Hi Everyone! I have a MTR that I list on both, Airbnb and Furnished Finder. My current tenant moves out at the end of April, I've been getting several Airbnb requests that start in June, & I've been declining them...
I have several short term rentals with positive cash flow well over the mortgage payment. When I go to purchase a primary residence on a conventional loan, my DTI ratio is too high because the bank won’t count the sho...
Curious as to how BRRRR impacts property taxes upon completion of a rehab and refi. To clarify my question:Property is bought at $50,000 with a tax value of $60,000. Upon a successful rehab and forced appreciation, th...
My insurance just went up by 2K, since my tenants in my "C" class building dont have renters insurance. I got my renewal this month and I renewed my leases this past April. I am thinking next year do I raise according...
All,
Curious how SB23-184 impacts screening and verification of income. There is quite a bit to this law, notably: (c) IF A LANDLORD USES FINANCIAL INFORMATION, INCLUDINGRENTAL HISTORY OR CREDIT HISTORY, AS A CRITERI...
Hello everybody,I plan to buy my first MF in October. I went to lender to see what can I be qualified for.He asked me to provide him my 2 years tax returns, DOB and SSN# and he wants to make a hard pull to see what ...
Hi all - I'm in an area with HOA and one of the residents wants to amend the HOA documents to limit the number of homes which can be rented out. He indicated that the number of rentals in an area can make the area "hi...
I live in a suburb of Sacramento where the median list price is around 780k. We currently own a home values at 950k. The loan balance remaining on this house is 70k. We have been thinking about upgrading to a bigger h...
If I paid off my mortgage and now need to move the property from my personal name to LLC (owned by me only) will I lose the credit history that I built as the result of paying off my property mortgage?
Hey BP family! I was wondering if anyone has experience with a rental property that has a solar energy system (with battery storage and net metering). I'm curious as to if it's feasible to offset the electricity porti...