Andrew Miller
First Time Landlord - Tenant Requests
Hello all,I just purchased and renting out my first single family home at the beginning of the month. The new tenants are a family and I've gotten several texts about different items in the unit within the first two d...
Sean Kuhn
Switching to Month to Month
I'm interested in doing month to month leases with my new tenants. Anyone have experience with this? I want it to be able to evict tenants easier. Is it as simple as having a 30 day notice given to them and they ha...
Vinny Gaines
All of my financials for pre approved hard money....what gives?
I'm looking for a hard money lender and I am being asked to provide all of my financials and credit for a 'pre approval'...I'm confused...why would there be a pre approval without a deal being submitted? and why am I ...
Ron Steckly
What about buying highly depreciated SFR and renting them to Section 8? Thoughts?
Hi,
So I ran across this portfolio, which is kind of interesting because I've been thinking of doing something similar. Buying several properties that are highly depreciated and renting them to Section 8 ten...
Ian Fiske
Threshold issue: property manager, profit and SFHs?
Hi all,This is my first post, so apologies in advance if this is in the wrong forum. Thanks in advance for the guidance.I'm in my education phase of REI, having reviewed different forums off and on for the past 6 mon...
Zak Parks
The bank changed our LTV???
Hey BP. Gotta quick question. We've had a house under contract for about a month and a half. A month ago we signed our intent to proceed forms and loan estimate with 80% LTV. Closing was supposed to be a few days ago....
Phil C.
Should I get My License?
I was wondering if people get there real esate license just for the sake of doing there own deals? How long does it take? What are the costs invovled? Can you represent yourself and get paid a commission (or save o...
Federico L.
How would you save this $120?
This is about what I consider a rookie mistake. I have a nice rental which is about 35-40 min from my home. I was working few Sundays ago and my tenant called stating that the A/C was not cooling. The unit has about 1...
Jason Wilson
Transferring Dad's property into my name.
My dad bought the house for a dollar and I was planning on buying it from him for a dollar as it is a vacant property that needs over 70k worth of renovations to make it livable. He does not have the desire to get a ...
Tristan Kelly
First MF purchase in Cleveland OH
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $90,000
Cash invested: $55,000
Triplex in SE Cleveland (D+ neighborhood)
Purchased for 90 and saw 105 for v...