Nick Bowes
Baltimore Cash Flow Rentals
I have a property manager and contractor in place I trust who is able to video properties for me and recommend areas to avoid. I've seen his cash flow numbers with Section 8 tenants in place on properties he own dire...
Johanna R.
Refinancing Question
Can you refinance a home when you have a 100% equity but the owner’s only source of income is the rent?And if I cant refinance this way, are there any other ways to leverage this 100% equity? Thanks!
Tom Giles
Rent or Sell (College Station, TX)
23 months ago I purchased a 2007 vintage 3/2 1156' single family home in a growing development for $89K to live in while working at TAMU. This house is on the small end of the range for this neighborhood. I have sinc...
Emma Zhang
Ask penalty due to the early termination by the tenant
The lease is for 3yrs, still 2.5 yrs left. Because the couple living there is getting divorced, they want to move out and terminate the lease by the end of Fed. I used a simple template of the lease agreement without ...
Joel NA
Pay Down Philosophy
I have a question about how to handle the cash flow for two of my properties.
One is a four-plex that I'm rehabbing and will hopefully flow nicely. There is little appreciation as it's in a small town where prices ...
Account Closed
Applicant has no job but wants to pay 6 months rents.
I posted my rental online and received this from a interested renter out of state:"Good morning we are family of 3 and we are living in north Carolina and we are going to buy a deli in ny so I willing to pay 6 months ...
Seth Firestone
Losing Money Due to Vacancy
I live in the Northern Virginia area where most of the properties have about a $3,000 a month mortgage. My partner and I are looking to buy our first property soon and we plan to house hack it for a year. I think ab...
Bruce Runn
adding garage to duplex for flip
Just bought a duplex to renovate in Uptown in Minneapolis (Hip area) and it doesn't have a garage. Since most duplexes are bought by investors, is it worth the $15,000 to put in a 2 car garage? I get it makes it mor...
Derek Loveland
Moving property to an LLC
As I begin seriously investing in real estate, I'm considering starting an LLC to both apply for business credit and hold properties as I build my portfolio. I've had some thoughts on how to get started and am looking...
Paul Johnson
Question deal that may be too good to be true.
I'm going tomorrow to check out a double wide that seems too good to be true. Basically because the owner has an out of state job that they have to get to and MUST be out soon they are willing to take a HUGE bath on ...