Corey Demuth
Responding to tenant "emergencies"
I have a question for the seasoned landlords...How do you handle it if a tenant calls you about an issue that they feel is an emergency (which may or may not be an actual emergency) and you are not able to go over the...
Rachel Pivonka
Tampons causing drain blockage
I need some advice. Do I foot the bill? Do I bill tenant for the cost or half the cost? Here is what happened...I send out a 24/7 plumber on from a large reputable company on Friday after tenant calls. I reminded my t...
Sassy Dlynn
LLC
My Husband and I own 3 houses and two of them are rentals. He wants me to put the rentals under an LLC. Now I know an LLC is to protect you in the event of being suid, but if we have good insurance polocies, does that...
Account Closed
Private Lender vs Hard Money Lender
Is there a difference between the two?
If the loan terms were the same, would you be more likely to work with a private lender or a hard money lender?
Hard money lenders use private money, so to my mind they are the...
Anh Nguyen
Newbie needs advice for investing out-of-state
Hello guys,
This is my first time posting in this forum even though I've been following the site for about 2 years now. I'm living in the Silicon Valley and about to graduate college with an upcoming job as a Financi...
William Orrock
Investment company trust or not?
So I’m thinking about investing with a company that says if you invest 150k on 10 properties (turkeys) that you will make around 5,000 a month and this all can happen in a year. Between 13k and 15k for a down payment....
Gary Fritz
Does last-minute addendum to closing paperwork have any force?
My son just (yesterday) bought his first house. It turned out I had to co-sign with him. I was honest and told the loan underwriters that I was picking up a new Tesla this week. They said I couldn't get a new loan,...
Justin Pearson
If/When a Recession hits, will wholesaling get easier or harder?
I've tried my hand at part-time wholesaling with no success. I've been working for a small REI LLC owned by friends and family for a little over a year. We are in the Austin and San Antonio TX markets which are very c...
Kiana Rose
What is the best move to be eligible for financing?
I recently left my travel industry of one year and am currently a nanny making more money (roughly $800-$1000) a week however this is cash so it is non-taxable income. I also work part time as a server for extra money...
Nathan Bruce
Purchase in my name then transfer to LLC or buy with the LLC?
I am preparing to purchase my first rental property and have a question for the community. Asking the same to my accountant and will post his answer as well.
Should I:
1) Purchase in my name using a personal bank loa...