Ayodeji Kuponiyi
Giving Gratitude = Receiving Great ROI
As Christmas draws near, I realized after completing my Christmas shopping that I didn't get something for my tenants. It goes without saying that without tenants, owning properties is meaningless. I have great tenant...
Lucas Hammer
Second Mortgage for Rental Property?
So I'm looking to buy a house out of town and was hoping to use a second-home loan to get a lower than 20% down payment. We'd also like to rent it out with a property manager for the first year while it builds up equi...
Sage Jankowitz
Friend's first two family
So I just went to dinner with an old friend of mine and he mentioned that he just got his first investment property under contract. It's a two family in a pretty nice area of town. He's having the inspection this week...
Robert Nason
Landlords financing Tenants Christmas
I have 22 apartments all with respectful tenants Who for the most part pay their rent on time and take good care of their units. But It happens every time Christmas rolls around. I start getting calls asking if they c...
Heather U.
gift to your Property Manager
Weird question and not sure where to post. Because of the holidays I got wondering for those of you with Property Managers, do you send a gift to your PM and if so, what??? I have a great PM and usually send a Christ...
Brian G.
Purchased a house at a discount. I want to resell to end buyer
Recently purchased a home at a discount. I want to clean it up and sell to an end buyer needing a mortgage for a greater amount than I purchased it. The new purchase price for the end buyer will be in line with the cu...
Wade Sikkink
$200k in equity in 3 years!
Just wanted to share some good news we received today. Three years ago we purchased a 14 unit apartment building with 100% financing (how we did that is a topic for another post). We're currently in the midst of ref...
Erica France
Holiday gift ideas for tenants
For those of you who practice holiday gift-giving to tenants, what ideas do you have for a gift? To start:Gift card to a neighborhood restaurant or coffee shopA book (about what?)Gift card to an airline (e.g. my tenan...
Kris Haskins
Bank sells loan during short sale negotiation
Merry Christmas bp. Does anybody have any experience with negotiating a short sale and the lender sells or transfers the loan to another bank? We had almost finished negotiating the deal with ocwen last week then the...
Andrea Castor
Property #5 (Buy and Hold)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $83,600
Cash invested: $30,000
3 bedroom, 1.5 bathroom brick ranch 1201 sq ft
What made you interested in ...