That doesn’t even begin to touch on the other options; notes, syndications, trailer parks, self-storage, industrial units, retail..It can get overwhelming.

My thought is that if there is a lease in effect, the new owner would not be able to raise the rent until the lease ends.

It sounds like the tenants have already self-selected that building, so it may not be feasible to change tenant type now.

Hi everyone, I have invested in NPLs and have a self built ROI calculator.

Mine is in the mid-600's and I'm self-employed, so I figured it's just easier to put her name on everything to get the lowest interest rate for the investment.Turns out I can't gift the funds to my wife for the Down Payment?

My gut tells me to send her a letter next month explaining the situation and propose a $200/month rent increase effective Jan 1st, 2019.

What has been the most cost effective way to capture seller leads (especially anyone in Socal)?

What has been the most cost effective way to capture seller leads (especially anyone in Socal)?

I had exactly the same situation few years back with my tenant in folsom. made  us pay for hotel stay in marriott when hvac went out . i was self managing and he was far away so agreed as he had a 2 yr kid but they remained a pain. later i decided to get a PM and got them vacated right away. no tenant issues since. 

Because the changes couldn't be approved, we weren't able to satisfy the self-sufficiency FHA requirement for a 3-unit property.