I have a section 8 tenant who might not move out after the notice to quit date, and in their lease there is a 3 month penalty for holdover tenants. Who pays that penalty? Section 8 have been paying 100% of her rent u...
Hello all my STR friends. I’m the last few months I’ve been able to acquire two additional STR properties in AZ utilizing hard money and am now beginning the hunt for refinancing. In an effort to separate my busines...
A grandfather is FSBO-ing his deceased mother's house. He had a tenant in it, but didn't get several months rent before they left. He just wants it gone. His thinking is that he doesn't want his heirs getting $200/mo ...
Two of our five kids moved out in the last few years so I decided to turn two of the bedrooms into a 1 bed/1 bath apartment. I just spent a ton of money remodeling to add in a kitchen, washer/dryer, shower, install a ...
We are looking at our next home and plan to hold on to our current home, while turning it into a STR. My question is in regard to lending. Most lenders will not look at "potential" STR income on our home, as we are no...
I have property in California that I will be selling this year, and will be re-investing the funds outside the state of California via a 1031 exchange (Investing in St. Louis, Missouri). I understand that California ...
Hi folks, I just closed a property. I bought it off-market from Sundae.com. If you have not heard about it, it is like an auction. I bought the property based on inspection report. The house has foundation issue; crac...
I'm looking at FHA vs conventional loans. I currently have enough money to buy a property, but I'd like to avoid paying higher interest rates or fees etc. I'd like to move into a duplex or a SFH. I'm curious if I coul...
Hello all, first time investing in real estate and need some advice. Spouse and I work in WA. Have a primary home and saving up to buy our first investment property. Talked to a couple of lenders to check our affordab...
I am closing on a multi-family soon and the mortgage will be in the LLC's name. All income and expenses will be handled by the LLC. The problem is that I am using a HELOC to assist with the downpayment for the loan. I...