
6 September 2024 | 7 replies
Purchase price is 200k loan balance is 155K on mortgage statement but with the HUD loans it would add up to 177k including entry fee that would put PP at 200k Technically they are saying I'm only paying on the 155k the other remaining HUD loan that equal to 24k that is paid 2051 or when refinancing or selling this house

6 September 2024 | 1 reply
Currently, after renovations, we have 2 remaining units to lease.

4 September 2024 | 10 replies
Sometimes tenants want extra TI on new development than is standard so developer gets them to start out at inflated rent.

9 September 2024 | 21 replies
If you want to remain more passive it might also be good to have that PM in place.

7 September 2024 | 7 replies
If you where going to be able to recreate the orginal layout, you would of been able to do so by the clues left behind by remaining framing, be it the "honey" holes where the toliets once where, the sizes of the holes in the joist would indicate what pipes ran where be it hot and cold supply, toliets, showers and other industry standard tell tale clues.

10 September 2024 | 43 replies
"Deep Pockets" Landlord - you need to buy those 50% inflated groceries for your family with less net income.

5 September 2024 | 26 replies
For years, there have been claims that short-term rentals take away housing supply from renters and homebuyers and, as a result, inflate rents and home prices in nearby areas.

4 September 2024 | 1 reply
Basically, Americans are still using their houses as piggy banks, and this just gives them another way of doing that.The argument is that it is too expensive to do a cash-out refinance if you have a 3% fixed primary loan, and this will provide options.What we fail to realize is that equity in one’s home is a hedge against many things like a downturn in the economy, or inflation.

6 September 2024 | 8 replies
Rent collection and expenses can be managed through a separate business bank account under the LLC, even if mortgage payments remain personal.

5 September 2024 | 0 replies
The chimney’s exterior, made of metal tubing, will remain intact.I plan to hire contractors for the entire project.