Peter Tiberio
Looking for carpenters
Hello,
Today I decided I am going to move forward with Getting my GC license so I can start doing work on others properties. I've acted as GC on my own deals and own properties but after having a number of home owne...
Account Closed
Getting rid of pot smell/ evicting tenants
Hi everyone,Just came across what it could be a good deal in a south side suburb of Chicago. Owner is motivated and numbers work pretty well. However, current tenants smoke pot pretty consistently. The whole house jus...
Cesar Garza
Houston Property Flooded Tenant willing to Buy FSBO
Hi all,My rental property in Houston flooded (about 6 inches of water inside the entire house). I own the house free and clear. According to Zillow the property is worth around $100K. I was already considering selling...
Scott Shambre
Is there an FHA rule that prohibits renting prior to closing
I am trying to purchase a property in Scottsville, Ky using an FHA loan. The previous owner passed away and we found out after we made an offer that there was going to be an issue in the courts concerning the estate a...
David Carter
Living with your tenants.
My brother just graduated from college and now has a good job. He is interested in buying a house and renting out one of the rooms. I was wondering what you guys thought about this idea.
Also, since he is going to be...
Joseph Cacciapaglia
Non-Performing Hard Money Loans - Who is Buying?
In the last few days, I've noticed an uptick in non-performing HMLs being listed for sale. Is anyone on here buying those, and if so, what is your exit strategy? I worked on a lot of commercial work-outs in the last d...
Justin Minikes
Where A Newbie Out Of College Can Go
I’m 4 years out of college and have approximately $30K+ saved up in my bank account. I am looking for a strategy to get into real estate investing, but not sure where to take it. I am currently living in an apartment,...
Stephen Keighery
SBA Disaster loan changed
I just got an email about my application for the SBA economic disaster loan. It appears they have changed it from being a $10,000 advance, be being $1,000 per employee pre-Corona up to $10,000. I think they are trying...
Brendan August
W-9 for General Partnership or Owners in Common?
My partners and I were just given a W-9 by the organization that pays our tenants rent. We have a DBA and an EIN however we have not officially formed the Partnership and filed paperwork with the state (Maryland). We ...
John Andersen Schuck
Massachusetts SFR Rental Going Strong
Investment Info:
Single-family residence buy & hold investment in Beverly.
Purchase price: $215,000
Cash invested: $40,000
Purchased distressed property in 2008, upgraded it, lived in it for 2 ye...