Alberto Medina
Help for newbie on alternative financing ideas
Hello!My wife and I are wanting to start our career in house flipping/investing (while maintaining our current careers until we get off the ground) We are stuck at the beginning stages and need advice.
We have reache...
Doug Stern
Travelling Nurses & Oil and Gas STR marketing / managing
I have a 4-unit property (all 2 BR, 1 BA), that I'll rent by the room. I'm catering primarily to Oil & Gas contractors (pipe-fitters, electricians, etc.), then to traveling nurses. Are there others that you'd re...
Alecia Loveless
Inheriting Tenants Help with Introduction Letter Please
Hello. I’m closing on my first MFH next week and any help on writing an introductory letter to my new inherited tenants would be appreciated. One has lived there 3 years, one 6 years and one 20. The fourth is new. Ren...
James Wagner
NEED ADVICE! Tenant trying to get out of lease 2 days before move
Fellow Landlords,My tenants are trying to back out of the lease 2 days before they move in. Any advice would be great. Here's the background:I have a 1973 SFH in Wichita Falls, TX. 4/2, 2143 sq ft on a corner lot. I a...
Gannon Nikolich
Can I assume a VA loan after my grandfather passed away?
Hello everyone,My grandfather passed away about 3 years ago and my parents took over his triplex that has a VA loan on it. My parents names are also on the title from when he bought it, but the mortgage only has my gr...
Bryan Hancock
Negotiating Loan Covenants In Commercial Loan Documents - Nervous Lender Clauses, Etc.
We're in the process of negotiating more favorable terms on large guidance lines of credit for spec projects in Austin, TX. I was hoping some of our experienced lenders or developers could share their wisdom with how...
Michael Tempel
Ways to Reduce Electric, Water and Gas Usage on a Property - Multifamily
I have spent a lot of time on this area in the last few years. We manage larger apartment communities that range from C to A class market rate apartment or mixed use buildings with most properties being over 50 unit...
Tyrell Ferguson
Owners and Property managers won't let me see tenant occupied properties
Recently Ive been doing online searches with my realtor to buy a tenant occupied property in Baltimore. We have no problems finding them but when we try to make an appointment to go see them we get the run around. W...
Lakshman K.
Investing in old multifamily a good idea?
I'm lookimg for a multifamily rental property and could only find old houses that fit the numbers when it comes to cashflow. Now, when I say old, these are very old. Construction years between 1920 and 1955. Are they ...
Kiera Underwood
Is lower cash flow a deal breaker?
How do you all feel about multi that doesn't have incredible cash flow as-is but that's rehabbed, in a stable market and in an area that should have a bit more appreciation than other areas of the city? I've run into...