Hello, my current home is a 2 unit, that was converted in to a 1 unit. I am planning on moving out soon and I was considering converting it back to a 2 unit (it should cash flow at a much better rate). If we had to ...
Two questions here about paying off a PML:1. Does anybody have a document / statement they give to their PML to show the interest paid? 2. Can you provide a sample payoff letter you prepare or have received from your ...
We are considering making our 5 bd, 2.5 bath primary residence a rental property. The house is 2150 sq ft. I’m wondering if this large of a home will be difficult to rent because it will be in a higher price zone than...
Hi everyone,I have 3 houses in Memphis and I'd like to bring down the payments on one of my houses quicker. Can I pay towards just principle as a separate payment or will it just count as an extra normal payment? I've...
Greetings,First time landlord here who decided to utilize a property management team since I am military and won't be in the local area to oversea operations. I chose one because their contract that I signed with the...
Hi all,
I’m currently in the Providence Rhode Island area and would like to Airbnb a few of my spare bedrooms out.
During the day I’m working as a carpenter all over the state of Rhode Island, which usually puts me...
Hey folks,Question for the medium term rental crew: how much time/effort does it take to self-manage a typical 1bd/1ba furnished MTR?I realize the answer probably depends on lots of things (like the location, grade, e...
How do you explain to the seller why a lease option would benefit them and why they should allow you to sublease, do you be upfront with them and tell them you are going to sandwich lease. I understand how to get a Sa...
If I am trying to buy a single family home rental does it make sense to lower my cash flow in favor of a 15 year mortgage as opposed to a longer 30 year mortgage so that I can pay down the loan faster?
When refinancing, do banks typically require their own appraiser performs the appraisal or am I able to hire my own appraiser and use that appraisal to support the refinance loan? Will investors obtain multiple appra...