I rarely ever see anyone talk about amortization. So I'm trying to figure out how I should be thinking about this. In the first years of a loan you pick away at the principal very slowly. Is it worthwhile to use c...
I live in the top floor of a duplex, and had a gentleman stop by today asking to rent the bottom unit. He stated that he and his family are illegal immigrants, but have decent jobs and enough income to meet a portion ...
I am going to be a first time landlord. We currently reside in the home that is our to be rental. We plan on purchasing a new washer and dryer for our new residence.The current washer and dryer are old and probably ar...
Hello - i'm trying to decide whether to allow pets or to not allow pets in my STR. I see the benefit of allowing pets is that it allows you to open up your property to a much wider pool of guests and possibly also i...
We have received a rental application from a couple who probably would meet our financial rental criteria but they have listed that another family will be living with them. They are US citizens and will be sponsoring ...
Hi all.First let me introduce myself.My name is Victor, I have been living in the Austin area for 10 years now, originally from Spain.I bought my first home in Austin in 2009, and sold it for a good profit in 2013, wh...
Hello BP,I have years of experience wholesaling properties for investors to flip or rent. They usually use hard money or cash to purchase their homes. I am now under contract to buy my first home where I will be livin...
Hey everyone I’m working on a house flip and ran short of money. I paid cash for the house (approximately $15,000) and then took out a loan from my bank for $20,000. The ARV is $75,000. We ran into some unforeseen t...
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I am new to this forum so let me tell you a little bit about my self before i get started. I am 23 years old and a Canadian citizen, currently living abroad doing a 6 month management hospitality training. ...