the entire amount without triggering ...
Brian Gibbons
CFPB and Credit Repair - Beware!
Below is today's CFPBs Bulletin on Credit Repair Companies (Fraud)I have assisted Tenant Buyers get mortgages with damaged credit and high DTI since 1986.If you are recommending some credit repair companies to tenant ...
Kyle Donlea
Lease option/ rent to own
Anyone have some experience with lease options? I’m talking with a property owner and would appreciate some advice on how to structure the proposal
Luke Anderson
Provide free internet to tenants?
I have a 3 unit multifamily in the Hamilton area of Baltimore. The area has a very blended mix of residents. I have been thinking about putting security cameras around the property (common laundry area, and around the...
Andrew K.
Moving to Virginia -- Number/calc help and future networking
Hello Everyone, (active reader but not an active poster)Finally got my orders to Virginia (currently in Germany) and actively looking at property for MFH +3/4 units around Hampton, Virginia beach, Chesapeake, etc. to ...
Elizabeth Grahsl
OK to Keep Negative Cash Flow Rental?
I converted my homestead condo in Uptown Dallas to a rental property 2 years ago when I married and moved, and I am hoping some experienced - and objective - investors can advise me about whether to sell or continue t...
Benjamin D.
Can I draw from an existing HELOC before I sell? And a separate question about a lien
Hi, I have a lease ending on a rental property, and it's time to sell and buy in another location.The property has a mortgage, a HELOC, and also a 3rd lien where remaining equity was used as collateral for an unrelate...
Wesley W.
Inherited tenants
Hello all,I'm currently under contract to buy a fully-occupied multi-family property. This is the first time I will have inherited tenants that are on a year lease (as opposed to month-to-month).One lease expires in ...