Mike Lauer
Minimum income requirements for SFR rental - all adults at 3X?
Hello!I recently acquired my first rental property in a nice Milwaukee suburb. It is a 4-BR SFR that I think I can rent for $1400-$1500/month. Rehab is almost complete and I'll be listing soon, so I'm cramming on my t...
Cal C.
Importance of a paid in advance Security Deposit
I use the security deposit (and the first month's rent) as a test case to see if the potential tenant will be able to pay rent on time. If they can't come up with a security deposit and 1st Month's rent prior to w...
Maugno M.
Setting up LLC'S. How should wife be involved ?
I just closed on a flip today and spoke to the attorney about setting up an LLC. Ive done several flips now and have rentals so i think its time. They suggested i do two LLC'S so that i have one for my rentals, and on...
Alex Johnston
How to split bills with a girlfriend if you own 100% equity
I need some advice from any and all who have an opinion on the matter. Even better if you've been through the same situation. Im considering moving to Texas from Washington and purchasing my first duplex and house hac...
Michael Morrongiello
Need Solution to KEEP someone IN their House + Plus GET CASH to settle obligations
Situation:Have a family that is going thru a DIVORCE and that owns a $2M+ valued home. Home is located in a VERY HOT Market place. They only owe about $270,000 on a 1st lien that dates back to 2021 which is at 2.875% ...
Rich Weese
Anyone see a problem with this besides me?
UsaToday had an article the other day on social changes in our country.
The % of babies born to single moms has risen about 1% per year each of the last 5 years. It now stands at over 45% of babies born. My guess...
Steph C.
LLC Set Up Question
Hello,
I have a question about setting up an LLC for wholesaling. Should my husband and I both be listed on the same LLC so we both can sign at closing? I am thinking maybe we both should be, but I assume that mean...
Joe S.
What are your thoughts about Prenuptial agreements?
A prenuptial agreement, or prenup, is a legal contract between two people who are about to get married. It outlines how the couple will handle their finances during and after the marriage, including:
Property and as...
Lauren Hulsman
Can you ask for financial obligations on application?
My husband and I are renting our townhouse for the first time and are really struggling picking the right tenant - we've had a lot of interest. We have it narrowed down to 3-4 people, who all seem like great fits. One...
David Lee
Should I rent my house to this couple?
Gentle man works two jobs with income $6000 credit score 520;
lady income $4000 credit 620No Evicrion history for both
not married, don't know if they are in relationship or father and daughter.
my management turn ...