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I'm in the process of closing on a multi-family unit that I'll be owner-occupying and self-managing. A lot of the feedback I've received from more seasoned RE investors is that I should try to self-manage for the firs...
I have 7 rental properties and have accrued cash in the bank. Should I keep putting rent into the bank or pay off the mortgages? What are the pros and cons?
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hi,I have 4 SFH home rental properties with lien directly under my name. many people recommended me using LLC to mitigate risk ( however LLC still is pass through entity) so not sure what risk does it mitigate?Can the...
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I have a guest who will stay at one of our properties in September. He paid the first half in May when he reserved the dates. He told me today that the debit card he used has been stolen/hacked, so he canceled it, a...
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Hi All,I completed my pre-licensure requirements to earn my Michigan Real Estate License after moving back to the state fairly recently. While I have a steady W-2 job as a VP of Sales, I work from home and have lots o...
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How’s it going guys? I just received my Realtors/Brokers license and I have never done anything within the real estate business. I’m currently signed on to a Real Estate Company but I don’t feel like they’ve taught me...
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Alright. So after 2 stressful weeks and hefty losses due to delays from lender we have finally signed the closing docs and wired downpayment to escrow. Literally, the only thing left is for lender to send the wire to ...
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Hi all-I'm a self-employed media professional that switched to a full-time real estate investor over the past year. I use the BRRRR strategy and did a full gut renovation last year on a 3 family in Yonkers, NY. I spe...
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I purchased this last flip on March 15th 2015, 3 week turn around, listed and a full price offer on April 15th 2015 with a closing date of May 15th 2015. I was under the impression everything was going fine and then ...
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My question is when someone goes into a loan forbearance, why does the loan company put a suspension on payments?
My neighbor at one of my properties in PA missed 3 mortgage payments. Her mortgage company gave her a...