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I’ve recently come across the concept of “personal banking” through “overfunding” whole life insurance policies and leveraging the cash value to buy assets.In theory it sounds like a can’t loose situation. You have a...
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I am purchasing a property that has existing tenants until 4/2019. Can I make changes to the lease that was signed between the old owner and tenants, including increasing rent? I’m in Minnesota.
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Hey all,
I'm under contract to purchase a duplex in the Detroit Metro area. I'm looking for a lawyer who has experience with purchases of properties that have existing tenants. Specifically, what amendments will ne...
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Hello - I'm six months into my first investment property, a 4-plex in Midcoast Maine, and thought I'd share the numbers based on the experience so far. There's so much talk about how high prices have gone and how har...
Airbnb has changed, and if you don’t change with it, you could see your income start to dwindle. The good news? If you get ahead of the curve, you could make SUBSTANTIALLY more money from every short-term rental you o...
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This is my first post. I currently own an Airbnb in Saratoga Springs, NY. We made superhost status in a very short time and we love hosting - so we decided we want to help people run their short term rentals. We start...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $225,000
9509 Briarcreek Drive, Oklahoma City, OK 73162
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I have a nice townhome in a great neighborhood (Waconia, MN) that I am struggling to rent. Typically, I can rent my townhomes with in a few weeks, but the interest is very low right now. The listing currently has th...
Hey BP Studs and Studettes. I'm pulling the trigger to submeter water and sanitation at an apartment. It is a 6 units, with 3 of the leases up in the next 30days. I have a 4th renter that is very behind in rent, and s...
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Hello all.Our future renter wants to put these two items in the contract, one is in case we put the house on the market. Note that she is a lawyer. We don't fully understand the escrow clause and how it might affect ...