Samuel Mutschler
VRM Lending Process
Howdy! I found a home that is an REO and qualifies for Vendee. The website isn’t very helpful. I’ve been able to calculate all my monthly operating expenses, lowest possible rent, and upgrades. The only figure I can’t...
Joy D.
Garage Conversion to Living Space
Hi there!I'm contemplating adding a bedroom with a bathroom into my single-car garage space... nothing major, just a simple space conversion. Has ANYBODY gone through the permits process and done this? The costs from ...
Puneet Sharma
PM asking for 50% of Rent for New Lease and 25% for Lease Renewal
Is it normal for Property Management companies to ask for 50% of first month's rent for a new lease and 25% for every lease renewal. There's no cap to this amount. I have seen this is in two different markets though n...
Joe Martella
Note Analysis
good morning all:So I found a note that I decided to do some research on, but don't know if I am considering everything, so I come to you to get your opinions to see if I am on the right track. The property is in Mem...
Shera Gregory
Include third person roommate in lease?
We are considering renting to a couple who also have a friend they want to have live with them to help cover the rent. The couple together make exactly the 3x rent that we require. The third person makes enough to bri...
Leroy Wallace Jr
Refi and payoff student loans?
So. I am finishing up my first BRRRR deal. The numbers on the refi seem to be working out, almost to the dollar, for what I owe in student loans. I pay $817/mo for my student loans. My question is should I pay off ...
Kayla Heine
HELP! How to work with sellers with no agents
Hello everyone! I need advice, I am attempting to buy a 3 bed 2.5 home (My very first home) from a older gentleman with; no representation who is trying to move out of state ASAPWho refuses to pay a broker fee (becaus...
Paul I.
Self Directed IRA Recommendations
Hello,I am starting the process to move my company IRA to a self directed IRA.Can you please provide recommendations for the best custodians for a self directed IRA.Thanks in advance for any recommendations.Cheers.......
Brad Fletcher
Buying a property without air conditioning?
I'm looking at purchasing a town home to use as a rental. My price range is 90-115K. Some of the homes in this range do not include air conditioning. Would you buy a house to use as a rental that does not have cent...
Michael Morin
Hard Money loan to start out
So I’m shopping around for a Hard Money loan. I found a lender that’s willing to work with me. The terms are 30% down, 16% interest for 12 months then balloon at the end of 12 months. No points upfront. How does this ...