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I have several conventional mortgages on rental properties I own. I'd like to keep buying, but the banks are saying too many mortgages and debt to income doesn't look good (they go off tax returns, not leases for inco...
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I'm at a crossroads and I would like some opinions please. I have been a landlord for about 12 years and I think I'm done. I no longer care to make small repairs, answer phone calls, or go through the tenant screeni...
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I currently own a home in San Diego that I bought in 2015 with 0% down for about $500k. I moved at the start of 2020 and have rented it since. PITI is $2750. Rent is $3000 and the tenants will leave in June (inside...
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Hello! I'm looking to house hack a property in San Diego. I would like to rent out the extra bedrooms to medium term tenants or via AirBnB to short term tenants (after getting the proper city permit) to maximize the r...
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The question always seems to come up among landlords, "Should I take a tenant to court for (fill in the blank) or because they left owing me $ for (fill in the blank)?" Generally, I say it depends on the amount, how ...
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Hello Bigger Pockets community!
My name is Michael, and I'm excited to join this fantastic forum to learn and connect with like-minded individuals. I'm currently based in San Jose, CA, and have a strong interest in m...
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Just starting out here...
Have $50,000 to invest in real estate.
Would you:
A) Buy one Condo / Apartment outright (paid in full) and rent it out
or
B) Mortgage two Condo / Apartment's (...
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Okay so I have a friend who's having this problem and I wanted to see exactly what can be done about it and what you guys think. On my friends property, the tenants trashed the place and left, I guess there were issue...
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I constantly see investors buying up HOA liens at the foreclosure auction and wonder what is the reason? If they had no mortgage or a low balance on the mortgage, I would understand. Most times they are way under wate...
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So here’s where I’m atI’m going in with a partner (he has the money, I have the hustle and the knowledge) and we’re trying to decide between two options:We’re prequalified for a loan on a minimum purchase price of $22...