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For me I just closed on a property with a 5.25% loan. That rate 30 days ago was 4.5%. I almost backed out of the deal but decided to suck it up as it still had reasonable cash flow. I will say that financing NNN le...
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Hi, My husband and I bought a duplex in August of 2016 with an FHA loan. We had all intentions of living here for a year or more; however, we recently learned that we will be expecting another baby soon, and this plac...
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Greetings,I'm buying an out of state property and there is a time crunch for the closing date regarding fedexing docs to me in time. To resolve the issue my realtor is suggesting I use his assistant (also a realtor) a...
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Hi all,Who has experience buying a MFH with either one or both the units already being rented out? How was the transition and if you were house hacking how did you decide what family you had to ask to leave? I can ima...
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Hello fellow investors,
I wanted to gauge some of your thoughts on payment deferrment due to covid. I've got one tenant that hasn't paid and I've been using reserves to make my payments. I wanted to see if anyone ha...
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I just made my first offer on Friday on a buy and hold property in Augusta, GA. It’s pretty low, so not sure what to expect, but feels good to actually take some action. I’ll keep everyone posted on that and other p...
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My LLC "formation date" is September 29th. Today is 3 weeks later and nothing's done yet! Today is October 19th, and1.) my attorney still has NOT finished drafting "Operating Agreement."2.) I still have no LLC bank ac...
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I'm new to real estate investing and I've started to analyze deals in my area, which has been a difficult area to find a good deal (North Idaho). I've been talking with different lenders and I've been pre-approved wit...
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Hey everyone,My question is about a tenant of mine that might be getting pretty sick. We've had them for about a year and a half and everything has been going fine besides the normal landlord stuff. Within the last mo...
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I am almost to my two year anniversary of being a landlord. Many days are awesome and I love it. Many days are also challenging.
How many years of landlording does it take to come to a place where you feel comfortab...