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What is the best way to payoff a mortgage. I am reading that you can either add extra each month or make one additional payment each year. I think I read that making one extra payment in a year is somehow better than ...
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I had a rehab project to fix up a unit. Rehab project was supposed to cost $50k.
The unit involved was a small studio; under it, a garage. This was renting for around $700 (garage for an additional $100).
The u...
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Hello,I have a contract with a builder that has the following clause and I am being told I need to pay 10% over the previously signed contract price due to increase in lumber price (which seems to have fallen 3X since...
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Investment Info:
4400 square foot cabin on Lake Superior overlooking the western Apostle Islands
Purchase price: $325,000Cash invested: $60,000Post-Renovation Appraisal: $495,000Post-Renovation LOC: $154,500
My wi...
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The drywall contractor we picked has been a fiasco of drama, over runs and excuses after excuses. They were supposed to be done on the 12th, which was an extension to begin with. Now, they are asking for $1000 more t...
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I purchased my first 2-family home this past July. its an up / down 2 unit that I will "house hack". The upstairs tenant (unit where I'll live) received a notice to vacate from me back in July, stating that she had un...
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We recently got an 10 unit multifamily with a commercial space under contract in York, PA. Our usual lender has dropped the ball and changed the terms on us from what we have gotten from them on the previous three ...
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Hello All,I just contracted a property in the Petworth Neighborhood of Washington DC. I am a newbie to this with a night job. I don't have my own cash nor do I have the credit. I am having a hard time getting a lender...
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I have a tenant who lease expired Feb 28, 2013. I gave her a 60 day notice Jan 4th that I was terminating her tenancy. The tenant refuse to leave. So i filed for tenant hold over with the city court. I had my trial a...
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My wife and I are self employed and run our current business as an S-Corp to save on self employment tax. We are wondering, since we will be starting out small, should we buy real estate under our current business? ...