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I have a duplex in Wisconsin and the upper tenant has just notified me that she lost her job 3 weeks ago and doesn't have money for rent this month. She said she has requested a check out of her 401K to cover rent but...
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I am purchasing a New Construction home in South Florida that will be complete in August 2019. I have already been pre-approved for a Conventional 30 year Jumbo Mortgage but I am looking to attack and pay off this hom...
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Between my commercial and residential properties, over a dozen tenants have already reached out to me about upcoming rents. If this is the first time tenants have issues paying their rents in your case, consider your...
Hello all, my first post here. Tried searching but couldn't come up with the answer I was looking for. First im looking for an opinion on the legality of my late fee clause pertaining to charging a 5% late fee for 1) ...
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A large portion of our rental portfolio consists of low-income tenants, most of which are participants of some sort of subsidized housing program. We constantly struggle with collections. I would really appreciate any...
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I am opening up an LLC for my wife and I to use in real estate investing. I want to do a flip under my LLC but bring on a partner for the project. What are my options for bringing him on board? Its a 50/50 split on th...
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I came across a property that a client saw and went to check it out on the MLS. The property was not on the MLS yet, and I found out that the property was an REO. Being that their was a paper on the window of the pr...
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Hi all, grateful to be part of this community. I'm cross posting here and hope someone can offer insights –A property in my neighborhood came up for auction on the city’s listing. I’ve researched it online and:— I see...
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Hello everyone. Needing some advice on the smartest way to use funds available to me to build my portfolio with Multi Family properties. I am fairly new at Real Estate investing and a little late in the game at 61. ...
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I've been looking into listing of multi-family properties on the market, I'm confused, Some properties that show pictures/description saying that they have been divided and are selling as multi-unit properties are lis...