Danielle Hu
Buying first investment property while abroad - looking to connect!
Hi everyone! I’m new to real estate but am so excited to dive in.
I’m an online business owner originally from New York who has been traveling full-time for the past 5+ years - I spend less than 35 days in the count...
Reynaldo C.
How do you refinance a subject 2?
Hello all,I have a question regarding a subject to.If one were to acquire the title of a house on a sub2 and the property had substantial equity, of course it would make sense to flip; however, i am looking to hold th...
Gregory Massi
Tenant refuses to pay late fee
Hello everyone,Just thinking about a hypothetical situation where the tenant pays the rent after the due date but refuses to pay the additional late fee. How would you go about getting this money from them, or would y...
James Maher
Depreciation basis
I bought a house in 2011 and lived in it prior to moving out at the end of 2014. February of 2015 I began renting the house. I am trying to determine my cost basis for depreciation. I know that it will be the lesse...
Raden Mantuano
Seller has confused me! PROBATE QUESTION
If seller petitioned for full authority, What would be the reason a judge would tell them that they have permission to sell? but have to have the home listed by Jan. 1st. ? would there be any changes during this proce...
Benjamin Kanevsky
electrical problem
My tenant called me last night and said that her daughter plugged in an iron in her room and that it somehow set off the circuit and there is no electricity in her room. She said that they unplugged everything in ...
MIke Williams
Tax question (sell from an LLC or quit claim sell as an indiv)
Hi my business partner and I have a 2 family in OH.
Having a devil of a time getting a cash out refi because the post rehab value is only about $75k.
Decided to go another route ...
My thoughts are to withdraw from ...
Mike Palmer
Change locks between tenants?
Just curious what others are doing with door locks. Do you automatically change locks with every turnover? Do you never change locks? Do you only change if there is evidence that previous tenant(s) may not be trust...
Val J.
Should newly added Tenants Pay additional Deposits?
Happy New Year! I need help with something I'm about to do present to my current tenant. I have done my research and have learned that the tenant has unauthorized people living in the property. I plan to meet with ...
Maria Silva
Conventional vs FHA - DC multi
What are the pros/cons to a 5% Conventional loan vs 3.5% FHA loan on 4-unit complex in DC? Also, just to note, it's a bit of a rehab property - probably 30k in renovations - but don't wish to do a 203k loan.Any helpfu...