My problem i is my market is super expensive if I stay in the nyc area and I don’t have the confidence since I don’t have any actual experience to invest out of state do you guys think paying off my mortgage would be more beneficial than looking for more rentals .

to pay my sister who would then gift me the down payment via check or wire transfer.

If it's a strong return, then it may be worth paying off and keeping.3.

As weeks go on, why would a tenant ever pay if there’s no threat of eviction?

Why not just sell it and get a cheap car, pay cash?

I took on some debt to prep the property and hope to pay it off this summer—our peak season with lots of river and swimming traffic.It’s a 3-bedroom that currently sleeps 6 (king, queen, and a queen sofa bed).

Any idea how to get principal pay down in a custom report?

You may pay $500 in the summer and $1000 in the winter.

These tenants ahve all of the signs of never paying you or paying a little as their balance continues to rise.

Do I have to pay tax on the money I pay back to the bank (the $50,000?)