Will Quinn
New California Landlord Truckee Area
14 November 2024 | 5 replies
If you're unsure when you'll be moving, a ski-lease or mid-term lease might be an option.Truckee (City) has regulations on short-term rentals and a waiting list for permits.
Larry Nielsen
Raising Rent on Newly Acquired Property
14 November 2024 | 21 replies
You buy the property, you give the tenant notice of a pending increase, they pack up and leave, then you spruce it up and rent it at market rate so it's a profitable investment.When egg prices double, do you think the local grocer cries in his coffee every morning about how inflation is impacting his customers?
Brandon Morgan
How can an Owner-Occupied single family home be an investment?
5 November 2024 | 15 replies
You can buy a single family home, live in it for a year, then rent it out afterwards, and that would effectively be an investment property after you moved out, but you also got the more beneficial terms of it being a primary residence loan.You could buy a single family home and rent out bedrooms while you are living there, and that would effectively be an investment property, but again, you have the more beneficial terms of a primary residence loan.I wouldn't get caught up so much on if a property you buy is an investment immediately so much as I would focus on what your goals are and how each purchase would be step towards your goals, whether that is house hacking or just buying investment properties you don't live in.
Brian Kempler
DSCR refinance loan against a property leased on a lease option
17 November 2024 | 8 replies
@Brian KemplerI haven't had a lender reject a lease due to this specifically, but the tenant purchase option would be an exit option.
Katie Nolan
Landlord Oregon Laws
11 November 2024 | 12 replies
Always happy to chat more about it.Feel like grabbing a virtual coffee sometime?
Mitchell Gunlock
Land with ADUs
13 November 2024 | 8 replies
If he was building it today, the parking would likely not be an issue.
Chris Williams
Deal Going Sour
15 November 2024 | 18 replies
And you can start small, buy an old camper, cut a big window, spray paint it black and brown, add some wood trim and sell coffee outside events.
Reggie Parker
Best SMS platforms?
14 November 2024 | 5 replies
You need to learn to be an expert in some source of stress at finding, filtering for (a data source tool like propstream.com) or buying from a data vender who is good.
Noah Schulz
Seller asking for November rent from tenant after closing
15 November 2024 | 5 replies
If we were to do this, they would net $300, and us $900 for the month since we closed on the 6th, meaning it would be an equal split.
Kevin Lorick
My property manager deposits rent into his account before paying me, is this normal?
15 November 2024 | 13 replies
Would be an extra step to bill you fees otherwise.