Scott B.
Paying Mortgage Early or Not
I was having a conversation with another military member and decided it was better to move it here for more to chime in, so his question was...@Ed Yadao "I am 4 years from retirement and I have saved enough to pay off...
Will F.
Commercial office loan- Matured, renew? Prepay indemnity etc
Hi guys, I'm redoing a commercial loan for an office building in LA. Last loan just matured we're thinking of staying with the same bankThese are the terms, options and rate:10 year 15 year amortizationNo points or m...
Edward R.
Ways to finance: buying empty home from family member free/clear.. easy finance optio
Hi! This is a 4thhome I'm buying; kept two others and do STR. My sister is looking to unload our childhood home that she inherited 7 years ago. she had it rented out (kind of) and because she's living out of town a...
Patricia C.
Cold feet purchasing 2nd property
Hi all- I would like some advice.
I found a nice condo. 2 bedroom, 1.5 baths in Norwalk CT. Listing price was $350k, but I offered $380k and they accepted. It needs work to be done but overtime, I am comfortable with...
Brandon Schlichter
Penalty/fee schedule for tenants?
This year we've had a few problems with houses falling in disrepair due to tenant neglect. This is of course our fault for not strictly enforcing regular inspections. However, up to this point, our leases have had jus...
Richard Viers
This Man owns the Vanderbilt Mtg. Company
Warren Buffett, in a recent interview with CNBC, offers one of the best quotes about the debt ceiling:
"I could end the deficit in 5 minutes," he told CNBC. "You just
pass a law that says that anytime there ...
Leon Henry
Evaluating a 4 family purchase ( looking for advice)
Looking to purchase my first 4 family home hoping for some residual income. I 'm a little scared because my first and only other multifamily purchase was a duplex and a bad investment that, however I have found ways t...
Phil Chapman
Appartment Complex Parking Assisgnment and Limits
I can't believe I am having to post about this issue, but here goes. I bought a 24-unit apartment complex back in June which came with 24 sets of inherited tenants. In one of the 6 buildings, there is this one tenan...
Bryce Henson
Idaho Resort Town BnB
Investment Info:
Townhouse buy & hold investment.
Purchase price: $350,000
Cash invested: $36,000
This is a townhouse that my wife and I purchased this year. We put down a 10,000 deposit in Sept....
Bob Romano
Should I increase rent?
I have a tenant who is coming up on her 3rd renewal in July. I have not raised her rent in 3 years because she has never been late and I very rarely hear from her. I am thinking of raising her rent 3% to cover the inc...