Jerome Hanson
Owner finance - As lender, what benefits & issues to consider?
Hey all,so I recently completed an owner finance deal as the owner/lender. The checks have started coming in but I now realized I don't really know how to best track this income. For instance, should I be making a s...
Michael Miles
LLC's for your properties?
Hello everyone,Long time listener/reader, first time caller. I'm curious about what everyone's strategies/opinions are regarding LLC's for their properties. I just bought my first investment property last year and am...
Paul D.
Cash Out Refinance Reno Before 6 Months
Okay,
I got my first deal lined up. I am going to cash purchase a home for 40K and put 15K into it in renovations. Comps show it should on the low end appraise for 67K high end 73K. However, I want to cash ou...
Chris Penny
Exclusive Broker Agreement
Hi, All. I contacted a broker about a 6 unit property that ended up not being right. He said he had some properties that were not yet on the market and would I like to see them? I said I would be interested. What ...
Cheryl C.
How would you respond to this tenant question?
I have a tenant with 6 months remaining on a 2yr lease. I received an e-mail last week asking me what the renewal rent would be for a 1yr lease and for a month-to-month tenancy. I have never had a tenant ask for thi...
Michael Temple
Student Rentals - Pros & Cons
My Realtor took me through several houses about a week ago that was in a neighborhood that is primarily student rentals and is near our local University. One house was interesting to me based on purely the numbers. Th...
Greg Teplansky
LLC or Business entity service companies
So I'm pretty no to REI and I'm hedging on starting an LLC to put my first STR into. When you start reading about this and searching the internet one thing I find is true... there are many LLC formation services that...
Bob Yon
Entity structure for doing wholesale, rehab flips, and rentals
I've searched the forums and have not found exactly what I am looking for though I don't think my situation is all that unique.I have been investing for some time now and have acquired several rental properties. I ha...
Casey S.
Interest rate increase influence on house prices/ rental rates?
I havent been around long enough to see high interest rates. How much does it usually affect house prices? Common sense says that when rates go up prices go down but what could we expect to see happen if rates went up...
Timothy Casallas
Should I Sell my appreciating home for more cashflow?
Hey BP,I have a feeling that I already know the answer to this but I want to make sure I am not missing anything or making an emotional decision. I have a home in Jacksonville, North Carolina that I bought back in 201...