Long-term rentals are much more difficult today, but that doesn't mean they are dead.

I understand that the foreclosure process may not last that long. 

For those who have tried Airbnb long term rentals (typical more than a month), how do you factor in the utility bills?

We are looking to buy multifamily properties and get away from long term single family rental houses.

This will be a long term rental that we plan to keep for many years. 

Good day everyone! I’m back at it again! Some previous deals I shared came out to be complete duds! But this time, I thought I’d share a deal that, if everything executes to near perfection, would signal a victoriousl...

yes 700k loan 20% down = 140k to do the deal with those guys.. dont send them 50k deposit though for gosh sakes.. only money they should charge up front will be apprasial and maybe a few hundred for an app fee if that,  Keep mind as well with hml or pml or ANY loan you dont have 100k equity the majority of that will be eaten up in points  Junk fees and interest depending on how long you hold it..

However, if you as the owner are moving in, that would be a valid reason, so long as you give them ample notice time -- 60 or 90 days I think, depending on how long they've occupied.As for the other tenants, if this is their first lease term and they've lived there for less than a year, you can simply give them a non-renewal 60 days in advance of the end of their lease. 

@Levi Collins: As long as the tax deed clears title process, that should not be an issue.

How long have you been trying to contact your buyer's agent?