Long story short. I decided to start my real estate investing business this year and closed on my first property on 8/5/2020 with an FHA loan as I was using a house-hack strategy on this first duplex in North Carolin...
Would I need to have a Certificate of Occupancy on a lease option? I have a current renter interested in purchasing the house they are renting from me, however, would like more time to get their finances in order for...
I am trying to determine whether to use the 504 Loan to purchase an office building. While I intend to use 51% or more for my business, I would like to know (from those who have experience with this type of loan) wh...
Hey everyone,
In the summers, I am guessing most lakeshore Air BnB's in northern Minnesota have around a 90% occupancy rate. In the winters, if there are snowmobile trails nearby, winter events in the area, things l...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $30,000
Cash invested: $45,000
Purchased from HUD for 28,700 with another 15k invested. Home appraised for 135,...
Simple enough question asked by someone looking for insight. What is your typical or average percent occupancy (or vacancy, if you prefer) during your "vacation season". Please specify which. Thanks.
I have a tenant who ive already served a notice to quit and I am waiting a hearing since October/November. She's month to month, lease expired before I purchased. Im evicting on the grounds of i want to occupy the uni...
Questions regarding Hubzu sale:1. If you won the aution, can you, on the purchase/sale agreement, put contigency to inspection of the property. (there is a box on their sample doc 2.19). Reading from above, it seem...
What is the advantage of listing someone on your lease as just occupant (vs. tenant)? Can an occupant stay as many night per year as he or she wants? I have an applicant who listed someone else as occupant, but I unde...
Hey everyone!I currently rent in Nevada and am looking to buy a house or condo where my wife will be staying 1 week per month for school. The rest of the time I would rent it out as a STR. What are lower down payment ...