Tenant informed me of mold issues and I put him up in a hotel room immediately and took care of the problem. Took about 2 weeks from start to finish. The mold was caused by the AC unit which leaked water. Tenant di...
I am in college and have been interested in eventually getting into rental properties after college. But after reading some more books on the topic I have been thinking about trying to buy a house and rent to the peo...
Hi All,Newbie here. My wife and I are currently in negotiations on 4 unit in Gardena. Would any of you all have any trusted insurance agencies I could reach out to for quotes? I'm unfamiliar with what would be con...
Like I stated I have purchased a house (condo) while in the military. I am getting out in 7 months and I'm not sure if I should sell or keep it for value. Any advice is appreciated.
The numbers are as follows. I pur...
Hi there,A few years back I had a borrower default on a HML. He stopped paying interest to me and instead rented out the property and pocketed the rent. After threats of litigation, he finally signed a QCD and assignm...
I got one rental property and it was a turn key and it's producing a good cash flow. Recently I found a property for a good deal and that needs some fixing with the flooring. It's in a very good area that rents fast. ...
3 year Loan 33 months remaining. Payment of -$950.67 per month with UPB of $29000. Getting the note at a discounted price of $23000.When i calculate my returns on a financial calculator, which one should be my PV ? (U...
I am located in IL and this is for a residential property. I was engaged in a real estate deal that recently fell through. I have attempted to send earnest money as a buyer to the title company twice and the sellers a...
My name is Kenny and i’m 21 years old. I’ve always been a money-knowledgeable young man; credit (760 score), stocks, roth ira, 401k, etc. My next goal is to get my first rental property before i turn 24. I just starte...
Hello BP. I am a new investor residing in Baltimore, Md and currently learning the wholesale aspect. I am also in the process of getting my RE license where i plan to be an investors friendly agent and work that niche...