Hi everyone, I have a question that I am struggling with. I have a property that I am selling, in escrow now should close next month. The main house has stellar tenants, their lease is up in 2017 so they are included ...
My soon-to-be father-in-law owns a rental building. He is in his early 80's now and has been in the rental business for 30+ years. ( Self-managed ) We do help him often with repairs. He recently has gotten sick. Very ...
What are some tips/suggestions you'd offer for Long Distance Self Management? I am semi retired at age 44, I sold my franchise business 1 year ago and have a very good idea of what it takes to operate a business succ...
Hello everyone,We are currently living on the outskirts of Memphis, TN in a great, up and coming area. We purchased a home in 2013 for around $400k at 3.5% with $0 down and no PMI with a VA loan. Now we are getting re...
How soon is it to start looking for tenants. My wife and I are moving. We have decided to be landlords, first timers. We are in the middle of rehabbing our current property. We move in to our new property in 2 weeks a...
What are my financing options if I want to do a BRRRR + STR? I prefer to use conventional loan over DSCR for the refi due to lower rates and no prepayment penalty. Specifically:
1. Do I have to purchase the house ...
Hello all! I currently have a goal to acquire a 4-unit apartment building using a first homeowners loan to build passive income. My long-term goal is to expand and obtain larger apartment buildings and create good inc...