I already have some equity in the property after doing a complete rehab but I don't want to diminish my returns selling it after one year, paying for commissions/closing costs.

Renting to Section 8 Long-Term TenantPurchase Price = $250,000Renovation Cost =$3,800Appraised Value = $270,000Monthly Rental To Section 8 Tenant = $2,800Monthly Mortgage Payment = $2,100Monthly Reserve for Maintenance and CapEx = $200Monthly Cash-flow = $500Another investment property was closed and added to my rental portfolio.

They are requesting to go month to month at the end of the lease term, I am okay with allowing them to do so with a slight increase in the monthly rent (My current lease does have an automatic renewal clause that would be month to month if no termination notice is received by end of the lease term, I just need an addendum to increase the rent amount).

It’s a great way to get started in real estate and will offset your living costs when you do move out on your own.

He holds them in trust and cannot take ownership of them until a future event has occurred: A charge related to the tenants' leases for breach or excessive wear and tear, etc.No credit, no physical transfer, no closing.

With record low inventory and sales transactions there's no low hanging fruit.In this market we think the best opportunities are value-add (BRRRR'ish), zoning changes allowing density (ADUs), or seller financing deals (buy a lower rate).

For calculating IRR, use the total cost of acquisition—this would be the mortgage balance plus the 50% buyout equity and any closing costs.Regarding refinancing, assuming the loan under the Garn-St.

Quote from @Garrett Brown: If your Airbnb listing isn’t getting clicks, it doesn’t matter how incredible your property is—no clicks mean no bookings.

A deal that’s “close” but not quite right can still cost you big.

It frustrates me when people say, "there are no good deals" or, "can you send me a good deal" but never define it. - What price point can you afford?