Hi I am a first time property owner looking for tenants.I am writing up my own lease / rules and wanted to know how to state no pets is allowed, and it's penalty and consequences.I read a few posts on the forums from ...
I just had a tenant move in 8 days ago who signed a six month lease. He texted me yesterday saying he wanted to break the lease because the apartment is too loud at night. (this is an owner occupied 3 unit, I leave r...
Hi, I am a newbie trying to fill my first rental and am unsure about what to do about this situation. I had a woman inquire about the rental. Here are the facts.-It would be the applicant, her husband, her two kids (a...
Are there any rules/regulations regarding private lending from family members? How are people structuring these deals? I have been doing flips/BRRR's with my own money and would like to bring on family members to earn...
After way too much frustration, I decided to switch property managers, but the process has been a nightmare. The old property management company said they needed 45 days to close out my account. They did send me the f...
I have the opportunity for a cash offer where the property has great up side once it is renovated.We can get in to the property no problem since we have the cash, the issue is how to finance the repairs and renovation...
Good day all,My name is Jordan and I am in the process of buying a triplex in Philadelphia pa. My agent and I recently sent in a offer to a potential seller in on the 120,000 triplex I plan on buying. I spoke with my ...
I am looking to buy a new property and am running into issues getting qualified for conventional loaning due to high DTI. I have a rental property which cash flows, however on my last tax return I had reported the reh...
I was wondering if any on here have successfully used bubbles for structuring seller financed notes. The concept is to get a small balloon payment for less than the full amount of what is owed on the note to meet the...
Thought this would be a fun post. Here is a list I created. This is targeted more towards beginner investors so I left out the advanced/high cost strategies. Feel free to add to the list with any of your own tips. Hap...