I own a condo out of state and in the past my dad handled most of the communication with the two tenants I have had. The current tenant I've actually never spoken to. He is the perfect tenant, he takes care of the pla...
Hello All, I am hoping to get some advice from the community on dealing with this situation. My wife and I management several home in the STL, MO area. Yesterday I was on site to install a new fire extinguisher in ...
Hi everyone,
I'm looking into my first investment property and would say that I'm definitely a bit nervous, and looking for any advice and/or tips. I'm located in Allentown, PA with plans to move back to NYC. The pr...
Hi again BP! Thanks for all your advice.
I have done one buy and Rent investment. So far, its working out excellent! And I have plans to do more, but have recently been approached by a similar investor who would like...
Hi,I'm renting to a friend, we had a lease when he first moved in back in 2016. I needed the lease in place to buy (get the mortgage on) a bigger place for my family, and he needed a place for his family. I have not h...
I was talking to a guy the other night, after a large group dinner, and he knew about my vacation rental condo business and asked how it was going. He then volunteered that he wanted to get out from under his condo in...
Hey guys.I've been in the business for about 7+ years - and am looking at trying something new for water bills with my tenants.The best thing is with the City of Detroit. They have a water affidavit that puts the wate...
Can anyone recommend a local credit union that does HELOC's with attractive rates up to 80% LTV, and will underwrite HELOCs on investment property as well as primary residence?Thanks!
I just sold a property and have the funds with an intermediary. The title of the property was under my personal name. If I purchase the exchanged property under a LLC, which I'm the sole owner of, will that cause an...
Hi all, I just wanted to share my thoughts and start a conversation on this subject.
In Hudson County New Jersey the average appreciation for the last 5 years has been around 3%, you could see houses for around 350k ...