Jake Walroth
Signing new Tenant Lease Agreement - Legal Question
So I bought a duplex, I will live in one unit. However, the 2nd unit was signed with former owner, and the tenants don't move in until this May. Do I need the tenants to sign a new agreement with me? I've talked with ...
Darrian Whitford
FHA loan approval
Hey guys,I have finally gotten the ball rolling on my dreams of RE investing. I recently got pre approved for a fha loan. I also put in a contract on a duplex. I have paid my ernest money, now i will be having the pro...
Michael Zagorsky
Renewing lease on late-paying tenant? Increase Security Deposit?
We have a townhouse that rents for $1,100/mo in Birmingham. Professionally managed. We live out of state. Signed new tenant in July of last year always paid on time. Beginning in Jan of the tenant started to get 15...
Jennifer Umbaugh
Gutters?
Nearing end of a 300k flip. Consensus on need/desirability of adding gutters. Home is over 100 years old with new 750sq ft addition.
Daniel B.
Turning PR into rental, have to pay off HELOC?
Hello,
My wife and I moved into one of our 2 family rental properties 2 years ago. We took out a heloc a year and a half ago and improved the property. We are now planning on moving this summer. We will rent o...
John P.
Memphis Property Management Fees
I am curious what others pay in Memphis for PM fees. I like my PM fine but feel their fees are getting nickle and dimey. Fixed percentage per month which is now 8% for having more than 10 houses; 75% of gross first m...
Vince Futia
Have Title Insurance or Not?
Hello Everyone;Happy New Year!Would love to gain additional perspective on my first purchase, closing this up coming week on a 2 family property in upstate NY. My question is should I purchase "title insurance" that i...
Brent Rogers
South Carolina property tax laws
seem to stink for real estate investors! I live in Georgia, grew up in SC and have been exploring the possibility of buying MF rentals near USC. However the property taxes seem to be outrageous for a "non owner occu...
Jeremy Pace
Master Lease Option question
I'm curious about the scenarios where MLO could be an attractive offer. I'm currently investigating an 8-unit multi that seems like it works on paper. I'd very much like to offer the seller (listed on MLS) an MLO.Do...
Ming O.
Combining rental and other businesses into SCorp
I'm self-employed as a graphic designer and am doing business as a partnership (my husband being the partner).
Since we are already paying the $800 a year for filing as a partnership and I've been told by my CPA tha...