Hello All - here is a good topic for discussion. In our business as a property management company, we have decided to take a hard look at a new policy of what to do with Landlords who refuse to lower the rental askin...
This is a story with drama, drama I did not want. And I can't say what kind of ending it has as this rental property is still on the market and has not caught a renter. But (I know I should stop starting sentences wit...
I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
I purchased my 1st home at 22 years old straight out of college. PP: Aug. 2019 - $356,900 w/ 20% down (borrowed a large chunk of the down payment). Refinance: Nov. 2021 - Property appraised for 480K, I completely paid...
please hear me out
I built my home back in 2001 with my own 2 hands its 10,000sqft its a smart home all the amenties you name it it has it. in 2006 i could pay my bills and i went into short sale noone was able to clo...
When borrowing a smaller amount from family, say 25k, for a downpayment, is it at all common to do a 30-year ammortizing loan? If so, what rate? Is 7.5% 30 year ammortizing reasonable? I want it to be attractive to th...