Noah Farley
What’s a exit strategy on wholesaling a house ?
Hey guys , newbie here . I have a 100k house and it’s for sale for 25k . I would like to wholesale if possible . What’s the steps I need to take to complete this deal ? Assignment agreements ? And if I get into it and...
Luke Mccandless
Bay Area FHA triplex sanity check!
I am fully underwritten for an FHA loan to buy a 2-4 unit property in the bay area up to $550,000 ( possible higher depending on the income of the other units).I am considering a place in West Oakland, currently a sli...
Mel Hayes
Moving to electronic rent collection
Hi all,First I have to say, finding this Forum has been a life changing experience for me and I'm just so excited so my apologies if I'm asking lots of questions. I inherited a tenant who has been getting their rent ...
Sankha Ghosh
Starting My Real Estate Investment Journey: House Hacking and Seeking Expert Opinions
Hello everyone,
I've been lurking on the forums for a while now and finally decided to put together a preliminary plan before diving into real estate investing. Apologies for the long post, but I wanted to provide en...
Douglas B.
Tenant renters insurance: can I file a claim for damages if tenant does damage?
If a tenant does damage to my unit but can't or won't pay for the repairs, can I document the damage and file a claim against his renters insurance?
Kira Volpi
Contractor Partnerships Fair Profit Split
I have read several posts on this subject but none I could find that spell out my potential situation. Here it is:
I'm contemplating a partnership with a contractor.
I would provide 100% of financing an...
Scott K.
LLC Misconceptions and Education
So bear with me - I'm no expert and am simply trying to help instruct others but also educate myself if I'm incorrect on what I know. I've been reading up today on a bunch of forums including this one and see WILDLY v...
Anjelica Allen
Something just doesn’t feel right, need advice.
Greetings everyone,So I’m one week to closing on my first home. I’m purchasing a Duplex with a 203k FHA rehab loan (Property 275k). 1. The first unit needs repairs, nothing major (Estimate 27k). Second unit is occupie...
Alejandro B Yoon
A/C broke, tenants want to be compensated, need advice
I currently manage my mother's property that is using a rent by the room strategy. Last week the A/C in our unit fried from a power surge and required a new thermostat and tablet piece. After back and forth with the t...
Craig Ward
Elderly tenant died last night rent is due in 4 days.
First time for me so I’m looking for advice on the best way to handle having an elderly tenant die. She was the only name on the lease and family is saying rent may be late