Marlon Balogh
Real Estate Frauds Introduction
Several Basic Fraud Schemes to Note:
I have now been in accounting and specifically in Forensic Accounting and Fraud Examination for 7+ years not only dealing with your typical frauds, embezzlement, theft, and breach...
Account Closed
How to structure owner occupied office space with tenants
So most people seem to recommend an S corp for flips (and new construction specs), and an LLC for long term holds. I've adopted this tax strategy, and my LLC has now purchased an office building. The building has...
Angeli Ligad
Creating a website for credibility
Did you begin your journey as a wholesaler by creating a website for credibility?
Dick M.
Tenant disappears after giving deposit
I had a prospective tenant give me a the security deposit with the understanding I'd get the rent in 2 days (no keys given). Now that date has passed and the phone number we have been using is disconnected. How lon...
Arnie Guida
The Move Out/Move In Overlap
Let me first say this doesn't keep me awake at night, but...
I've got a new tenant moving in April, and they said they have to be out by Noon on Sunday, March 31st. So...they're asking for the keys on the Friday 29th...
Chris Carrigan
Refinance STR HELOC to conventional
I have a STR which I renovated using a HELOC on my primary home. Balance is $79k at 7%. No other mortgage on the STR. The STR has been in business now for 8 months. Gross earnings average is $2k per month. Is it p...
Momk M.
Chicago Roofs
Hello All,
I have invested in some multifamily units in woodlawn chicago through a turnkey operator however Im concerned about the roof since it was not part of the gut rehab. My question is two-fold.
Does anyone ha...
Ameer Eddin
Primary Residence vs. Investment- Refinance
I'm hoping I can get some feedback on what constitutes a primary residence for underwriters on a conventional loan. I have a friend that asked for advice on refinancing her first home which was purchased 2 years ago w...
Clint McLaughlin
What is a realistic return of your investment?
Getting a good return or your investment is everyone's goal. The big question is, what is a good return? Some people will only consider 20% as a good return for their purchases. When the market is good of course 20%...
Matt McCue
Student rentals - request to move in a few days early
Brand new to RE investing...I bought two 6 bedroom SF houses that were set up for student rental housing in June. Tenants for this academic year move in Sept 1st. A couple of students asked to move in a few days ear...