Adam Martin
How much extra to charge for shorter leases
It seems every time I post a rental I always have several people telling me they are looking to rent for 3-6 months while a house is being built. They are always super eager and have been turned down by everyone else...
Jason Turo
Commercial properties - shorter terms don't give you concern?
I realize there are commercial loans amortized over 30yrs but they still hold shorter terms (~5-7yrs). This raises the question, how do you position yourself at year seven to not risk a potentially higher interest ra...
Robert Harwood
Yellow Brick Road-Debt Question-Converting Shorter Term Debt
Hello BP Forums, I got started investing in SF rental homes back in October 2018. I currently have 7 properties I have acquired through the BRRRR Strategy. The 1st home was purchased with cash, renovated and refinance...
Derek Sperzel
Credit Unions with shorter seasoning for refi? Louisville, KY
I livein Southern Indiana just North of Louisville, IT. I've got a local mortgage company that will perform a cash out refi after a six-month seasoning period, but I've also heard some local credit unions will offer ...
William Coet
ROI - Bigger Down Payment, Lower Rate, Shorter Term VS. Opposite?
In the following two options which is one offers the larger return on investment for a loan on a rental:
Option 1: 20% Down ($22,200)- 5.25% APR, 20 Year Loan Term ($88,800 Loan Total, Total Loan Cost $143,678).
Opt...
Lesley C Sheppard
Anyone do weekly or monthly vacation rental and not shorter term?
Hi everyone,
This is my first post and I look forward to learning from the experienced folks on this board.
I've been a landlord for many years and currently own three properties. Two are vacation rentals and one is...
Connor McGinnis
Longer loan term with better cash flow or shorter loan term?
I am looking to buy an apartment complex in the greater New Orleans area. I am from the Midwest where cap rates are high and you can have positive cash flow with 10-15 year loans. In New Orleans area, cap rates can be...
Maria G.
What do you do if your tenants ask for a shorter lease?
Hello,Six weeks before renewal time, I told my tenants that I would help this year by not raising the rent because of covid. Far from being happy, they asked then whether I could lower the rent because "some units in ...
Amy T.
Refi on multi-unit, shorter term with lower rate worth the risk?
We just found out we qualified for a 15 year refi @4 % on a 2 unit property (it's actually 3 units but it's on the records as 2). The monthly payment would be almost exactly what the rents bring in. So any repairs, an...
J. Martin
See Pic! Brandon Turner does Exist! AND He is MUCH Shorter in Person!!
It's always hard to tell how tall people are until you meet them in person... For anyone who doubted whether or not @Brandon Turner
exists, for sure! But he's deceivingly shorter in person than he may have looked in...