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Hello,I currently own one house in Arizona which is my primary residence but also an owner-occupied rental (I rent out 2 rooms).I began construction on my second house in AZ which will be my primary residence. My orig...
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Investment Info:
Single-family residence buy & hold investment in Minot.
Purchase price: $184,000
Cash invested: $2,400
I bought this house as my primary residence and never intended on buying pr...
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In January, I was just about to move forward with my first Vacation Rental property, but put the brakes on it due to COVID-19. But 9 months in, it seems this sub-sector of REI is doing great— maybe even better than Pr...
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This tenant has been paying on time or early thru Dec 31 2019 for almost 3 years. I agreed to accept lowered rent for the final 3 months of their lease January thru March 31 2020. (he is a tile setter and has not been...
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So I have a tenant who agreed to an initial 15 month lease term. I did this because of it starting in January and it being mutually beneficial for the tenant and myself. When it automatically renews I would like it...
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Hello, has any used a debt service coverage ratio loan? Makes sense to me to get the loan based on the value of the deal. Plus, since I don't currently have a full time job, getting qualified for a loan isn't going to...
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My husband and I are looking at an investment property that comes with a tenant locked into a lease until March 2019. After crunching the number we would only cash flow $100/mo and has a poor cash on cash return but ...
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HI My friendsI am looking for adviceHere is the situation:I rented out a house and lease ends on March 31/15Tenant not sure if he is going to renew lease because maybe he relocates out of StateHe asked me to go on...
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Hello, I'm looking for feedback/experience/reviews from anyone who has used the NACA program recently to purchase a multi-family. I attended the first session and the program seems great and I would like to get some ...
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Well, both tenants (married couple) are now unemployed and claim they have no income to pay rent. The locality is a seasonal resort area, thus employment opportunities are challenging this time of year. Thoughts on ...