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I want to start a discussion re the due on sale clauseWe are seeing more issues re lenders calling notes due. Some because of mistakes with insurance. But, some due to lenders looking.One lender/servicer is HomeLoan...
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Deadbeat tenant who lived with his mother. The mother passed due to Covid and that was the last rent that I saw for that unit. He did apply for the California Covid rental relief and I did get money to bring him up to...
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My current accountant has apparently not been taking depreciation on my rental properties every year. I am a rank novice in this area. Just wondering whether there could be any strategic benefit to not taking the dep...
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A shout out to @Chris Clothier and Memphis Invest for the mention in Saturday's Wall Street Journal. Here's a link to the article: http://online.wsj.com/articles/new-ways-to-profit-...I've learned a ton from him on ...
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Hello Everyone,I am just starting my buy-and-hold investing career and I am located in southeastern Connecticut. I have done some brief market research and I believe the local market I'm in, the Groton/Mystic area, w...
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I am moving out of my primary residence of 5 years, and transitioning it to a rental property. I've already hired a full-service management team who will provide turn-key management. I've begun keeping receipts on u...
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Hi everyone! I’m looking for advice/strategies on how to use a 950k line of credit that is provided to me through my bank. This is due to the assets they currently manage in my behalf. I’d really like to utilize this ...
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Hello everyone,I just wanted to share some of the difficulties I am encountering in obtaining home insurance estimates. I've e-mailed about 10 different insurance agents last Sunday and only 1 got back to me. She prom...
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Hi everyone!Thanks for letting me in your community, I’m a prospective REI in the Columbia SC area. I want to BRRRR/Flip to start and then get into buy and hold or STR once my capital builds.I’m building my core four ...
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Hi - I am going in mid-april to buy my first property in Cleveland, and I am looking for a good property manager. I have found more success in other states working with single managers over large companies, but I am ...