All,
First post for me but from what I have read thus far, this forum is great.
I live and work in Massachusetts in the Financial Service industry and have amounted a small (>100k) in cash over the last couple of ...
I was recently searching for a hard money lender in Florida and came across a company that requires a 10% down payment. I have in the past dealt with hard money lenders and never heard of a down payment requirement...
Investors, I am in the process of building my portfolio. I have 2 cashflowing SFHs and I'm working on #3. I watched my sister build a portfolio beginning with a single house hack in 1994. She added 1 or 2 additiona...
I expect to see more of these in the near future. The COVID moratorium is one of the worst actions taken in my investing history and will cause a lot of Landlords to walk away, file for bankruptcy, and more. As the ge...
We have an investment property that we bought in 2004. We had an adjustable rate mortgage, so we refinanced in 2006 to a fixed rate, because we were to afraid of what the rate would be if we waited longer. We have a f...
My dad just sent me this link.
http://theextinctionprotocol.wordpress.com/2013/07/18/motor-city-goes-bust-largest-ever-municipal-bankruptcy-in-u-s-history/
What do you all think about the REI market in Detroit after...
I inherited lousy tenants in a property (year lease) who are threatening to sue me for a slip down the stairs. She didn't seem injured but yadayada had to go to the doctors and did xrays yadayada. Now they're saying s...
My property manager contacted me to let me know a tenant in one of my duplexes has been given a dog. They asked me if I would consider collecting a 200.00 pet deposit and 25.00 a month for pet rent or if I wanted to e...
My lawyer recommended talking to a CPA about my rental properties. I've never used one before (I've done the itemized deductions by myself once--last year, with Turbo Tax--for my rentals).
Do you typically have the ...
We have a 70 unit senior building that we have owned for the last 20 years. These are all low income and about 20 have section 8 assistance. Rents are low. I would have to say we have not done a great job managing the...