One of the ideas perpetuated by many of the Real Estate Investment "gurus" is that once you buy a rental property, you continue to hold on to it. This may be the right approach at times. After all, your fixed interest...
I feel like this. At least when the seller calls me first I know they are interested. That is an ice breaker for me when they call me first because I don't have to worry about making some random phone call at the wron...
I had one potential tenant ask if they could lease to own (lease with option to purchase).Never having done this, I read through several of the blog posts and message boards, but I am afraid I still don't understand t...
Hi All, I find the strategy of acquiring property with seller financing (or subject to), very attractive so that I can own property in my local market without a poor Debt to Income ratio. I would also like to utilize ...
I am looking for long term tenants which could possibly stay 2 to 3 years but the initial lease will be one year to begin with. So I get responses from people who just want to stay one year only. If I say no to them i...
I have two rental properties. Both are getting just over 12% cash on cash return. Should I put the cash flow towards the principle of the loans to help pay off sooner (have 30 years on both), or should I reinvest the ...
Hello,
My name is Kevin Larry and I'm an active duty army officer. I am trying to purchase my first home to start my journey to financial freedom. I am trying to come up with other ways of purchasing a rental propert...
It seems to be that the jump from 4 units to 5 units is significant in that the 5 unit is values on income, and not on comps. I've been mulling over a strategy of finding or building 4 unit buildings house hacking to...
I've been reading more about subject to and here's what I've learned:-Good for sellers who are off market-Have low to no equity-Have a mortgage with a low interest rate (less than 5%)-Be absentee or out of state (vaca...
Hey, I'd like to get both landlords' and renters' thoughts on this. During the application process, I believe it is beneficial for both the landlord and the renter to have the renter be the one that runs his/her own r...