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As a private lender, I invested in a portfolio of rental properties (6 SFH and 1 Duplex) where the partners are paying me $3,286 per month in interest. The original intent in this investment was to allow the property...
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I just purchased my first triplex and I’m excited to move in except the nearest lease ends 4 months from now. I’ve been thinking I would have to rent out a separate place until the first lease is up but I just heard o...
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Hi;
My question is about who's liable for TI on a deal-gone-bad:
If a property is taken over subject to existing financing, and the new owner walks away from it, isn't he liable for the TI (taxes & insurance)? O...
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So when you buy a new building with existing tenants, if the seller has sketchy info on the existing tenants, you have them submit their pertinent info, right? SSN, Drivers License, etc...just like they were applying ...
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I am exploring the possibility of working with private lenders for commercial size (5 - 100 unit) multi-unit residential / mixed use (high % residential) properties. Deals I negotiate are on properties that are per...
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Hello all,
Just found the forum today and am now introducing myself! I am 31 years old located in San Antonio, TX. I am completely new to real estate investing and have zero experience. My immediate goal here, and in...
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Do I need a real estate license to manage a 22 unit complex owned by my parents in California? To be clear, I've already been managing the property and have only recently heard that a real estate license may be requir...
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Hi everyone I started my own business over the last year and have been able to put aside a sizeable amount of money to contribute into either a BRRR or into a live in self managed multi-family. However, because I do n...
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Investment Info:
Single-family residence private money loan investment.
I bought this property my senior year of high school when funds were limited and I legitimately could not sign for a mortgage. I was ho...
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I bought a house. In the process of fixing it up. I wanted to do some DIY.
In one of the units you can smell the sewer gases when the toilet flushes. I decided to change the toilet and wax ring to fix this.
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