(water is your worst enemy outside of vacancy)A: "funny you ask, as you can see the wall is patched but not finished or painted from a leak that happened upstairs, it's been that way for... 6-7 months."

Further more, some back of the napkin math at an avg of $1500 per month per property is:$1500 x 12 x 5 = $90,000.

You can either make your new lease expire at the same time as their old lease - so you can modify your rental rate then; or you can bake a new rental rate into your lease at the time their old lease would have expired - so something like "Through X date your rental rate is the old rate, and beginning the next month your new lease rate is X $ more.All the best!

If you got a $200,000 mortgage six years ago, your monthly payment is around $1,000.

In person its a place I could see maybe doing an investment or two in but its not where I really want to set up shop (I mean that literally; set up a home and also set up a wood shop - so I can build custom cabinets and stuff).If Santa Cruz, CA ever goes on sale then I'll go there and suck it up with CA laws and cost of living, but for the foreseeable future it is not even a remotely viable option; I looked at a fourplex there generating $10k in monthly income and priced at $2,700,000. 

I have a guest house that my sister is currently occupying but will be moving out in the next few months.

I could cash flow $300/month at the rent I'm asking for on Marketplace (I listed it higher than I thought I'd be able to get).

I’m the meantime I was able to find a new tenant who has paid the security deposit, first month rent, and has scheduled utilities to be transferred to their name but no lease has been signed yet.

Hi there, I'm curious if anyone knows of lenders that would let me perform a cashout refi without a seasoning period for me to be on title for 6 months. 

I recently took over the management of the rentals and a couple of months later the tenants in one of my units decided to move out.