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I recently read a local business journal article that predicted insurance was going to go up by approximately 20%. The main reason was under insured properties due to property values continuing to climb along with an ...
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Anyone have experience collecting on PMI (mortgage insurance) with a non-performing note? Would love to hear the good and the bad.We kicked a loan out of the bidding process because the seller's price reflected a futu...
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I'm navigating the process of purchasing a rental property for the first time and would love to hear the forum conversation insights. I'm currently under contract for a rental property in another state. Last night, I ...
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I'm trying to understand when the proper time might be to throw in the towel and jump into a short sale.We purchased for 450k in 2006 at market peak, lived in the house until 2011, and then rented it out for $1400.00 ...
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How should you split profits to keep everybody happy?Looking to go into a deal with my two partners (sister & father), who both have the cash and have both been wanting to get into multi-family investing. The dea...
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I currently have a duplex that I paid for in cash through a HELOC, approximately 70K of the 165K available in total. My net income per month is approximately $800 after all bills paid and future maintenance repair mon...
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Hi there, fellow property managers.I have been previously using TurboTenant to manage my own investment properties but am now going to be expanding my property management business to include managing other people's in...
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I own 6 properties (5 in Nashville, 1 in Georgia) of which 4 have appreciated considerably. My husband is a W-2 employee, I am a 1099. We recently purchased a historic home as our primary and are planning to both reno...
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I’m currently working on a project that I anticipate selling and doing a 1031 on in about a year. I will have somewhere between $400-500,000 to roll into my new property and I’m hoping to get into a larger apartment c...
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I currently own a property that I utilize for short-term rentals. My existing mortgage has an interest rate of 4.5%, and I owe $247,000 remaining on it. I have approximately $100,000 in equity built up. I'm considerin...