I'm about to close on a duplex next week. There is currently one vacant side. The previous landlord had the tenants do the lawn care and it shows. I spoke to the existing tenant, and she said her roommate used to do s...
Hello All,We have a mortgage as a second home . I signed the second home rider at the point of closing . Can I do short term rentals out of it . Can I give it to a management company . Can I get a W9 from the manageme...
Hi everyone,
Do small banks/portfolio lenders have the same underwriting requirements regarding rental income as fannie/freddie? ie. 2 year schedule E rental income on tax returns.
I have $1550/mo (with rental agre...
Buying a property direct from the seller. Currently she has two of her family members occupying the home, both with mental disabilities.
So we came to terms on numbers and pricing. Originally the plan was for us t...
Hello, I am Charles Sandwell retired Air Force of 24 years, tired of working for companies that only care about the bottom line. So, I quit my job I had for 5 years and going to look at my first rental property today....
Hello,
So the inspection report came back with these red flags, the offer for the house was 300k, then i asked for 25k reduction and they take care of all the hazardous stuff but they said IT ok for 25k but you take ...
As far as I know, the landlord is responsible for shrubs trimming and trees pruning. I live oversea and I periodically ask to the property manager to take a picture of the yard for having an idea about the status o...
Hi Everyone,
I was wondering how you handle getting the lawn mowed on your single family rentals. For my first 2 houses I have provided push mowers and have the tenants cut the grass. After thinking about this more,...
Questions for commercial investors out there: 1. When underwriting an building purchase with attached absolute NNN lease, what diligence items do you typically request? 2. Do these items change for you if the property...
Assuming I'm a Canadian resident for tax purposes, to buy US property would it be better to incorporate in US, incorporate in Canada or avoid investing in US all together and why?