Stephanie Money
What hurdles do I need to be prepared for?
Being that I am young and wanting to get into investing in rental properties, what are some hurdles that you think I may encounter that I can be better prepared for? For example; lenders not taking me seriously, agent...
Tim Haag
Seller financing - interest rate???
My mom is handling her mother's estate which includes a lot with an old trailer in Cle Elum, Washington. She has an offer on the property but the buyer wants the estate to carry the contract. We are going to give...
Joseph G.
Unqualified applicant keeps contacting me, wary of rejecting
First post, I hope I'm following the rules and I appreciate your help. I bought a duplex in September. One of the sides was vacant and in need of renovation and I had a builder do this in October and November. While s...
Galen Bricker
What to do with inexperienced (young) applicants
I have three applicants (wanting to live together) for my single family home that are very inexperienced. They moved away from their parents last year to move to another state and are moving back to this area (home)....
Nat C.
Properties with illegal additions
In the past week I've looked at 10 MLS properties.
5 of those had illegal additions.
I'm not talking about an extra little balcony either. What was originally a single family house has had double the square footage ad...
A.J. Chesney
buying a property with existing tenants?
How does this even work? Do i have to honor the old lease until it is up for renewal? Can I immediately change rules/rents? What is the process for taking over the old lease? Changing billing on utilities, etc?Mos...
Christine Garnier
WARNING: Dangers Of Buying Tax Liens From Resellers and Wholesalers in Alabama
I understand that not everyone is going to like this post but I feel this is our duty to warn others of potential investment risks that could be prevented. This time, I want to expose the danger or buyings tax liens o...
Christina R.
New Out of State Rental Property in Philadelphia - How to Handle
I own a 2 family home in NYC- created and bought the house in an LLC. I live on one side and rent the other side. I am now about to close on a single family rental property in Philadelphia. Buying it all cash and hope...
Virginia H.
Am I liable for damages after the house has been sold?
Spring of 2017 I had two bathrooms for a single story rental (in CA) remodeled. Changed out the tub, shower head, piping, valve, lights, toilet, sink/cabinet -cosmetic update. The person I hired to do the work said ev...
Sant S.
First Multi-Family Property Acquired
Hello all,
Just over one month ago I finally closed on my first multi-family property. It is a 6 unit property in Jersey City. Below are the income / expense numbers & acquisition costs...