Hello from cold and windy mid-coast Maine!
I'm a newbie in the landlording business and I desperately need help figuring out how to set up a system to track the finances for the properties we have. My strength is id...
I have a 2bath/1bath rental in a nicer area in south St. Louis. It is the second floor unit on a duplex. I have advertised it on Zillow using professional staged pictures and would get about 3 to 4 inquiries per week....
Hello,I have an Aiea townhouse. A few years back we enclosed the two car garage. We added a bathroom shower and kitchenette (no stove). The contractor is gone. I live out of state and do not have blueprints. I want t...
I've been purchasing a number (4 so far) of cheap houses (<$50k) with cash, and now I'd like to get my equity back out of them to buy more. I'd also like to figure out a plan for being able to do this smoothly i...
For work that is completed early or above satisfaction in some other manner? Automatically this doesn't seem like a great idea, and I don't think I'd do so the first few times I worked with someone.I'm trying to esta...
Hello All,I have racked my brain and can't come up with other ideas at this point and am looking for some advice. I have a listing for a SFR that has been on the market for three months and has seen little traffic. ...
Hi everyone,
I have a question about how much in excess of the interest is paid in each payment of a fixed rate loan. Suppose you have a 100k loan at 6%. An example from investopedia shows a schedule of
Payment
0...
Thanks for your suggestions below.
I bought my first rental property 3 years ago for 336K. It’s now worth 470K. Mortgage including taxes and insurance is $1750 a month, and rental income is $2500. Right now I’m payi...
Hi BP,
My question is should I cash out my 401k to invest in a basement rental at my current residence. I am 31 yes old, I have a 30yr VA loan on the property and finishing the basement will cost an estimated 50k whi...
Hey everyone, I'm in my first contract in the due diligence period and after walking the property and thinking of renting as is for how many years i told the agent if i get the house I'd like to renovate it before i ...