Hello all,
I am a newbie to this site, and wanted some guidance as I navigate potentially buying a 1-1.25 million rental SFH property. Here's my situation:1. Paid off primary SF home in the bay area
2. 1 rental cond...
I have a tenant who is claiming Covid assistance, and my PM has filed with CERA and we are just waiting for payment. My PM has reached out to their office as we are told a "check" will be sent or we cna possible come...
We have had some problems recently relying on tenant credit score, background checks and rent to income ratios as the main criteria for select tenants. I'm interested to hear if anyone has any thoughts on what other f...
In reading my 1993 fixed/adjustable mortgage note (5/1) I have the standard paragraph 11 "Uniform Secured Note" statement that can trigger a "due on sale" clause. It reads "If all or any part of the property or any in...
I have a property in the city of San Diego (92116 zip code). I have a tenant that has not paid August rent. Rent was due August 1st ($2750), and per my lease is late the day after. I acquired the property in mid Jul...
So folks I just bought my first multi-family. It's a 3 unit, but has an odd utility setup. It has 2 furnaces and 2 water heaters and an odd set up. So Apartment A is on its own system and they pay everything themse...
I am looking to purchase an investment property in Ohio and the local lender there is saying I must fly to Ohio to sign the promissory note in person at their bank. This seems really odd to me. I work in the mortgage ...
I had an applicant look at my house for rent and applied on the spot. He had a friend with him that spoke better english that actually filled out the application. He said he moved to the US a few years ago but only...
We have $100,000 savings in the bank. We found an amazing and unique $500,000 house with 5,000 taxes. We can put 10% down and with closing costs spend about $75,000. We will easily spend the remaining $25,000 in misc ...
Hi all, looking for some advice as I try to get started out. I am looking to start a rental property portfolio, and I would ideally like my investment to be as "hands off" as possible, while still having agressive gro...