Danick St Jean
Wholesale Asssignment
Hello everyone, I'm new and I'm starting out as a wholesaler, I need to know the basics,How much money do I need to be the middle person?If the cash buyer bails out am I responsible to purchase the property?How many d...
John Phillips
Buying a 17-Unit in Phoenix, Do I Need New Leases at Closing?
I'm looking at purchasing a 17 unit apartment building in Phoenix, AZ. The property currently has existing leases and tenants in place. At what point should I have new leases with the tenant? Should I let the existing...
Soumya Brijesh
Tenant asking to remove a dependent from lease
Hi, i have a tenant asking me to remove a dependent from the lease. she has her bf as a dependent on the lease. Should I create new lease or is there some kind of amemdent form that I I could use? the property is in ...
Jarrett Mel Williams
Home Equity Line of Credit
Hello,I'm looking into accessing a Home Equity Line of Credit on my residence. Loan: $488kRefinance Appraisal: $615kIs there any banks or lenders anyone has used in the past and what have been everyone's experiences ...
Michael Schnyder
Cleaning fee on a rental
I have tenants moving out at the end of August that have only been in the house for almost a year. Do I automatically charge a cleaning free to have it professionally cleaned for the next tenants if they leave the ho...
Joe Schultz
Collecting Rent, what are the best options
Half of my renters pay in person, some direct deposit and mail or deliver to my designated place (home).
what do you think is the best way to handle this?
Notes: I see that when the bring it in person, this develops...
Bryan Thompson
What's the best way to collect rent?
I recently closed on my first property and it has tenants already living there. What have you all found to be the best way to collect rent? I've seen old threads where a lot of people were recommending Cozy but that h...
Michael Ansley
Portfolio LLC Setup & Mortgage Payments
Hello All,
Me and my business partner are going to close on 3 duplexes outside of Atlanta in a few days. All 3 duplexes are right next to each other and have 3 different mortgages with the same bank. My questions for...
Oren Kachel
rentals near a university?
Hi.I would like to buy rentals, hold them for couple of years and then rehab them and sell them.do you think rentals near a university is a good idea? or is that a high risk of students trashing the house?
Tim Nethers
Occupied Triplex without Leases
I have the opportunity to buy a triplex in a decent area that’s cash flowing hundreds and the numbers look good. The potential for issues are that while it is occupied the tenants have no leases and no security deposi...