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I preapproved a borrower to put in an offer, but the listing agent denied the offer because it was from a big bank. There is a misconception that my bank won't finance a "flip" transaction. Our guidelines clearly st...
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I notice that it's a mixed bag when it comes to management on here. Half prefer to manage all their properties themselves and the other half won't touch a property without a manager/management company. Why is this suc...
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I'm a in a great spot, yet somewhat stagnant. Like many others here I feel the market is pretty expensive right now and that a correction is near. I own a small house in Santa Barbara, CA that now has about .5 mil of...
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I just received a text from one of my tenants and I need to know how to respond!She said, “Any chance you have someone wanting to rent? I wish I taken the 6 mo instead of 18. Things change so much. I’m starting a new ...
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New investor here. I am in the process of finishing my basement to rent out, which I guess is one way to house hack, but I am looking to do more. I have available funds (150k-200k), and I'm spending time analyzing dea...
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Hi BP. My husband and I own a fourplex and our neighbor/tenant has been paying rent later and later each month since she signed her lease in May. She is honestly not someone we would have rented to if we'd had control...
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Thanks mostly to the information and motivation stemming from this forum, I have purchased a rental house in Central Florida and am under contract for two additional homes. I will look to be adding more homes in Flor...
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I used a CPA for the first time and just got my bill $1200. I am a W2 and have LLC with 2 properties that I've kept good records for. My return was only for $1,200...
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Nice couple ; good work history ; no pets ; plenty of money ; but prior sex offender case 10 years ago (17 year old with a 15 year old)Possible long term tenant :Let me know your thoughts
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I did it. I took the leap. With only 4 rental units (2 SFRs and 1 duplex), I quit my six-figure job in pharmaceutical sales, got my real estate license, and moved my family back to Florida. How did I get here? I'd say...