Susan Clark
Month to month vs year lease or 6m lease
I have property in WESTERN NY. My tenant of one year is asking to go to a mo th to month lease. I know she’s wanting to move. Wht are pros and cons to 1yr leases and month to month. I’m leaning towards a 6months lease...
Toby Russell
Which is better?20% vs 15% down with PMI??
Looking at different lender and most are 20%. Everyone know that but I found one that is 15% down but with PMI Insurrance. How do the numbers workout when PMI is factored in? Which is better
Lane Mcdonald
Use saved cash to pay small debt or invest more?
I feel like the obvious answer to this question is to get rid of the debt, right? but the $7000 to pay off the vehicle will only save me about $600 in interest whereas investing that 7k into another home or renovation...
Rivy S.
Going after money from judgement in Michigan
I had a tenant that missed rent for 2 months. During eviction proceedings, we came up with a settlement that she would pay an extra 200/month until she is caught up. At the time, I had a really lousy management comp...
Ahmed Afifi
Seller Financing with interest
A seller financing deal with 5% interest. The language covers the buyer’s ability to make extra payments or pay off early without penalty. The question is;What are the standards for paying the monthly payment early ...
Josh Mac
Bigger pockets membership
Good morning everyone I hope your having a great Sunday morning.I have been filling my head with knowledge from here,it's really a great source of information and good place to connect with people.I was wondering if a...
Lucas Bubb
How to Manage Out of State or Long Distance Short-Term Rentals?
I am looking to manage my first short term rental in Tobyhanna, PA or the surrounding areas. This location is about an hour and a half from my primary residence. What is the best way to manage this property without ha...
Chris Harkins
What are your Top 5 Complaints/ Hang-ups with Contractors?
1. Out of curiosity, what do you find are your top 5 problems that seem to come up with contractors that you've used? 2. What do you think this problem has cost on projects you've been involved with?
Jim Ying
Should I refi to a 15 or 20yr?
I have a condo in Seattle that used to be my primary residence in a location close to Amazon HQ. I've moved to the 'burbs and have been renting it out for the last 10 years. Here are the key stats:
$550k Zestimate (a...
Ronnie Holbert
Should I pay down rental property?
I have a property that has a cash flow after expenses of $175 a month. My question is should I let that money build up in an account or apply that money to principal on the mortgage?