In the process of closing on my second property, a duplex in Saint Paul, the appraisal came back with an asterisk related to some basement water issues. The lender won’t close until the seller addresses the issues. So...
As one of the few Oregon Coast Brokers working almost exclusively with investors seeking Vacation Rental Eligible homes I thought it would be helpful to provide some market insight into what’s happening in regards to ...
Hi,Our tenant left the house, her lease ended on 31 August. She has not paid the rent for August and not going to pay since she said no money to pay. The problem is that the tenant children (age 30 and above - which ...
This deal is out of my comfort zone. Because It has great potential I am willing to attempt it if I get a solid strategy in place. I live in Ohio. I do plan to consult my attorney tomorrow but would like input / gu...
I have read that there are a number of obstacles when buying a SFH under an LLC (i.e. having to use a commercial lender, higher interest rates, shorter amortization and balloon payment after 5 years). As a result, man...
Hi folks, my dream tenant wants to let her boybriend move in. The place has always been rented as a small studio really only designed for one person but will work in a pinch for a couple. Her plan is to move him in th...
My dad is selling one of his two properties in the Phinney Ridge District of Seattle. I have tried to talk him out of it, but that’s a whole other topic. My question is, can my dad add a second unit to his single-fa...
Question #1:
When acquiring a property using a lease option, should the lease and purchase agreements be their own separate documents or is a "Lease with Option to Purchase Agreement" combination sufficient?
Question...
Currently am using mysmartmove. I have qualified tenants that do not have access to a pc or have ever had an email address. They have given me permission to run the report for them but mysmartmove is not set up to man...
If I am renting a house (paying the owner rent every month) but there is more than one bed in the house, is it legal for me to airbnb the bedroom even though it isn't my home?