Investment Info:Single-family residence buy & hold investment.

While a lot of investors are trying really hard to capitalize off of our influx of high income earning new residence and the fact that we are home to the most million and centimillionaires ($100M+) the market doesn’t call for all properties to be fully renovated.

Investment Info:Single-family residence buy & hold investment.

We own our primary residency in Spokane, Washington and frequently drive to Portland, Oregon to work on our rental property that has needed a lot of work. 

Use this as an opportunity to show good will to your tenants while simultaneously inspecting how they are caring for the rental.

However, it's important to carefully evaluate the terms and costs associated with refinancing before making a decision.Ultimately, it's important to act quickly and decisively to address this issue before the next payment is due.

Also consider that the entire state has a relocation fee = 1 month rent, if the tenant has resided for more than 12 months and you have 5 or more properties (including your personal residence, and any property owned outside of Oregon as well).

Just be careful and make sure you protect your lender.

When I start running a business with lots of additional cars coming in, I crowd out the residents, imposing a cost on them, even if all of my guests are lawfully and properly parking their cars. case in point- noise.

Hey Kenny just noticed your question regarding investment property vs home residence loan first.