Jonathan Dickerson
Can Prepaid Rent --> Eviction With No Refund Given?
I have a client who recently completed a 3-year lease. They switched to month-to-month. I was planning on booting them out for a number of reasons but they offered to prepay for the year in advance. Since cash is king...
Matyndia Oyourou
Costs related to short-term rentals vs long-term rentals
Hello, I am starting on my real estate investing journey. My goal is to buy a multi-family unit and house hack in Houston, Texas. I am trying to decide between renting out the remaining units short-term vs long-term a...
Alexis Sicherman
Should I cash out refi to buy my next property?
Hi all! My name is Alexis and this is my first post on the BP forum. I own a vacation rental in Cape Coral and have since 2016, so it has quite a bit of equity in it. Some numbers on it;Bought for $175k in 2016, have ...
Victor Avelino
Walking Shirtless in the Hallway
Hello,I'm a new landlord looking for advice. I appreciate it in advance. I have a multi family house with three units. I have one tenant that likes to be shirtless in the common areas. The other two tenants feel offe...
Tyler J.
Owner Financing
I have been reading more and more about this and am trying to get a better grip on understanding it.
As a seller, how does it work when someone offers you seller financing proposal? Who writes up the paperwork? I re...
Philip Preskenis
Financing for quick close - 10 days
Trying to keep this short and sweet. We were presented with an opportunity to purchase a home direct from seller before his home is foreclosed on. It is set to be taken by the bank on March 7th. We would be getting a ...
Jackie Nguyen
Refinancing with hight DTI
hey folks, i have a primary home with a mortgage and an investment property with a tenant inside and no mortgage on it. I recently acquired a building that i will be turning into a restaurant. I want to either cashou...
In Cho
Advice on House Hacking in Chicago for a Veteran
Hi,
I'm a veteran looking to get started with house hacking in the Chicago area, and I'm hoping to get some advice from more experienced investors. Specifically, I'm wondering if it's possible to use a VA loan to...
Ruben S.
Inhering Tenants in a Buying Rental Property
Hello everyone! I`m in the process of buying my first rental property with tenants living in the house. What would be the things to do before closing escrow when it comes to inhering tenants in investment property? An...
David Johansen
LLC Question
I have been reading through the forum posts on LLCs and I am still unclear on a few points.1- Should I use an LLC for my first property or wait untill I have a few and enough equity/cash flo to worry about? (That said...