Aaron McCurdy
Where do I begin? Commercial investing -- ie: Car Wash
Hello, All! First off, thanks for any advice that I can get. I am learning as much as I can but there is so much to all of this. My wife and I have been discussing what we can do to leverage some of our money and di...
Tammie Welch
Tenant Late on the Rent
Good Morning,We have a tenant that stated they will be late with their rent for June. They asked if they can pay $400 on the 1st and remainder $475 by the 15th of June. She didn't mention paying the late fees of $50...
Jason Graves
Helping 15 year daughter buy first house. Wife’s not a fan
Today we entered into a contract to buy a 3 bed 2 bath House in Kansas City Mo for $145k. The house will rent for $1500 to $1700 per month.I’m teaching my daughter how to create a monthly budget and will set up a sepa...
DJ Cummins
To LLC, or not to LLC, that is the question
Hello Everyone!
So we are trying to start getting our ducks in a row before we start shopping for our first property. I don’t want my wife and I to fall in love with a deal and jump on it before we have everything r...
Mindy Jensen
Automatically Eliminating Criminal Records? Not so fast, says HUD
Criminal record? For years, landlords have been able to automatically disqualify any tenant with a criminal record - as they were not a protected class under Fair Housing Laws. Recent recommendations from HUD are call...
Victoria Coleman
Investing in multifamily properties in areas with bad winters
Hi Everyone!I am originally from Erie, PA. For those of you who are not familiar with the area, the winters are pretty harsh. Extremely cold weather and LOTS of snow. I am considering what to do for my first investmen...
Bud Gaffney
Purchased a 4 unit Multi Family - Rents WAY below Market Value
Hi all,I recently purchased a 4 unit multi family property in Taunton, MA. I bought the property in September 2019. They are all 2 bedroom 1 bath and approx. 1,000 ft2. The units are rented way below market value (It ...
Justin Silverio
Security Deposit vs Last Month's Rent?
I'm new to landlording so please bear with me.
I'm closing on a condo in the next month and I'm not sure if I should collect last month's payment or a security deposit. The condo is in a low income area so I don't...
Will Pritchett
First BRRRR loan falling apart
So our first BRRRR property was moving along great. We paid cash and renovated and received a great appraisal. Lender said my retirement account would count as reserves (since we would spend most of our liquid cash on...
Account Closed
Huntsville Alabama Path of Progress
Good Morning Everyone,I'm interested in purchasing property in the Huntsville Metro. The area looks safe and rent/price ratio is fantastic. Does anyone know where the path of progress is heading in Huntsville and who ...