So I am still considering starting more AirBnBs in my town (Bloomington, IN) and was wondering what you guys think will happen to rents from AirBnBs when/if a recession was to hit. I know AirBnB was started during a r...
Hello,
I bought a multi-unit property in August 2012. The ex-owner of the property signed a 5 year leasing contract with Coinmach for washer & dryer which I'm not aware. The contract will end in 2015. I don't wa...
Looking for feedback on my first real estate deal. I am planning to build an 800 sqft. loft apartment over my free-standing garage (at my primary residence) and turn it into a short-term rental marketed through AirBn...
I am moving out of a home that was my primary residence, and it is becoming a rental. the mortgage is currently in my name. This will be my first rental. Should I set up a land trust then put the beneficiary as an LL...
I am negotiating a billboard lease. I want to structure the lease to best facilitate a loan against the lease's income. I'm considering a 75-year lease with annual payments, escalators and perhaps revenue-sharing. Doe...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $240,000
Cash invested: $37,000
My wife and I used a renovation loan on our first home. Our gut rehab added 2 ful...
i recently got Permanent residency in Canada and my household income is 166k CAD (mine 85k CAD and spouse 81k CAD per annul). Currently i am staying in basement rental(1700 CAD) with my husband. CIBC bank pre-approved...
While I am not surprised rates were cut to zero - bank reserves were also cut to zero as well. For those that are not familiar with lending, a major component to the crisis a decade ago was banks had to liquidate asse...
Hi! My husband and I are about to close on our first two investment properties in FL. One will be a BRRRR and the other is a flip. We have a HELOC for the BRRRR and an investment loan for the flip. Both are under cont...
So excited to have my first property under contract! I posted a couple months ago about a duplex I was examining and decided to stick with a SFH in the Tacoma area. The property I found is a short sale and is in ban...