Account Closed
Tenants want to stay, but new tenants already paid deposit.
In Portland, we must give 90 days notice to change rent/terms or renew lease. Tenants' lease ends May 31. March 1, I offered to renew lease for June 1, no rent increase. March 30, they emailed that they didn't want to...
Stephanie Jamgochian
Tenant Requested Lowered Rent AND a Dog
I own a "B+" SFR in a HCOL university town with vacancy rates under 3%. I've owned this unit for the last 2.5 years and have had three turnovers since (first tenant broke lease after 5 months due to job loss and the...
Alma Mills
Suggested private money interest rates?
What do you think are reasonable rates and terms to charge private lenders I know. Giving them 1st position on a property where they will be lending no more than 70% of the ARV.
Steven Frey
Extra money - focus on 1 of 5 mortgages or a little for each.
I have a few properties and positive cash flow. I was trying to decide if I should try to 1) focus on paying off one mortgage or 2) spread a little to each loan. I have a long term perspective on them all. I have a ...
Clayton Crawford
Once again, i disagree with my broker. need some advice
About two months ago my Real Estate Broker offered me a condo before it was put on the market. I declined the offer because the price was too close to market value. I'm looking for buy and hold properties and i want t...
Andrew Swart
Things to look for in a mortgage lender/broker
In my limited experience, lenders predominately offer the same thing (though I could be wrong about that). What would you recommend looking out for (characteristics, credentials, etc. they should or shouldn't have)? I...
Peter Mikhjian
Duplex Investment Property Evaluation - Looking for feedback
Hi everyone, i'm just about to close on a duplex investment property i've been looking at for a few weeks and I wanted to get some feedback on what everyone thinks, here are the details:Property: Duplex, both sides ar...