I'll try to be as brief as possible.
Cons:
Due to external forces I had to move. I rented my house out for slightly above the going rate $700/mo. however; my mortgage is $750 every month. I owe $90K on a house that ...
BP podcast #185 with Bill Powers has stuck with me since listening to it years ago.Has anyone done this RTO business model he talks about (basically renting with $150/month applied toward purchase price)?Also, has any...
So I have a tenant who is totally taking advantage of this moratorium in Indiana... went from paying rent to serving me the CDC affidavit and havent got a penny since. I am now preparing to evict asap after the morat...
Hello, Everyone,
My name is Gerard Magee. I’m an active duty military member of the Air Force that recently caught the real estate bug after reading several Rich Dad, Poor Dad books as well as Brandon Turner’s Rental...
Good evening folks!I am currently attempting to move into my second househack. However, I have run into an issue. I am locked into a first time homebuyers loan and I either have to refinance or pay it off to get rid o...
I’m a 20 year old guy who wants to start investing in Real Estate and my dream to start with one property with a cost ranging from 100-300k and add more to it over the years but I don’t know how much I need to start b...
Hi! I have some friends / ex coworkers interested in becoming my PML's. (Private money lenders) I am wondering how I should structure the loan though. I would like to see how others that have used PML do it. I would l...
Long story short sister was the first beneficiary she backed out mom approached me to see if my son and I would like to take over once she passed I agreedwe filled out transfer on death deed.. and I filed with county ...
Hello. I am closing on a 3 unit multi-family today and am inheriting 2 tenants (one section 8). I wanted get advice for best practices on for day 1 landlording as this will be my first time being a landlord.Any sugges...
We are marketing some Re-Performing 2nd lien notes for one of our funds we buy from, and I consider any time a note defaults and starts paying as a Re-performing note. They have 18 months of "seasoning" and they say i...