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I have been watching some podcasts concerning impending implementation of Dodd Frank law as it pertains to Lease Optioning. I am very concerned as to how to proceed Renting to Own for my homes in a way that is aafe. A...
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TSP is the Feds 401K. I have been considering taking a loan out to purchase a rental property free and clear. The problem is loan repayment term is 5 years, which pretty much kills any cash flow. The interest rate is ...
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It has been almost 10 yrs since the last recession started. Many of us have not been through a downturn. Can some more experienced members tell us what to expect if we own notes and give suggestions on recession-pro...
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Hi, this is my first time posting on the forum, hopefully someone can help me with my situation. I live in an owner occupied duplex that I purchased with an FHA loan. I live in one side, and I rent the other side out....
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Hello everyone, I am a new landlord with little experience and wanted to get some insight on a rent increase I am planning on my rental home. It hast been 2 yrs since the tenant moved in and assuming they want to sing...
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In 2005 my oldest brother asked me how my house sale was going. I mentioned it went under contract in three days and we were making $125,000 profit. I was in the military and would be considered lower middle-income at...
Hi All,
I need some perspective because I am fuming and I want to make the right decision.
The Backstory: We have had a basement waterproofing company who was awful. They did both my house and a rental we have tha...
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I’m getting ready to buy my first rental property within the next 2-3 months . I have 13k saved up and I intend to use an FHA loan.The multi family properties in my area are about 300,000+ for a 2/1 duplex . I found ...
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Hello folks, this is my first post and I would really appreciate some thoughts on my situation... I could probably write a novel on the backstory, but I will do my best to stick to the relevant information...I own a ...
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This has been an ongoing issue since the beginning and I'm learning the hard way to screen tenants properly. A family began to rent our newly built house in June and after about a month, the wife had been diagnosed wi...