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Results (10000)
Drew Vukov Anyone ever use a TSP loan to purchase a rental?
28 August 2019 | 34 replies

TSP is the Feds 401K. I have been considering taking a loan out to purchase a rental property free and clear. The problem is loan repayment term is 5 years, which pretty much kills any cash flow. The interest rate is ...

Zach Terhune Tenants Pay Partial Payment After Eviction Started
26 July 2020 | 25 replies

We begun an eviction on Monday with some tenants. I sent them an email explaining the process had started and that no partial payments will be accepted from this point forward. The next day they sent a few hundred buc...

Ken Latchers Water Expense problem
11 May 2012 | 27 replies

Your advice appreciated with this dilemma:

I am about to close on a 6 family (1987 construction). Rent is currently $2100/month. There is one meter and I JUST found out the monthly water bill is like $300-$350 - I ...

Matthew McNeil Lender REFUSES mortgage payments from LLC business account
23 June 2021 | 30 replies

My lender is warning its clients that it will no longer accept payments from a business bank account, which is how I’ve been paying the loan since its inception many years ago. They insist I must pay using a personal ...

Nicholas Ramirez What's the First Step?
30 July 2024 | 18 replies

A lot a newbie investors spend so much time trying to learning "the right amount" of information before jumping into investing (as if there's such a thing). But every experienced investor says it's more important to j...

Renee Ren Does anyone know the penalty of usury?
30 July 2018 | 17 replies

Hi folks, I lend money to a friend last year in April for her flip in Mountain Baldy, San Bernardino CA. She couldn't get the property sold because of the lease land and some title issues. I signed a promissory note w...

Ceasar Rosas House hacking in NYC. The Bronx specifically!
27 August 2017 | 14 replies

Hi everyone,I just wanted to write a bit about house hacking in NYC. I started in 2013 buying a multifamily using an FHA loan with a sellers' concession included. My total out of pocket for that house, that cost 400k,...

Andrew Campbell Closed on 202-units AND quit my job on the same day!
13 July 2017 | 69 replies

I started buying rental property five years ago to create a passive income stream. At the time, my realtor and friend who helped me buy the fourplex said “watch out, Real Estate is like crack.” For me truer words ha...

Doug Eric Gueirn Can I trust other players in the real estate game?
5 April 2023 | 16 replies

I am talking to individuals in my area who are investors and buy properties. I mentioned that I am starting out in the business myself and would need someone to sell contracts to. These individuals said that they woul...

Katherine Robbins Having a Trust run an LLC
18 January 2017 | 17 replies

Hi all,I've heard that it's smart in an asset protection way if you setup a Revocable Living Trust to run your LLC if your LLC is a real estate investing company (i.e we flip houses). I don't know much about this conc...