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Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
In the process of purchasing my first turnkey property out of state. Just got the home inspection report, and it sounds like a disaster. Water damage on the ceilings, wood rot, old HVAC, questionable roof, dead mice...
Real estate investing has been my dream for years, and I'm eager to start! I thought it would be an good idea to get my feet wet by buying a house and renting out the extra rooms to roommates. But is now the right tim...
Hello.I recently purchased a multifamily property in upstate NY.I hired a contractor to renovate a part of the property, we signed a contract and i did my part in paying him on time. The process of working with this c...
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I have been selling real estate for around 5 years now and always wondered if I work too much. My family is about to grow by one here in a few days (first child) and I wonder if there is any real benefit to being a re...
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I am 50 and have a goal to replace my income, or at least a lot of it by 60. My wife and I have strong W2s and are closing on a 300K HELOC this week. We are in process of building an Airbnb (Den Modern Cabin in Adir...
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I have a tenant who emailed me at my work e-mail account on Christmas about a leaking garbage disposal that didn't seem to work anymore and that they had scheduled Roto Rooter to come fix it. Normally, I know that a l...
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Hello! Looking for advice from other out of state investors who self-manage their properties that are part of an HOA.
I'm new to whole process of investing with a property inside an HOA out of state and looking for ...
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I own three single family rentals in Bend, Oregon that all cash flow pretty well and have good equity positions. Bought in 2010, 2012 and 2013. I now live in Denver but have strong convictions about growth in Bend. ...
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This is going to sound like a bad soap opera, but here goes...
What happens if you have a property sold on seller financing and the buyer uses it as a rental. BUT... the buyer turns out to be a slumlord who is allowi...