I am new to subject to investing. Like most people, my BIGGEST fears are the due on sale clause. Here is the other thing that bothers me. If the tenant buyer defaults on making payments in the subject to deal, then wh...
We rented out our house for three years, using the services of a local property manager. It wasn't disclosed to us until near the end of the lease that the tenant was late 25 times, and no late fee was ever collec...
Would you pay more for a house that had paid off Solar Panels?I have a rental in Phoenix, Arizona and I have Solar Panels on them. I put the bill in my tenant's Name, so that I am not responsible for the utility.My qu...
When we formed our first company, about 10 years ago, we chose an LLC format and that has worked out fine. We carry umbrella liability on the LLC and each property is added to the policy as they are purchased.
Base...
How can someone scale up in multi family from single family without syndication and partnerships? ( I’m not talking about 2-4 units)
I did the partnership thing when I first started out and I can assure you that I wo...
Hi everyone,Hope you all are having an amazing weekend. My wife and I saw a multi unit that we really liked today. Biggest problem is that the basement unit is not legal. I did some research and think it’s pretty clos...
Hello,
I just received some very good and fast help from Marco Santarelli. Based on his help, I'm backing up to see the bigger picture that I may have missed. I know that there will be many differing views on this q...
Does this make sense? A tenant complained he had a leak from his toilet. The PM sent a handyman and this is what he wrote in the description:Request: My toilet is leaking from the baseDescription:General Maintenance L...
I have seen a lot of posts lately on OOS investing in states like Oklahoma, Kansas, Arkansas. I have my views, but would like to hear from others who have opted to invest in areas that look more lucrative.
How did y...
Hi Everyone,
I am looking to invest in a Short Term Rental near all the attractions in Orlando. I was looking at Vista Cay but the prices are just so high for the rates that they get. The other communities that pea...