Hi all! Have you ever had a short term rental that has an ADU on the property or in a separate part of the house where a long term tenant resides? Do you put that in your house rules and ask the guests not to bother t...
Hello All,Can I have some pointers on what thresholds are typically required for ROI that HML/PML strive to achieve when reviewing and approving the lending for a deal? For me, I'm looking at cash flow and long term a...
Does anyone have experience transferring an existing primary residence mortgage into an LLC to transition the home to a rental property?
Hi All,I have a chance to purchase a condo for 50K or so for a buy and hold. Rent is 1200 - condo fees 358 - taxes 170 - insurance ?I will pay cash to purchase and my prelim cash on cash is around 10%Sounds like a no...
I'm curious if anybody has ever had an existing apartment soundproofed before? If so how was the process and was it worth it or not. I have a great tenant with three young kids who lives above me. You can hear a good ...
Just some basic questions I need help with. 1. I need to do some rehabbing to the properties to get rental ready. Do I put the utilities in my name or LLC and am I able to only turn them on for say a 30 day period?2. ...
Hello fellow investors, I come to you all today as a newbie and trying to get my feet wet. I am currently trying to take action, I've been searching for properties on all websites and also doing my comps as well with ...
I’d like some advice on my options as a property owner and a tenant who stopped paying rent, move out 5 months in to a 2 year lease, and caused $4500 in damages along with stealing all the appliances. I’m an out o...
This one gave me a chuckle. Made an offer on a VA foreclosure that needed some work. The owner had passed away so its not like anyone had an emotional connection to the house.Surprisingly the house was in good cosmeti...
Have a class C property. Applicant shows a DUI class B misdemeanor from 2021 - “driving while intoxicated”. Shows court costs $420 and fines of $500.Says they have much more income then needed to qualify. Credit score...