Jean-francois Ndomb
HELP - FOUND MY POTENTIAL FIRST 4 UNITS ( FIRST DEAL)
Hey guys,I am getting ready to buy a 4 unit multi-family property from a friend who does not want it any more but doesn't want it to go back to the bank ( moving on to a different business). So instead of $85k it w...
Marty Hofmann
1031 Exchange with Title Transfer to LLC
Question: We closed on a property in November 2018 fixed it up and rented it the couple that wants to buy it. They agreed to buy it once we crossed the 1 year mark so that we could roll capital gains out into a 1031 e...
Pat Peri
How are you collecting payment?
Hey guys,
I am in the process of getting my first quadplex and am wondering how everyone is collecting rent. Are their good apps/software? Are you directly drafting from account? Check?
Thanks!!
Austin Green
FHA loans for poor students
I'm a student in my first semester and I'd like to invest in a 2-4plex and do househacking in Utah. I want to get a property before the end of the year so that I can have an early start to building wealth and buy anot...
Ryan Dyess
Park owned vs Bring your own trailer
From those that own mobile home parks have you found it difficult to fill sites if you just rent the site? One park I am looking at has about half park owned homes and half empty sites for people to bring their own tr...
Nathan Pa
Im having a problem with a brand new tenant. He is very unstable.
He has been living here for 13 days.
Recently I got into an altercation with him, he left a pair of scissors in the living room and I used it but forgot about it and left it in my room.
Next day he banged on my door...
Jay Hughes
Future Rental Income to Help DTI
Hi,
I’ve been lurking/reading on the forum for a while and just decided to join. It’s been a really great resource, but it’s hard to get a handle on the current climate in lending.
My main question is the possibili...
Felix Renaud
How to deal with tenants paying super low rent?
Hi everyone!
I currently have a property that suits my criteria, but their is one big problem. The property is a quadplex that has tenants paying less than half of market rent at this moment. To maximize my cash-flow...
Bill Flannagan
How to account of landlord labor in security deposit return
I recently completed my first year of being a landlord. The lease has ended and I owe the tenants part of their security deposit back. I had to have some repairs completed. Some things I had to sub out and have invoic...
Sean Ade
Section 8 Housing Rentals
What are the pros and cons of renting in Section 8 housing? Has anyone found success down this road?