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18 May 2024 | 9 replies
Is it normal for the lender to stop paying the property tax?
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22 May 2024 | 2 replies
If you make this a balloon payment in say 5 years, you've helped your cashflow, and you can refinance to pay out the balance of the 2nd mtg.I do have to ask though - you seem quite emotionally invested at this point - what are average house prices in this neighbourhood?
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21 May 2024 | 1 reply
These days what you would pay a plumber isn't that much different than you would pay a project manager.
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22 May 2024 | 14 replies
You could refer the person to the state attorneys office because they knowingly had no intention of paying rent (or security) in that case.You may want to stay away from credit card payments since there can be a dispute by the renter for up to 6 months.
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22 May 2024 | 18 replies
I agree with paying attention to the DB but sometimes you will have limited options.
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21 May 2024 | 58 replies
Sometimes we pay to get the news.
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21 May 2024 | 12 replies
I checked the lease created through Zillow that does not show up any option for reletting but what I am aware (done it few times when one of my other property was managed by a property manager) is tenant could pay reletting fees (typically one month rental) that allows property to be re-listed.
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21 May 2024 | 3 replies
If you are skimping on the buy, you will have a property that needs a lot of maintenance and it's clear you don't want to pay for it.
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22 May 2024 | 5 replies
@Kelvin HeSome things to consider:Transfer Taxes: Some jurisdictions impose transfer taxes when property ownership changes, even if it's to an LLC you own.Due-on-Sale Clause: Check your current mortgage agreement for a due-on-sale clause, which might require you to pay off the mortgage if the property is transferred to an LLC.
21 May 2024 | 10 replies
For 30 years it’s been a never-ending supply of tenants who are almost never home and always pay on time.Why would I want to get out?