My wife and I had been interested in purchasing a rental property for about a year with the intent of making this a business. She's a teacher, I'm an engineer and we have little faith in the future of Social Security ...
I met a wholesaler in my area last week,he had what I thought was a good deal on a house until I had a preliminary title search done and found out the house had lots of liens and back taxes on it.Would any member of b...
Hello to everyoneIs anyone familiar with DST? Has anyone used it in the past or currently and which sponsor been used and how has the outcome and experience been?I am in the process of selling few of my rentals and d...
How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
I hate everything about the phrase "house hacking". EVERYTHING! The term "house hacking', in my opinion, is derived from the internet culture of hackers; hackers hack websites in order to gain unfair advantages. The s...
I always thought that when you transfer title, you trigger the due-in-sale clause in a traditional mortgage.I see questions time and again from investors who want to transfer ownership of their residential property pu...
Hi all,First I have to say, finding this Forum has been a life changing experience for me and I'm just so excited so my apologies if I'm asking lots of questions. I inherited a tenant who has been getting their rent ...
Hello all,I have a prospective tenant applying for a 6 month lease at my 1b1b studio rental unit. She is an older woman that says she is going through a divorce and wants to move to my town so she can be close to her...