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24 March 2020 | 4 replies
It will be very hard to find a manger for this unless it's a student property, and even that will have limited choices.
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10 April 2020 | 27 replies
I've found old garages are more of a liability than a good investment in the lower rent areas unless you get lucky and get one that isn't falling over - it will cost more to bring them back to life or replace them than it will ever bring back in rent and therefore, the best choice is to remove them and spend the money on a new parking slab - obviously a property that already has that done is a plus (people use them as storage lockers too, then leave it all for you to clean when they skip out later).
14 March 2020 | 6 replies
This option seems to be more popular with my lender/RE agent as it seems they favor this over the FHA.(5% down, 4.125% 5 ARM, no PMI, $22k funds to close, $2260/mo payments)3: Conventional(15% down, 3.7% 30 yr fixed, PMI $30/mo, $56k funds to close, $2050/mo payments)To me, the FHA option looks the most appealing because it requires so much less down, but I'm not sure if I'm missing something.
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14 April 2020 | 63 replies
I asked this question last week. you have a great tenant.. they suffer income lapse.. you work with them and let them pay what they missed over time.. or do you take the It ain my problem I am no charity stance that is so popular with landlords on BP :) or at least it was last week when it was easy to say that.being here in Vegas this is a reality..
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16 March 2020 | 6 replies
Best to shop around as others have said, look for a bank that prefers commercial landing vs traditional retail in my opinion is a better long term choice.
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18 March 2020 | 10 replies
Absentee Owners have been popular for a long time, and are apparently still somewhat effective (people are still mailing to them) but they are getting multiple offers to buy their home.
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14 March 2020 | 9 replies
That 15k is going entirely towards the price of the house BTW, not points or closing costs (our choice).
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30 November 2020 | 435 replies
NOT BY CHOICE that's for sure.
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2 July 2020 | 13 replies
Otherwise PayPal or Venmo (a transfer app owned by PayPal) are two other popular Safe ways to transfer money.
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7 April 2020 | 5 replies
Cleveland is the market I am most familiar with and it's also very popular with investors across the USA so I figured you'd get some value out of reading The Ultimate Guide to Grading Cleveland Neighborhoods.