Interested in trying the FHA loan route to acquire first investment property. I understand that the property must be occupied for 1-year, and mixed reviews as to whether rooms can be rented out during that time peri...

We are closing on a property that we have a contract on in a week.  The property is ready to rent and we want to get a renter vetted as soon as possible.  Even though we don't have the title yet (cash deal) can we pos...

Quick question regarding attorney representation...I am under contract on a lake house, using an attorney local to the property. I have obtained financing from a local bank as well, who will be utilizing the same atto...

I have submitted my documents for the formation of my LLC (woohoo!), but it is unlikely to be complete by the time my initial lease will begin. I have an applicant I am ready to accept. Can I write the lease into the ...

Should you refinance that property in your portfolio now at 40% LTV? How I currently solve this issue within my own portfolio is by asking myself these 2 questions:1) Do I still meet my minimum cash flow requirement p...

Hello,How do you factor inspection costs on unbought homes. I've backed out of two deals this year when the inspections showed too many unknown issues. I pay for it out of my "real estate reserves" so do I count that ...

I have been keeping my eye on a 3 plex in Tucson, AZ. I have seen the property go Under Contract 5 times in the last few months, and then return to the market. I asked the listing agent after the first couple of ti...

Hi all,I was talking to a family member over the Holiday about DIY electrical for his property. He is planning on doing electrical himself but found out the State of Minnesota requires that to be contracted out for a ...

Hi all, can someone give me some guidance on splitting the lot. I have attached a conceptual diagram for reference.I am adding a new detached structure to a lot with existing structure in the front. (Still in the perm...

Since I became a landlord several years ago, I have always use the same screening process. When I show a property, I have prospective tenants show up dispersed every 10 minutes on a given evening. The typical evening ...