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I cannot figure out how the monthly loan payment stated in the note is calculated. It does not match up with any amortization schedule. SBA reps are clueless. Does anyone know?
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Hello All,
When learning about the BRRRR strategy, I have only heard of people buying and rehabbing with cash. Is it possible to first buy with a conventional loan and then refinance after a seasoning period?
I coul...
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Hi, we are closing on an out-of-state property that we want to use as our first Airbnb. And we're thinking, from an investor's perspective, what kind of improvements would give us the most bang for our buck.
The hous...
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Hello,I have a townhouse that was rented to a couple. One individual has moved out. I created a new lease effective June 1st with just the one person. I have a suspicion that she has or will get another roommate. The ...
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I currently manage my own rentals now, but as I get more and eventually need to hire someone to help me, my plan is to start my own property management company and offer my services to other investors and landlords. ...
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Hello BP! I recently purchased a vacation property in Hilton Head Island, SC that is being rented as a short term rental (airbnb, VRBO, etc.) during the times my fiancé and I are not using it. We are using a property ...
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Hey guys, I have recently received an offer from Syndication of 12 units townhomes. Question is when deal is divided between limited partners($ investors) and General partners (realtor + mgmt company with not single $...
Hello - I am about to reject a tenant based on income (applicant's income is 1.8x rent). My listing says 3x rent required. I want to to be as polite as possible - if I say "unfortunately you don't qualify based on in...
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Hi folks, I currently have a multifamily in upstate New York. I've found the city and utility companies to be really outdated in their notification and payment systems. For example I got a fine for unmowed grass and b...
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Are people reluctant to buy sandy damaged homes that only had few feet water damage on first floor? There are quite a few great deals that are homes right on the jersey shore water (step out back onto huge decks with...