Derek Gardner
Where to find best pricing for owner occupy refi on fourplex in Los Angeles 57% down
About to close a deal all cash for $1.46M and was going to get a cash out refi after to take out about $630K in cash. A friend in lending told me I'd get better pricing if I have private lender do a $630K loan, record...
Timothy Curry
How to research new markets?
Hi everyone,I’m a new investor looking to purchase my first 3-4 unit deal and need some advice. These types of units in my current market go for more than $200,000 with rents ranging $850-950 for two bed rooms apartme...
Aaron Smith
Estimating expenses when the owner uses the ol' shoe box method
Hey all, I've identified a property which, so far, is looking good. However, the owner uses, as the realtor put it, the old shoe box method of accounting. Which means she has no way to provide expenses on the property...
Christina Wrightsman
How long did it take to find your first tenant?
As a newbie I am curious how long it took others to find their first tenant(s) ? I closed August 8th on my first property, took two weeks for a cosmetic remodel and the condo has now been on multiple sites as availabl...
Kristopher Tursky
Adding tenant to lease
A tenant would like to add her boyfriend to the lease. I pay trash and sewage. Do I raise rent for the additional tenant? And should I add this person to the lease or simply approve them moving in?
David Willis
Use net worth to underwrite 5 Percent gap funding on $13m SFR portfolio
I have the opportunity to purchase a 13m SFR portfolio, however, most of my available cash is deployed into a 1031 and BRRRR deal. So I know that I have cash to repay the gap within 12 months. I can still fund roughly...
Cathy Svercl
Rent credits for cleaning & painting by future Tenant
Hello, We have a triplex in a lower-income neighborhood in the Tampa Bay area. We have a pretty good Tenant who is moving from one apartment unit to another. The previous Tenant left the place dirty, and several rooms...
Bruce M.
Large RV or Boat - Tax incentives, Tax strategies
Looking for various tax strategies to reduce the reality that a large RV or boat is a grossly depreciating asset
I would not have a loan, so claiming it as a primary or secondary residence and claiming the mortgage d...
Justin Pierce
Contract for Deed Subject to Existing Financing
Ok, I'm going to give it a shot. I have always heard about subject-to-financing deals. I've always been skeptical but a deal came to me that seemed perfect for this scenario.Here's the deal:I've been advertising in T...
Alex Wade
New from Portland, Oregon
Hello from Portland.I have very little experience but am here to learn more, and get ideas from others about how to make money by investing. I have been a residential mortgage lender for 6 years, and currently have 1...