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I have 13 supposed to be turn-key doors out of state and the property manager is doing a very poor job. they owe me maintenance warranty and move in warranty. the move in warranty is not in our agreement but I have ...
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My wife's father passed away and we took on his home that has a good amount of equity (worth approximately $350k and owe $60k on it). We have it set up as a rental and is cash flowing about $1000 a month for us. I wo...
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Hello!I am in process of finding for my first rental property investment in Metro Detroit area. I am looking at Oak Park, Ferndale, Hazel Park areas as a starting point. My goal is to break even or have a slightly pos...
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Yucca Valley has started cracking down on their STR permits. They are now requiring non-local owners to redo their nuisance response plan and schedule a meeting with the admins before getting approved. Has anyone had...
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Hi, I am in the middle of an odd scenario. I have a condo in Guttenberg, NJ... investment property. A new tenant signed a lease in early January for a January 19th move in. They were supposed to submit prorated Januar...
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Hello all!Recently I’ve established a HELOC to purchase a property to use as a STR. I’m curious on the best way to do so and others experiences. Is it as simple as writing a check from the HELOC account? Or should I...
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Hi everyone,
This may be a very simple question, but I need clarification on using private money. If I borrow enough money from friends and family to buy a rental property full in cash, is there a restriction on thes...
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I working on buying my first property to do a house hack in a single family home with a rent by room approach. I was wondering when filing for taxes if there is a tax break or if you would end up paying more in the lo...
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Good Morning BP Community!I am in a predicament with 3 SFH's I have mortgages on. I asked all mortgage companies if I can move the properties to LLC's. All my properties are in different states, (OH, IL, LA)For sake o...
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Would a deed in lieu completely clear the credit on the home owner?