Jake DeBoer
Occupancy Limits in Grand Rapids
Has anyone else run into issues with over occupancy in GR? I have a 6-bed, 2-bath SFH that I rent to college students. I used to rent to 6 but two years ago was hit with a zoning violation."Did allow more than four (4...
Dustin DuFault
Virtual Assistants & Quickbooks
Hello All! I need some advice from folks that have been working with a virtual assistant. I am in the process of selecting one to handle my accounting -- both for my real estate, which I currently have setup in Quickb...
Andrew Arthur
Another DSCR Question - Better with LLC or in Personal Name
Currently a W2 employee, own two properties and ready to purchase a third but my DTI will not allow it. From my understanding and research the DSCR Loan is the only way in my situation. However, is the better strategy...
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...
Brian Gibbons
CFPB and Credit Repair - Beware!
Below is today's CFPBs Bulletin on Credit Repair Companies (Fraud)I have assisted Tenant Buyers get mortgages with damaged credit and high DTI since 1986.If you are recommending some credit repair companies to tenant ...
Matthew Posteraro
Long Term Rental Analysis - Multifamily
I am in the phase of practicing deal analysis on possible investment properties in the area I am looking to invest in. The property would be a multi family that me and my wife would live in one unit and rent out the r...
Michael Wentzel
tracking expenses for each property vs portfolio?
Hello everyone,If you have a portfolio of single-family properties, do you always have to track the income and expenses by property?I'm pulling together my numbers for my partnership tax return and it is a pain. We ha...
DeAnthony Whitney
Beginning on my journey to becoming a REI
Good Morning,
I'm DeAnthony Whitney, I'm 27 years young and I'm fresh out of class eager to become my journey as an Real Estate Investor. I resident in the Chicago area for now but I will venture out once I have the...
Bob Malecki
Licensing requirement for Georgia note investing?
As I understand it a license is required to buy residential mortgage notes in the state of Georgia and I'm posting to see if anyone has specific info on this or links to article that provide the requirements. Perhaps ...
Jeff Watson
Student Housing property management agreements
We are revising our management agreement as it relate to the student housing we manage. Wanted BP input on some items:A;) Typical fees charged. Right now we only charge 10% of gross income (rent, fees, forfeited depos...