William Edmondson
Inherited problem tenant with first investment property, what should I do?
Hey there, a little background: I purchased my first investment property at the end of December, which is an owner(me)-occupied triplex located in DeKalb county in Georgia, USA.
Everything is going well, I've...
Account Closed
Creative ideas for working with tenants who can’t pay rent?
Aloha from Hawai’i Island! We manage over 100 privately owned work force housing units here in Big Island of Hawaii. At this time quite a few our tenants are on some kind of unemployment due to the shut downs and lack...
Varinder Kumar
Notes Servicing (Sierra Crest Capital)
A friend of mine has purchased a 1st lien position performing note from https://sierracrestcapital.com. Has anyone heard of this company? and also what is their incentive to service notes. Basically my friend said Si...
Sean Dougherty
Buying pre-selected notes to local properties in foreclosure
I am an investor in distressed homes, mainly pre-foreclosures. Long story short...it has become quite a headache dealing with both the home owners through the entire short sale process and then the rehab of the homes....
Hamdaweh Sulemana
No Seasoning Cash out Refinancw
Hello All,I purchased a foreclosed home cash for $150,000 about 6 months ago, spent $25,000 on fixes and have it rented out in an A community @ $1000 a month in Arizona. I want to get some of that cash/equity to use a...
Heather Rodden
Tenant had lapse in liability insurance
I have a tenant that did not pay for her insurance and cannot until late next week. She is on a month to month lease. I live in Illinois. Just checking what your process would be. I believe I give her a 10 day notice,...
John Brennan
Too small to be big. Too big to be small.
Hi everyone. I’m John. I’ve had enough standing on the sidelines and want to jump in. The question is:I’ve been studying self storage for two years and know a lot about it. My problem is that I don’t want to give up m...
Lyndon Timbang
Check Book IRA to Syndication
Hi BP,
Just need your input about this: i am planning to rollover my 401k (from previous employer) to a Check Book IRA, LLC then after, i am looking at joining Syndication. Is this a good move? If not, wh...
Grace Santos
Advice on DSCR loan for cash out refinance
Hello, I'm doing my first DSCR cash out refinance on my short term rental in Indiana. It's currently owned under an LLC. I'm working with a broker right now and just received the initial disclosures. This is where I'm...
Mike Ojo
What to look for on Renters application?
I am starting to receive applications on my first rental property (all digital applications). I need some advise on what exactly I should be looking for to qualify each tenant please.Income: What multiples of the rent...