I have investor friends in LA area offering temporary free housing.

Appreciate any advice at all.Things to note: I have a well qualified plumber tenant for the bigger under house garage already.

First when I wanted to create a fund to buy court house steps..

This was a great way to keep the home in the family and avoid the house going into tax foreclosure.

.📈 Interest Rates UpdateMortgage rates remained steady above 7% this week.For context:2017–2021 rates: 3.65%–4.87%Pre-pandemic average: 4.16%While today’s rates are higher, Las Vegas home prices continue to rise.

If the property is vacant, you will attract a larger pool of buyers as not everyone looking for a house wants to use it as a rental.

Hi Meghan,   My wife and I live in Coon Rapids, but have 2 rental houses in Duluth that we rent to college students.

If I were in your and/or your mother-in-laws shoes, I would go to a local bank and use the free and clear house to secure a $150K+ line of credit. 

But, you still own house and benefits are as follows.1. tax benefits2. principal payoff on your note.3.

I have a confession: my only duplex, which I gave owned now for 2 years and recently moved out of from a house hack, has proven to cost me more to maintain/pay taxes/repair/fix etc to the point where my cash flow is close to zero.