Jimmy S.
How would you handle this?
O boy here goes try to make a long story shortHad first, last and security upfront.Couple moved in july, he was arrested in september.Rent was due September 1st never paid still as of today. I was forced to use their ...
Rebekah Meyer
After giving tenant a discount, received nasty text
Hello, I’m a new landlord, experienced flipper. On our first rental everything was remodeled. We basically rebuilt the entire house. But first of May the tenant reaches out to me and tells me the AC failed to come on....
Rick Bassett
Tenant screening uncovered DUI's, jail time etc
Hi All,
Looking for a sanity check here with a potential tenant.
He called on a property, loved it with 2 minutes of walking through it (almost no one loves this property as it has a strange floor plan) and emailed...
Jacquelyn First
Should my tenant buy their own fridge?
I’m 26 and have very little life, let alone real estate experience but I was able to buy my first single family home with my dad going in 25% in Southern California’s high desert.My dad owns one other home up there an...
Joe Onorato
Solar Panels on Foreclosure
Question for everyone in the forums. What is your experience with solar panels and how the bank handles them? I'm assuming these would be a lien on a property like any other lien? The only reason I ask, is they don't ...
Dan Mackin
Effective Rent By The Room Strategies
As it becomes more prominent in the US it seems there should be a discussion on renting by the room. Yes, I'm aware that this has been done forever with student rentals, but I'm specifically talking about post-college...
Jason Barnett
Property Analysis or "Is this a good deal?"
This question has been asked so many times that I have decided to write up a crash course in analyzing financial statements. You don't need to be a financial wiz to invest in real estate, but you really need to under...
Christopher W.
How much to pay private lenders?
Like the title says, how much do you pay your private lenders? I have seen that 8% - 15% seems like the average.
Now another question - is that 8-15% on the money they lend you or of your final profit?
Scott Trench
Bold Prediction: The Fed WILL Do a 25+ BPS Cut... But RE Borrowing Rates Will Rise
Ready for some nerdery?
I believe that the Federal Reserve is going to cut rates by 25-50 bps at it's September meeting (no emergency cut), but that 30-year fixed rate mortgage rates will rise to upper 6s low 7s aro...
Damon Riley
Autumn Property Management (Michigan)
Is anyone familiar with Autumn Property Management in Waterford, MI? They are taking over the PM duties from Proway (which was an arm of Strategic Properties, LLC). One source was optimistic that they'd be more resp...