Ram Hernandez
First rental property question
I have flipped my first home and I’m ready to list it for rent. The house is in Denison TX.
My question is, I’m legally obliged to provide a range/stove and fridge for the tenants? If so, can I charge a little extra ...
Kerry Baird
Was drinking at the firehouse: took action—First STR listed
I found a 3 bed 2 bath house in a beachside municipality here in Florida where STRs are legal, and where the owner agreed to carry. So in the space between the purchase of the house, new paint, and getting “scared” t...
Edita D.
Broken ice-maker: fix it or provide tenant with ice trays?
Hey guys!Our tenant just reported that the ice maker at our 3-bedroom home in Lubbock stopped working. Typically ( in Lubbock ) refrigerator, washer/dryer, dishwasher are NOT provided by landlords: tenants bring their...
Account Closed
Need advice for setting up LLC, finding mentor
Hello. I am a newbie to REI and I am in the process of setting up my first LLC. I signed up with a company called Your Entity Solution (YES) through another company called WCAP Financial on Thursday for an unlimited L...
Andrew Perkins
Water line to fridge - necessary or not?
We just purchased our first rental property and purchased a new refrigerator with an ice/water dispenser because I mistook an old gas line on the opposite side of the refrigerator as a water line. A plumber estimated...
Matthew Kinch
Federal Judge Invalidates National Eviction Moratorium!!
From the WSJ:Federal Judge Invalidates National Eviction Moratorium A federal judge threw out a national eviction moratorium, saying the Covid-19 pandemic-relief measure exceeded the powers of the Centers for Disease ...
Bill Smith
Asking 2 Banks for Financing
Hi. I am about to ask for financing for a 14 unit apartment. Is it ethical to ask 2 banks to do the underwriting and then just use one of them? I'm nervous one will deny it. Do I need to tell both of the banks that ...
Sean Welch
Transactional Funding
What happens when you want to close on a wholesale deal using transactional funding but the end buyer wants to see the property first? How do you go about this
Asbery Rainey
My First Wholesale Deal
Investment Info:
Single-family residence wholesale investment in Lancaster.
Purchase price: $180,000
Sale price: $185,000
A wholesale deal I got it under contract and sold it for an assignment fee. F...
Karen F.
How do I do 30% owner financing mortgage on a multi?
I have only ever bought for cash beforehand on investment properties. This time, because I just don't have enough cash on hand in the LLC that will purchase this property, the owner has agreed to hold a note for abou...