Tom Ochieng
Inherited tenants questions
Hello. We purchased our first duplex on January 1st. We let the inherited tenants know of the change of ownership and gave them a formal notice to vacate. Our plan is to live in one side and update the other side befo...
Alex Ballas
Best and highest offer on short sale
hi everyoneI have been watching a single family that is listed a 199k for 9 months. It has great potential but is currently a distressed property, owners divorced and walked out. Today it was listed as short sale for ...
Manny K.
Unconditional Quit Notice for other (non-rent) violations?
Dear BP community - I need some guidance on how to properly issue a lease termination notice for multiple/repeated lease and HOA violations - BUT, the rent is paid and HOA has not imposed any fines YET. Tenant has ma...
Kenny Anderson
DC Market
See article below about the DC market.
http://www.nbcwashington.com/news/local/Average-DC-Home-Homes-Skyrocket-22-Percent-in-a-Year-Report-230829271.html?_osource=SocialFlowFB_DCBrand
It will be really ...
Kari D.
Cash out Refi vs heloc?
Advice please!:
My husband and I have a primary residence valued at around 550k with 221k owed @ 3.875%, around 25 years left on the loan. We also have a 100k heloc, with 20k currently used & a 20k HVAC loan tied...
Audrey C.
Can anyone review/analyze/decipher an IGS Solar lease for me?
I am looking to purchase a property to hold as a STR. Small 1,000SF house. House has a 25 year lease with IGS Solar. Ex wife signed the lease. Ex-wife quit claimed the house to husband in the divorce. Not sure any ...
Qais Attarwala
My first rental property!
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $300,000
Cash invested: $10,500
My first investment. A house hack where I live in one unit and rent out the ...
Kenneth Graves
House Hack- Boston Area
My wife and I would like to house hack a Quadplex / Triplex in the Boston area. We look forward to starting our REI journey together, generate passive income, and begin to set ourselves up for the future. We understan...
Thomas Guertin
How often do you raise the rent on Tenants?
I was wondering what other Landlords are doing about raising rents. Do you only raise rents when your costs go up? Do you raise them to be close to market rents? Do you raise them yearly or rarely raise them?I have...
Craig M
wrap mortgage - how would you structure this?
I'm thinking of selling my personal residence on a wrap, but I wanted to see what you thought about these approximate numbers (rounded for simplicity):
$140k sales price
$30k down payment from buyer
$95k owed on my ...