Anthony C.
Current Tenant Wants to Take on Roommate
My current tenant has asked to search for a roommate. I have no problem with this, but I am curious how to handle the addition of another tenant. Should I have them do the same application process and ensure all quali...
Adam K.
When preparing for a short sale should you continue paying the mortgage?
My inlaws have a house that they moved out of 2 years ago. Our best guess at this point is that they are $20k underwater on it and they have no money to put towards selling it so it looks like they will list it with a...
Christopher Salerno
Rolling into Self Directed IRA to lend to flipper/builder
Hi, all. I'm a new investor and want to begin lending hard money. I'm really considering rolling over my IRA into a Self Directed IRA in order to work with a trusted partner who wants to build and flip homes in the ar...
Zoe Mercier
Offer accepted but financing fell through even though preapproved
I got preapproved with a lender, submitted my offer and it was accepted. Now the lender is saying that they can't lend because the house cost is so low that the closing costs would violate the predatory lending Sectio...
Amy E.
What Makes a Good Tenant?
I'm an engineer. I own 5 rentals but have only been in business about 2 years. I've had 7 tenants, 4 great, two mediocre, one lousy. But there seems to be no trend as to what stats I could've looked for to determin...
Jonathan R.
Seeking Honest Feedback On FlipSystem
Been researching this program and looking for honest, unbiased feedback from those who have gone through the Flip System. While I appreciate the content and how it's presented, it's tough to fully trust what’s shared ...
Daniel H.
Tax Strategist and Accountants?
Hello all,In summary, I am a new real-estate investor. I am working to close on my second property this year. My market is rentals in Philadelphia, by year end I will have two triplexes (6 units total). I am a high ea...
Sharon Supera
To keep or to sell
Hello everyone,
I’m seeking your advice on whether I should continue holding or sell a property I purchased last May 2023 in Windsor, Ontario, a city next to Detroit, Michigan. I acquired the house for $350,000 with ...
Craig Daniels
Relative ranking of my first rental "deal" vs. the rest of the US (monthly cash flow)
Hi - I am curious what the forums will make of my first deal and whether it is relatively good or relatively marginal. I am in the Palm Bay, FL area and bought an SFR 3/2 for 220k. 30% down, 6.375% rate, and after a...
Llewelyn A.
Cash on Cash Return Compared to Cert. of Deposits
While I have been a RE Investor for 2 Decades, I've seen this metric quite often. The Cash on Cash Return (CoCR) seemed to be part of a lot of REI's decision making criteria.This Post will be a very long one but one f...