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Hi, I'm currently living in San Diego California, and Ive lived in Sarasota for a year before, so I know the area well enough, but did not get into REI then. But now I am super keen on it.We have the opportunity to mo...
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I live in a suburb of Sacramento where the median list price is around 780k. We currently own a home values at 950k. The loan balance remaining on this house is 70k. We have been thinking about upgrading to a bigger h...
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Greetings BP!We are in the process of acquiring a four-plex through an FHA loan and will be house hacking the property. After assessing the market through the MLS with both properties that are up for rent and that hav...
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Is the best way to tap equity without selling an interest-only line of credit, reverse mortgage, or something else? Here’s an oversimplified version of the situation:
Bob owns 5 Class A single family rental propertie...
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I have a townhome which I have had a tenant in for about 6 years. She is a retired lady on a fixed income and when she got into the house the rent was $1400. The rents in the area have climbed pretty rapidly over th...
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Hi there! I am seeking advice for whether to go through with my first home purchase. It's the biggest purchase I'll have ever made, and I want to do everything I can to make the most informed decision possible. Here's...
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I have 3 rental properties in Chicago. I find that I’m only increasing rents when I have a turn (every 2-3 years). I’m debating if I should implement rent increases for current tenants during lease renewal, even if it...
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Found a duplex with two (1 bedroom, 1bath) BUILT IN 1929. Currently has tenants paying $1000 each. Need to update to increase rent to possibly 1200- 1600 (on the high end). I’m alloting 10k each unit. Each unit is 580...
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Hi, I have been renting a house in Sugar Land Texas for almost a year. Since taxes have gone up, my mortgage has gone up as well. How do I go about increasing rent so that my renter does not get angry and move out? I ...
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Been thinking about this scenario for more than a year but after listening to podcast #679 my 2/1 duplex is smack in the middle between 2 major hospitals and would be a perfect candidate for a MTR. Tenant's month-to-...