Account Closed
Dodd-Frank & Private Lenders on Owner Occupied House
If a private lender (individual, not a licensed lender) violated several Dodd-Frank regulations in giving a 2nd mortgage, what would happen if the lender tried to foreclose?Violations include:"Lender" knew "borrower" ...
Gabriel Craft
Passive Investing: Self-storage vs. mobile home parks
A couple days ago I posted a thread about MF vs. REITs and learned a bunch from respondents. I'd love to try it again with two different assets that were really popular the last few years...SS and MHP! "Let the friend...
Ashley North
Pet restrictions & fees?
Hey everyone! I am just listing my first rental property and would like to hear some opinions on pets. What are your pet standards, do you set weight/ breed restrictions? Do you charge pet fees (refundable or non refu...
Jalen De Leon
Questions to ask property managers and contractors
Currently under contract with potentially my first rental property and just wanted to gather all my eggs on a basket.I wanted to ask what questions should I ask before hiring a property manager and a contractor? What ...
Matt Anderson
Prospective tenant screening
Hi all,In search of some guidelines for what is appropriate to ask in a prospective tenant pre-screen questionnaire (what amount of information do folks use for their own criteria, and where can I read about what is u...
James Luctamar
CMHA in Columbus Ohio
Hi All,
Hope everyone is doing well this evening. Currently working with my property manager in Columbus and the tenant I inherited is under a CMHA program. I wanted to know that if anyone has any recent experience w...
Rahul Gupta
Primary property exception rule on 2 houses?
We bought our primary residence in 2018, lived there till Mid Dec 2020 and then converted that to Airbnb. We moved to a new state in mid Dec 2020 and bought our primary house there which we sold in January of this yea...
Jeremy L.
Seeking Advice on next steps in building Real Estate Portfolio
I'm a young real estate investor seeking the advice of experienced real estate investors to determine my next steps in building my real estate portfolio. I've outlined my situation below. Any advice, comments, etc. a...
Gursel Demir
Buying a partial interest on an inherited house.
A brother and sister inherited a house and are in title as tenants in common. The brother, who lives in the house, wants to sell but the sister, who lives out of state, is refusing.
In the mean time,...
Mark S.
HomePath Renovation Loan
So, I got my first property under contract!! 3 BR / 2.5BA, 1,248 sq. ft. townhouse. It's a Fannie Mae HomePath property (foreclosure). My agent asks me whether or not I'll be using the HomePath renovation mortga...