Eric Meinnert
Best way to pass on the water bill to inherited tenants?
My wife and I recently purchased 2 multifamily locations, with a total of 6 units. We had signed all the tenants to a 6 month lease initially, and we currently pay water. The water bill per quarter averages anywhere b...
Christopher J Lemmon
Hard Money Lending Terms for Rehabbing KC Market
Rehabbers, I am learning how things work with rehab loans. I was offered a scenario by Peak Asset Lending for the Kansas City market. But the terms are a little strange to me. They loan 80% of After Repair Value (ARV)...
Account Closed
Where would you live before starting RE Investing?
Hello BP, here’s my personal situation:
Fresh out of the military
Living with significant other
A good chunk of debt
No savings
I’m reading Set For Life, and I’ve read Dave Ramsey’s Total Money Makeover. With th...
Gbatoh Browne
Renewing Lease for inherited tenant
I recently purchased a property and inherited a tenant that would have not qualified but paid rent in advance for the whole term. His lease is coming due within a couple months and I’m stuck on deciding if I should re...
Kevin Wiltz
Creative Financing Advice
I have a question in regards to helping an absentee owner get out of his investment home. I would like to purchase this but the numbers for cash don't seem to make sense for me as an investor. This owner lives in Wa...
Kevin L.
Rent With Reservation Clause Evicting Tenant In Northern Virginia
Hey All,Recently I went to court for tenant who actually always pays rent on-time (if not early) but is the dirtiest, messiest, hoarding tenant I've ever had. To make things worse, he lives in a shared living situatio...
Will Fraser
House Hacking in Hells Kitchen - Is it possible?
I'm kicking around some ideas with a friend of mine and we got into a discussion about whether or not it is possible to do any form of house-hacking in an area like Hell's Kitchen or similar hotspots in NYC. I'm cur...
April Na
Starting Lease on a Prorated Date
Hello,Would it be fair if I where to charge a prorated amount for March 30th and 31st while also starting the lease on March 30th with a termination date of March 30th the following year on a 12-month lease?
Brittany Edwards chu
Looking for creative strategy for tax lien/bankruptcy situation
Hi! I'm a fairly new investor (about a year in) and have been looking for deals off the mls, as the competition is still fierce in my market. There is a house on my street with elderly owners that came up on my forecl...
Saul Trejo
Can we Terminate Lease?
Hello, hoping to get input from landlords that might have more experience than us on this! So, we have a SF rental property in AZ...in our contract, it says this about default- My question is in regards to the last se...