I am under contract on a townhouse that should rent for $1200 - $1300 a month. The kitchen is in fair condition (50 yr old, lower end cabinets, laminate counter tops and low end older appliances). I got a detailed est...
I have a property that I sold owner financed in 2017. The buyer approached me about refinancing and I wanted to look at this as an opportunity to restructure the deal to make it more attractive if I want to one day s...
I currently have 7 properties with individual commercial loans on them totaling $192k. They are all 1-2 years into the loans.
5.5% variable
10 year amortization
5 year balloons.
I have b...
I often makes sense to cashout refi and buy again. But what makes this different is:
1) I consider myself semi-retired. Cashflow is important to me2) I work part time so I don't have the income to get a conventional ...
Hi all,
I have a tenant who's in month-to-month lease and I'm trying to raise the rent next month by $50 more ($1,200 to $1,250) which is, in my opinion, a reasonable price based on the comps around the area. My PM s...
I am reading a book on hyperinflation and depression right now. This seems to be a popular target with all of the mess going on so I figured I would try to educate myself some more. The author is a renowned REI auth...
I am starting to accumulate enough units where if they are all paid off I could "retire" and be more than comfortable. I would love to hear some stories of one the following:1. Their strategy to keep accumulating eno...
Hey everyone, I’m just curious if anyone has had experience with doing an addition in the basement? My current home is a 2 bedroom house. My wife and I purchased this home and you can tell someone started to put an ad...
Hello folks!Trying to pick your brains, I'm looking to close on my first rental property in Richmond City later this month. I've gotten two quotes for landlord insurance from my insurance agent who helped us get our c...
Sadly we're moving away from TenantCloud as they are now going to be charging $1.25 per ACH transfer. Since we have dozens of tenants, this is not going to go well. We've already informed the tenants of the fees, an...