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8 January 2025 | 8 replies
Answer sure.. have to check if there is a due on sale clause or if you have a PG to the orignal seller.. that mortgage stays in your name unless there is a formal assumption Maybe the example is more challenging for a house as the property.Ex. with vacant land - seller finances to me $20k with 5% down and $1k/moCan I after 1-2 months, then resell the land to a cash buyer for $25k, pay off the original $20k and pocket the $5k?
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17 January 2025 | 12 replies
Generally if people are in town they stay with me till they have to go.Everyone wins.The downside is if you get a bad apple in the house it can and will spoil the entire bunch.
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9 January 2025 | 17 replies
If she wants paid for canceled appointments, then I would suggest you look for a new cleaner.My policy is to keep all funds if the guests cancels within two weeks of their stay, unless I'm able to rent to someone else for the same period/rate.
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17 January 2025 | 9 replies
Time overcomes low cash flow to some degree... rents go up while your mortgage stays the same and your tenant pays down your mortgage.
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14 January 2025 | 5 replies
I have stayed profitable, for now.
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12 January 2025 | 21 replies
I saw dealmachine looks cool but the reviews from others here on BP have not been positive so I have stayed away for time being.
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17 January 2025 | 12 replies
In construction, there is only so much you can do to reduce your margins while staying profitable.
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11 January 2025 | 49 replies
Many people get bored after a week or two and won't want to stay longer as there are hardly any cities and not much happening and there's so much jungle you can look at in a day (it's a great place for quiet retirees).
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9 January 2025 | 2 replies
Believe in yourself and stay the course.
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27 January 2025 | 13 replies
If you're looking to stay in New England, New Hampshire has, by far, the most landlord friendly tenant laws.