If I purchase a house with intent of finding a tenant buyer to sell with a lease option, do I need to apply the 50% rule with this property. I am not planning on renting it, the term would be 1-3 years. The potentia...
Hi Everyone,I am looking at a MH park deal. 21 Total Spaces, 4 of those are currently vacant. New spaces are renting for $200/month, but most of the tenants that have been there for years are paying $130/month. It is ...
Hi all,I have a pretty specific question. I have 2 investor friends and the 3 of us currently in the process of purchasing 2 properties, 2 quads. In the interest of having the smallest number of people on mortgages an...
What do you guys think about the Phoenix, Arizona market right now. Good time to buy?
Been reading a little on economy and it looks like employment and population rate is growing. Do you think that will decline soon...
Do you carry a Homeowner's Policy, a Landlord Policy, Fire Insurance, or another type of insurance for your rentals? I've heard so many different options I'm not really sure what to ask to be quoted. Also- do you get...
Would really appreciate any insights into how to or ways to break lease with tenants?
Here’s the scenario - buying a 4 plex in Tempe, AZ that was all rented out in Aug for 1 year on 3 units and 2 years on 1 Unit. At ...
Hi BP,
I just registered and have been lurking the forums for a while. So I just bought my first property, a 4 Unit, a REO with a 203k loan. Currently, on the renovation process. I'm going to be a live in landlord a...
I am a few weeks away from becoming a first time home owner. 3 Unit in Rhode Island. The property contains a 2 unit building and a 1 unit standalone cottage. This will offer a unique opportunity to be a landlord/prope...
Let me start by being crystal clear. I am very sympathetic to all of those who have been exposed to COVID-19 – those who have either struggled through severe (or even mild) symptoms and certainly those who have passe...