Eric Smith
Reporting to the Credit Bureau
Hi, I am trying to setup my rentals with the option for the tenants to buy the property after 5 years. In order to help my tenants establish or reestablish credit, I would like to report their rent payments to the cre...
Damion Byros
What would you do?
Can you really live off of cashflow from rental properties ...example property at 123 main st is a 4 plex and its 100 percent occupied with tenants paying equally 750 so it generates 36K a yr but when you factor in mo...
Solomon Young
Seller Financing of Home that is in a living trust? What to do?
Hi, newbie investor here. I found an owner who is in her 80's who is considering selling her home and is willing to do owner financing after I explained to her some of the benefits. The She would like to continue to...
Tiffany Alexy
Need portfolio lender recs-- who do you use?
Looking for a portfolio/commercial lender to re-fi a few rentals and potentially put a few more under contract with. I've talked to a few with differing terms, at this point just weighing my options.Ideally, looking ...
David Bell
Seller victim of mortgage fraud. What to do now? Lease option
Hello, I came across a property where the seller was a victim of mortgage fraud. The bank wrote the property off, The deed to the property is in the home owners name. She is not making payments on the property and the...
Mark Y.
Looking for advice.
I have enough capital to begin real estate investing but trying to figure out what is the best option to begin.
1) Traditional method of finding a duplex/triplex/quadplex property with 20-30% down and aim for positi...
Tyrell Proby
DSCR Loans for **Dummies
A DSCR (Debt Service Coverage Ratio) loan is a type of loan that's given to real estate investors who want to buy an income-generating property, like an apartment complex or a Trap House. The lender calculates the DSC...
Yi Chu
HELOC or Business Checking Account to buy a property
If I use my HELOC fund to buy a property, which of the following two options should I go with from tax or business accounting perspective?
1) make the payment directly from my HELOC account
2) transfer the money fro...
Matt Sargeant
Overcharged late fees and retroactive adjustments that are not true
The AppFolio app that is used to manage the rental property has overcharged beyond the legal 12%many times and the bookkeeping for historical payments from tenants has been doctored to correct these mistakes by the on...
Deb Houghton
Eviction and Chapter 7 + disability
I have a tenant we are trying to evict in Trenton NJ. He filed for Chapter 7 and got a stay and than told the judge he is waiting for disability because he had surgery. We filed paperwork to start the eviction again...