Michelle Watt
investment property debt - cause issues for getting a home loan?
Hi All,Apologies if this topic has been discussed before, but I can't seem to find such threads when I do a search. I am a newbie investor looking at buying my first multi-family properties (meeting with lenders, brok...
Mike Miller
Tenant-buyer doesn’t want to pay for maintenance?
So I was just at a real-estate conference where an attendee told me that on all his lease-options, he has the tenant-buyer responsible for the maintenance on the property. Is this legal? Another reference has the tena...
Christine Lawrence
Fellow out of state investors
I'm looking to connect with fellow investors who invest out of state as long term buy and hold in good cash flow markets. What areas have worked for you? How do you like the team you work with? How did you find you...
Al D.
How to tell if what’s in a K-1 is UBIT and you must do a 990-T?
I (my SDIRA) received a K-1 with “current year increase” of $2,749. This is for a real estate syndication. I was not expecting to be hit with UBIT until the end of this partnership, when equity is to be liquidated. ...
Account Closed
Electrical questions with potential investment property
Hey everyone,Context: My wife and I are very new to the real estate investing world. We spent about 3 months looking at different properties and finally found a three-unit property in which we want to invest in as own...
Jing Chai
Should I start out by doing a non-accredited syndication?
I attended a real estate investing meetup and was presented a deal for a syndication on an apartment. The minimum is $50,000 share.Here is a brief summary of the deal:-646 Unit Class B Multifamily in Georgia -$63.5M p...
Sandy S.
NJ Security Deposit - Can tenant demand on day of move-out?
Just received notice that my tenant will be moving out of a rental property. Its been almost 10 years since I’ve had a tenant move, so need a bit of a refresher/guidance.Is a move-out inspection is necessary to do wi...
Eric NA
Possible deal - could be fishy
[i]Flip this house and we both win... I own the house outright no mortgage, but the house needs work and I don't have the money right now to do it. If you're a handyman and would like to make some money this is the de...
Account Closed
owner financing suggestions
have a 4 unit property that i'm thinking of seller financing...price--145,000....terms would be 10% downpayment, 8.5% interest amortized over 25 years w/ 5 year balloon...any suggestions?? i get that at about 1,003/mo...
Luis A.
FHA Loan - Appraiser and Roof issues
When selling a property to a buyer that is getting an FHA loan and the time comes around for the FHA appraiser to do his appraisal. Is he going to inspect the roof and actually climb up there?
If so, could he require...