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This is my financial situation:30k incomeRental property (I own):4k monthly rent1.5k/mo PITIWant to buy:350k-400k property4k monthly rentI've used online calculators (for what they're worth) and they say I qualify. Al...
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Hello, I was hoping to get some advice on what to do with my renters and property management company. A little background, we had a home built in 2012 in an A neighborhood. It was our primary residence until January...
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Long time reader first time poster. I am debating between building an ADU in our backyard or buying an investment property out of state. We have an external garage that we could build a small ADU, 350-400sq ft, on t...
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I've successfully owned and managed a cash-flow positive residential property since 2012. After paying down personal and mortgage debt and getting my financial ducks in a row, I have begun the hunt for another house i...
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I am looking at a house package, but the seller is not planning to 1031. I would like to offer options to defer tax because he's retiring in about 2 years, but getting out from under his loan is his priority to be mor...
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Hi, newbie here. One of the things I’m uncertain about is whether or not I should pay off personal debts before making investments. For example, in about 1 year both my car loan and student loan will be paid off. Woul...
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Hello everyone... I was wondering if someone who has bought NPNs in Pennsylvania could chime in here. I am interested in one there but I'm wary of jud states. My 2 current notes are in non-jud states.Can you give me...
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I have a tenant that signed a notarized lease for one year, and gave me an $1100 security deposit. They were supposed to move in on July 1st 2016...They just called today and said they wanted to back out. Ive had the ...
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Hey everyone,
Seeing as having good credit is a must in this business, can anyone give me any advice on how to raise my credit score. I need to raise it about 50 points in order to qualify for a loan. My credit drop...
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Hello, I recently acquired a property subject to the existing financing on the home in California. There is $60000 left on the mortgage, with 17 years left, payments of $598 + ins & taxes. I have rehabbed the pro...