Interesting...I remember seeing something similar not tool long ago but it was about CA from all the wild fires.  

You could also consider selling this property and investing in a state where laws treat landlords better and evictions don't take so long.

What strategies have you found effective for securing long-term rental loans?

Purchase price: $130,000 Cash invested: $33,000 Sale price: $225,000 Contributors: Peter Vekselman We acquired a home on Old Hickory Blvd, Nashville, TN, on 4/12/2024, for $130,000.

Hey All, I wanted to get some advice on how to use other people's money to purchase a long-term rental property. 

Text and verbal agreements are legally binding in Virginia (where the rental is).I really believe she initially intended it to be a year long renewal, as she also remarked she was very happy, as it is only a block walk for her daughter to school.She now has a boyfriend (he hasn’t moved in), and a house they want to move into together, so she is giving notice.She is focusing on the clause in the lease that states: “HOLDING OVER: Any holding over after expiration hereof, with the consent of the Owner, shall be construed as a month to month tenancy in accordance with the terms hereof, as applicable.

Purchase price: $15,400,000 Cash invested: $125,000 128 unit apartment complex located in Dallas, TX.

I also want to cash out refi.

I’m looking for some guidance on my next steps toward achieving financial freedom through real estate.My long-term goal is to acquire enough rental properties to secure my financial future.

- Loan to value (LTV): 80%: Why does the seller care what the LTV is as long as he nets what's expected from the purchase price - Earnest money held by seller's recommended property management company: Do not let the sellers PMC hold your EMD even if the company has a licensed broker.