Gaby Liu
$5800 closing cost for SFH $85k
Hi everyone,
I am closing on my first rental property in Indiana and this is the closing cost details that two lenders sent me. The property is $85000 and I am putting a 25% down payment on it. The total closing cost...
Giancarlo Caceres
Sell or Rent in Los Angeles to buy in Vegas
I own a property in Los Angeles valued at $680K, mortgage balance is 400K (plus HELOC $40K)I moved to Las Vegas earlier this year, my family currently occupies the house but they will be moving next year and we need t...
BJ Grove
Determining Market Rent
Hey, I'm working on underwriting. My biggest hangup is figuring out the market rents. What do yall use or how do you figure the numbers? I have been just looking up going rates in the area, but theres such a discrepan...
Inderpal Chadha
Rent application
Hello
Has anyone used rentapp for rental application or the best way to go is traditional paper forms.
Thanks
Inder
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What is your monthly cashflow?
I'm just curious what kind of monthly NET cashflow everyone's built up - and where their properties are:
I'll start
Type: City: NET Cashflow:
3 family - Springfield, MA $200
4 fam...
Lisa W.
Series LLC or Umbrella policy on networth
I'm starting on my journey as an REI and am hoping someone can help with the legal aspect:1) As I'm reading forums and accumulating everyone's "house hacking" ideas, there's been a conversation about Series LLC: one h...
Evelin Negrete
Terminate Lease with inherited tenant
I recently bought my first duplex. I inherited a tenant whose lease ends by August 1st. We talked and they asked if I would be increasing the rent I said yes to $925, they were originally paying $825. Market rent is $...
Moises Salgado
How's it going?
My wife and I purchased a primary home about 1.5 hours from Los Angeles, CA and are looking to give short term rentals a try. What is your experience in transferring the title to an LLC? Or just getting an umbrella po...
Ana Vhan
Questions around Trust, LLC, sole proprietorship, umbrella insurance
This is our situation. Let me know what is the right path for us - Trust and sole proprietorship OR trust and LLC OR something else? We have rental homes in CA and in AZ. We plan to add all of those under our trust. R...
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Bad tenants - Is there a website to warn other landlords
I have a question I would like to ask.
I have been wondering, I am currently going through an eviction with a tenant and this tenant knows how to work the system. I am assuming this person has been through it before....