I have a two family worth about $550K and $200K left in principal on the loan. Rate is 4.875% and with BofA--with fifteen or so years left of payoff. I'd like to refinance into a 15 year loan but looking for best op...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $30,000
Cash invested: $80,000
Single Family Home in safe area.
What made you interested in investing in ...
I had some break-ins in my apartment complex so I installed 8 cameras around the apartment complex. None of the tenants objected before the video equipment was installed.But after the installation one of them didn't l...
Hello,I just had a tenant move out after being in my rental unit for about 9 months. The day they had moved in last October was the same day we had new carpet installed in the living room of the house. Carpet upstairs...
DON'T BECOME A VICTIM OF UNDER-INSURING YOUR PROPERTY!Make sure when you are insuring your property you are doing so based on the "replacement cost" value and not "market value" (also known as purchase price). Typical...
Offer your tenants a 15% reduction on their rent for paying cash up front for the year. They don't have the cash so you have a lender lined up to loan them the money. Even if their credit isn't good and the interest r...
Hey BP! Working on closing my first deal and I'm wondering if my thinking is correct. I am purchasing a 3 flat that I will be living in and this is my first home purchase. I have ~$20,000 total in my Roth IRA and I wo...
Hi everyone. I'm in Montrel, Quebec, Canada. And the question is more of an opinion that i need. I bought my duplex around 3 years ago. I was living in it for the 1st year and my upstairs tenant was and still is payin...
Hello BP! I hope you all are doing great! So a couple of months ago i created an LLC in Cleveland (i live in California), i did so in order to place my rental property and all that. Now that the LLC is created, i deci...
I recently saw an article on Bloomberg that talks about the re-emergence of the "employer-landlord" model. I'm just curious about the community's thoughts - some initial questions in my head: With rents increasing and...