Does anyone use biweekly rent payment schedule for tenants? We are inheriting some tenants that have historically had some difficulty paying. They have been long-term tenants, and the prior landlord was apparently c...
So I was thinking of re-financing. I have a 30yr fixed and was thinking about 15yr fixed because of the lower rates. The difference on conforming (417k) is about .75%.My monthly payment with 30 yr fixed was 2082 (4.37...
My tenants ask me if it is ok to have her parents move in for about two.months. The parents are in the process of purchasing a house, and there is a gap. What do I need to do if I allow them stay for two months? Can I...
I have a house that's under contract. I'm buying it at $150,850 (motivated seller) and 4 years ago it sold for $187,500. It is in the same shape as before.The appraisal came in at $155,000 and will cause me more than ...
Hi everyone, I just wanted to get some feedback on a pet policy I will be implementing for a rental property. The tenants have been living there for a year, and have been great tenants. They agreed to sign on for an...
Hello All, Any strategies on how to approach making additional payments towards rental property mortgage? Monthly extra payments?Lump sum payments once a year?Start a high yield savings account, CD, money market and u...
Hi all! I have one town home I am currently living in and hoping to rent beginning in 2023! (hoping to do a mid-term rental, furnished, focusing on professionals/traveling nurses). I know I need to get a credit card a...
Are you tired of hearing about how you need to put down 20% on a house to avoid pesky Private Mortgage Insurance (PMI)? Yeah, me too. I mean, who has that kind of cash just lying around these days?
But here's the t...
I would just like to say a quick hello! I look forward to learning a lot on this website, as well as chipping in some help if I can! I do have one question right off the bat. I am 25 years old, married with a young d...
Hello,
So I have this couple, their mother, and their new baby living on the first floor of my building. They mentioned to me that they have a church group over on sunday's. That I'm all fine with. What I'm star...