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Hi all - I just got my first rental property, and I am writing my rental agreement. I was thinking about adding in a "call out fee" clause, which basically says that if they call me to the property, they pay me $20 (r...
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We rented our 13 year old cabin to a tenant who put nail holes in the pine hardwood floors and also around wooden door frames and wooden baseboards. The lease addressed this and stipulated no modifications without au...
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Context / background info: the VA loan is a mortgage product, you can think of each interest rate as a sub-product. Each sub-product has a price, called discount points. When that 'price' is a negative number, we call...
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Hi
My duplex is in need of new gutters and soffit facia. However, it was recommended for me to getter guards. Im looking at $650 more with a goal costs to replace gutters, downspouts, gutter guards, and soffit costi...
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During our option period we are buying a duplex as is. We originally offered 205k but after foundation, plumbing, electrical and mold found our new asking price is 172k. The seller is now requesting to see the estimat...
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Want to purchase SFH rental properties out of state (live in NJ) and want safe asset protection in affordable fashion without setting up an LLC for each property and heard about series LLC with "child" LLC's for each ...
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Hi everyoneI'm starting my BRRRR journey with my business partner. We are currently starting out our first 'B' phase and using BRRRR calculator on multiple properties a day trying to get in a good rhythm of being able...
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1) When wholesaling, how long do most contracts have on them before the property needs to be closed?
2) How much do these contracts cost the wholesaler?
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I want to vet a couple of private lenders I've met in my area. I am new to investing and have after the shinny object syndrome wore off I narrowed my focus to being a flipper, or as I like to call it, a real estate r...
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My mother is near the end of her working life and wants to get rid of her 3 rental properties/duplexes. Our thoughts are that she could transfer/gift them to me to take over and I would in turn split the cash flow wit...