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This is such a rookie question but I have to ask it anyway. I am going to close on a duplex and I just found out the tenants are a month and a half behind in their rent. It is an estate sale so I am not sure if they...
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Hi, I just bought my first rental property last month. I live in NY and my property is in FL so the property will be run by a property manager. I just received the property management agreement and the cost of prop...
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Hey, I'm a young adult who has been studying up on turnkey properties and the pro's and cons of owning one, studying the various markets that offer said properties and so on. Overall I'm focused on acquiring one but I...
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Hello folks! Thanks in advance for any help. My first few weeks as an investor have been exciting to say the least!I took a contract assignment and closed on this SFR Jan 16. The prior lease had expired back in Nov. H...
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Currently I use Self Directed IRA custodians (Pensco and others) to be able to use my IRA funds for investment in Secured Notes. At times it becomes a time consuming effort to deploy funds to a deal.
I am s...
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Hello everyone, uber noob here... Thanks for all your insight and support!
I purchased my primary residence, a two-building duplex close to the beach in San Diego. It's been a great buy so far, bought it from a fli...
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I will be buying my 1st 2 MF with a VA NO MONEY DOWN LOAN as a 100% Disabled Veteran ... ( will have 6 months reserve in bank for mortgage pymts, and $15k for unexpected major repairs )
What should be reasonable go...
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Over the last several months I've spent a significant amount of time reading books, BP forums and almost anything I could get my hands on, to prep myself for my Real Estate journey.
I've finally lined up a ha...
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So I had one of my rentals on craigslist with a lockbox on the front door. I've been using lock boxes for 10 years. I had a rental on the market for a few weeks giving out the code to people to look inside. Yesterd...
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Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...