Chance Cooper
Tenants forfeiting their security deposit?
I have a tenant that signed a notarized lease for one year, and gave me an $1100 security deposit. They were supposed to move in on July 1st 2016...They just called today and said they wanted to back out. Ive had the ...
Lan Raby
Ultimate Money Pit... Quadplex priced too good to be true. The true cost was stress.
TLDR: "Great Deal" was a money pit ... an absolute nightmare. Almost every problem you can think of happened.....So there I was, a seasoned real estate amateur. I say amateur, because although I have had multiple S...
David S.
How to submit an offer?
Hey guys so I am wondering how submitting offers works. I know that I will get lots of offers turned down because they are of course lowballs, But if I find a property and make an offer should I have seen it first? I ...
Kira Golden
The Bad Days!
One of the things I LOVE about real estate investing is how optimistic, creative and cheery everyone is. Generally, you don't get a lot of excuse makers in this business. However, I know we all have really bad days an...
Dean Smith
Auction
Hi, I am looking at a house that will go up for Auction in early October. It will more than likely go from $200-$240K based upon its size and location. What I am wondering is if I need to have financing all lined up o...
Wesley W.
Seasonal disconnect of natural gas service
So, they say the definition of insanity is expecting different results by doing the same thing. I'm looking for others' experience and advice with regard to my latest question.A tenant has requested of the utility co...
Marjorie Deprez
Cash Purchase with Refinance
We found a property that will likely get multiple offers. We would like to put in a cash offer and quickly recover our money with a refinance and still be able to deduct the interest. Is there any rule or timeline in ...
Evan St. George
Tips for forming first LLC?
My wife and I are in the process of closing on a multi-family in upstate NY (our first property) that we plan to owner-occupy. I know the strong advice is to set up an LLC and transfer the property into that LLC once ...
Lisa Mallory
Asheville STR gone - advice?
Our STR was in Asheville, as are we. Sadly the property no longer exists; it was at 22 Riverbend Drive sitting on the Swannanoa River, and like all nine houses sitting on the river, it was swept away and floated down ...
David Cohen
Going from Single Family Homes to Multi-Family Homes
I am working on buying my 8th buy and hold SFH. I like them and they all are rented and doing ok. I'm good at the management part of it. But I'm feeling like I need to think bigger. I have people who I think I can get...