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16 April 2019 | 8 replies
For now, it’s supposed to be all interest.
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2 May 2019 | 18 replies
I suppose you lose your Superhost status but I guess you can at least start over?
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16 April 2019 | 4 replies
Pros and cons of SFRs and MFs (from my perspective) are as follows:SFR Pros: Less turnover, tenants take care of yard/lawn, more easily able to bill back for water/sewer, easier exit path possible by targeting owner-occupants down the roadSFR Cons: Turnover means you have zero cash flow coming from the property, and one problem tenant can cause you to have many months of zero cash flow coming from the propertyMF Pros: More revenue sources (multiple units) so even if you have a turnover you still have some revenue coming in typically, more likely to hear about problems (e.g. tenants love to tell on each other, so if there's someone with a dog who is not supposed to have a dog you will likely hear about it from another tenant)MF Cons: Typically LL takes care of yard/lawn, often a single water meter so no bill-back possible, greater turnover (though in my one duplex, one of the tenants has been there 10+ years and the other 3+ years), less appealing (though not entirely unappealing) to owner-occupants if you are seeking an exit path eventually
1 May 2019 | 5 replies
This was literally a last minute request from the realtor who reached out to the FD to remove it though I know this is only an issue with their lender (supposedly).
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24 April 2019 | 7 replies
They even had to put a sump pump.The crawlspace was supposedly sealed, vented & insulated.
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19 April 2019 | 0 replies
The main aspect that interests me (for the time being) is wholesaling.Yes, I understand that every new person claims they want to do wholesaling because of the supposed lack of monetary investment.
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21 April 2019 | 36 replies
Why are you paying points down to lower interest rate when that is supposed to be paid by tenants?
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23 April 2019 | 3 replies
I fell for this scam artist's proposal and invested $35,000 for a supposed fix and flip in NJ.
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20 April 2019 | 6 replies
In a few months, I suppose a “Welcome to Seattle” will be in order!