Mike Montanye
Down Payment Percentage On First Rental Property (20%-25%)?
I'm going back and forth on the issue of down payment percentage. I'm not sure whether to go with 20 or 25 percent.With the 25, I increase cash-flow and equity.With the 20, I reserve cash to put toward my next rental ...
James Peoples
MLS
Does a licensee need to hang their license with a broker in order to have access to mls or can one just pay a service fee to gain access without being an agent for a brokerage
Greg P.
Title Costs - Seems Unreasonable?
Hello, I've been using the same title company for awhile now and they have told me that they are giving me the best prices since I am a regular customer. Sounds great, but when I am buying a property through Fannie M...
Roman Flip
🇨🇦 For Canadians: does your condo board accepts checks only?
Does your condo board also accepts only cheques for condo fees? Mine does not accept anything else and are refusing to change that. Wondering how commonplace that is. Thanks.
Stephanie Windemuth
HELOC on primary to fund down payment for property in LLC
I've heard many people talk about using a HELOC to help fund properties. Â Although this sounds great, I'm wondering about how to use a HELOC (on a primary residence) to fund the down payment for a property held by my ...
BOB CRANEY
Do you pay yourself when you manage or work on your own rehabs??
I have always only made money when i sold a rehabbed property. I occasionally enjoy doing certain aspects of the renovation myself but never have paid myself the equivalent wage associated with these different parts o...
Mickell Fowles
Tenants renting by the room
I have a house that I rent by rooms individually. A tenants boyfriend has progressively started staying longer and longer and now he’s here all the time. He is not on the lease and does not pay rent. How do you handle...
Bob Asad
Use SFH HELOC to Purchase 12-Unit Apartment?
Would you recommend doing something like this?Using SFH primary residence with a HELOC (ex. $425k) to purchase a 12-unit Apartment ($1.5M) with 25% down ($375k from the HELOC).The remaining $50k from the HELOC could g...
Rick Bosl
TOPA in Washington DC - anyone know a good attorney?
Does anyone have experience with TOPA (Tenant Occupancy Purchase Act) in Washington DC? I have a great property under contract but the tenant is talking to other investors about selling his purchase rights. Anyone kno...
Angelo Garcia
cash rent
I pay my manager cash from the cash rent I receive but at the end of the year I give him a 1099. Is there any problem ?  Two tenants don't  want to pay by check but cash