We were just notified by the 2nd mortgage bank that our SFR rental has a balloon payment of $29K due at the end of the year. This throws a money wrench into our finances for the next few months as we have a short sale...
Hey all,
I'm new to the forum, so this is my first discussion topic.
I am very into the sustainability movement, personal and professionally, and am hoping to 'green' up my town home and any future prop...
Good evening all,After months of searching, I found a 24 unit complex that I really liked and all the numbers worked for me. It was off market, so I've been dealing directly with the seller and worked out some creativ...
Has anyone ever bought a piece of heavy equipment like an excavator or a Bobcat as a means to save money because you kept having to rent them for projects?Any thoughts on if this might be a smart decision or if I shou...
Hello. Does buying a STR with a pool put you at an advantage and increase revenue because it's more desirable for STR tenants? Is the maintenance of the pool worth the hastle?
I have a question for any members that have a good amount of experience with property managers. I apologize for the length of the post.
I currently own a property in another state and have a property manager who man...
Hi, all,
My closing date has been extended to the 29th of September as my buyers buyer is shy 10K on their loan.
I had two offers, and chose the second offer because she was supposed to be a CASH sale.
This is not ...
with the help of this forum and several books i have been reading in the past couple weeks i have decided that in the near future i am going to buy my first rental property.
my plan is to buy a relati...
Hi all,I recently had a tenant fall on my property and decided it’s time to lawyer up. The lawyer I called I ended up liking a lot and he has a lot of experience specifically in RE law, but his hourly rate is $400. Hi...
I just did my research this week with about 6 possible lenders for a cash-out refi on a rental property and after gathering all the info I could, it looks like the two best options for a loan of around 100k would be e...