I have several buy & hold properties. I am not a professional in any real estate area, learning as I go. I have enough properties that I need to become more organized on records keeping and overall management. I s...
house selling 120,000I offered 1150,000 seller pay 5% closing costMy down payment 12000FHA 4.5% fixedConventional 4.72%House value 145,000Which loan should I do my plans are to live here maybe 3 years while upgrading ...
I've recently reached my savings goal and am ready to purchase a property in the near future. I currently have funds saved up for a 5% down payment, closing costs, and some small repairs right out of the gate. These a...
Hi BPs. Please help. I have a friend who just receive the trustee notice that his home is going to be auction 6-25. He did not paid mortgage for more than 6 months and during this time he trusted 1 of those loan mo...
I posted here a few months ago about a rooming house I purchased. I recently completed the repairs needed to get a certificate of occupancy and it's now ready to rent. My place has 6 rooms and a two bedroom apartmen...
Hello
This one a the first time I am going to renew a tenant lease. Can I just do an addendum to the original lease stating all terms remain the same or should I do another whole lease contract ?
Thx
What's the best way to handle lease renewals?
I've been doing this landlord thing for 12 years now, but I'm just not happy with the way lease renewal time plays out.
FYI, My NC rental agreements are all month-to-mon...
I have a property that has incurred a lot of expenses this past year, and the current tenant’s lease is coming up for another year. I know there are no hard and fast rules, but what percentage of rent increase would ...
I gave my tenant oral notice yesterday (April 12) that I need the apartment after his lease (expires July 1) is up. So it is basically a 78 day notice. Tenant basically replies with I should have told him sooner and t...
Hi friends, was wondering if anybody here built a simple Excel to do back of the envelope on a house hacking investment? including all the basic elements that drive value, e.g., - reduction in tax liability on rental ...