Hi All,New Member, Always wanted to invest or start to invest in a rental property, Hoping to learn from like mind individuals, Thank you all!

Get as much understanding and disclosure as possible on the closing fees and escrows that will show up on the settlement statement - including stuff like prepaid interest ("stub interest"), tand and insurance escrow holdbacks, etc - biggest pitfalls we've seen are people not 1000% clear and aware of these things then getting very negatively surprised at the day of signing 

,This situation might be very specific but I am needing help solving this issue.I have someone who would like to sell me their Airbnb House they currently have it under a VA Loan with the Local housing authority. it is assumable but would require me to put more down and would limit their use of the VA Loan until i refinance out of it.the Local Housing authority has been calling mortgages due to anyone they find that are owner financing homes while still having an active mortgage from them on. 

Mitigation Strategy: Investors should evaluate the long-term appreciation potential of properties in rent-controlled areas, considering factors like location and market demand. 3.

It doesn’t look like she will be able to pay her rent.  

The retailer previously announced plans to shut up to 315 locations.Big Lots joins several other retailers, like LL Flooring and 99 Cents Only, in filing for bankruptcy as the industry grapples with inflation and changing consumer habits.

Feel free you reach out if you would like to connect. 

We're using Digb and like them. 

@Rob Chopra it likely may depend on the work that is required to make it ready for the next tenant.

I don't know where people like to get cabins or lake homes to rent here or if that's even a thing.