Howdy. Straight to my question - Whats the best way to pull out equity from mortgage free (paid off) investment rental (property 1) and take that money and purchase a 2nd, lower value long-term rental (property 2) ?
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This is my first time evicting a tenant. This relates to a commercial (retail) building in CA.On 11/6, I served a delinquent tenant with a 3-day notice to pay or quit. Tenant requested that I give him until 12/15 to ...
Hi, i am looking to put an offer on the condo but i am alarmed after looking at the financials. It seems to be like the condo is heavily in debt and spending huge chunk of condo fees towards interest payment. Is this ...
Hi Folks,I just was curious what other people would do. I have a long term tenant in a duplex. I have let her paint her walls and when she wanted to upgrade ceiling fixtures, I had them installed for her and she paid ...
I'm looking at a property that is 3 single family houses and 1 efficiency on 2 acres. (Seller was asking $369k with no offers, will accept (verbally) $340k and will refund $6k in closing costs and $15k for repairs, $3...
Hi, Four years ago I bought a house that I got thru owner financing . I thought it was a good investment , until i recently tried to sell it this month. Found out that It was a wrap and unfortunatly I was not wise to ...
Hello,I'm potentially looking at the Cleveland market and I'm seeing people talk about municipal code violations from the city for snow removal and unmowed lawns. Is it common for the landlord to have to pay for snow...
Just a question, If I purchase a home from Miami Dade or Broward Online Foreclosure auction and its the first or primary lien, do the other liens get dropped after I purchase the property? Or do I now owe whatever oth...
A tenant of my property in Philadelphia recently vacated the unit after a two year stay. He had exclusive access to the rooftop of the building and in fact the rooftop could be accessed only from the unit. The post ex...
I've had these 3 19 year old room mates renting a house from me since February and it's been a disaster ever since. Holes in walls, carpet trashed, utilities unpaid, neighbors complaining. I've served them with a 10 d...