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I’ve noticed that one of my tenants consistently pays the rent on the 5th of each month. My lease states that rent is due on the 1st of the month with a 3 day grace period (this tenant specifically asked for 3 days). ...
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Hi everyone, Newbie to STR here. So I narrowed down my market already and am starting to go to open houses. When you go to open houses, how do you decide if it's the right house for STR (after the numbers make sense)?...
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I am looking at purchasing several properties to set up as Mid-term rentals in Tucson, ideally around the Hospitals in town to focus on traveling healthcare professionals. I have received conflicting advice on propert...
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Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $8,000
Cash invested: $8,000
Sale price: $240,000
This opportunity involves a new build on a property in North Ma...
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We’ve offered them incentives, we’re honouring their preferred showing times (which is very restrictive) and doing everything we can to make this easier on them. They have a sick child so we offered them half month’s ...
I applied in May and appraisal was completed in less than a week. Yet, I received terms 2 weeks ago, and CTC this week.
Rate: 8.125%
Processing Fee: $995
Closing Fee: $1,360
Origination Fee: 2.650%
Admin Process...
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Hi everyone,I am looking for advice on a deal I have under contract for 550k in Sandusky, Ohio. It consists of an 8 unit apartment building being sold with a single family home next door to it, each on their own parce...
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Had a tenant sign the lease and send the move-in fee and 1st month's rent then start asking a bunch of super high-maintenance questions. My favorite is, "Do you have a radon test for me? No worries if not. I can get m...
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Hi everyone,
I’ve been a landlord for a while now, but this is the first time I’ve found myself in a tough situation like this, and I’d appreciate some advice.
I have tenants who have been with me for 2 1/2 years. T...
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I'm going to be doing a 1031 exchange on a property I own and I was curious if it is possible to use some of the funds to do capital improvements on the property(s). So say I purchased 3 homes which I understand is th...