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I have a renter that broke the lease and moved out early. In the lease agreement they signed says "Security Deposit will be not be refunded to the TENANT and will be used as a penalty for early termination of the Leas...
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Hi all!
I am currently looking for cash flow as my main objective. Im in the process of buying a few 4plexes at this time, but i really am shooting for buying owc and selling owc. No liability, no headaches, just cas...
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I have 3 sets of tenants who all pay on time, but always need a reminder. All are busy professionals who travel and pay, and always by the 5th, never late. Anyone have a letter or idea to send on 4th as a gentle remin...
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Good evening,
I purchased a townhome in Houston, Texas in August 2020, locked in at a 3% rate with a low 5% down payment on a conventional loan for $284k. I currently sit at $258K to go on the mortgage and did this t...
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Hi BP,So I'm planning on buying my first home around the end of the year and I would like to allow my girlfriend to live with me. We have been going out for about 6 months and I was wondering if I should create a rent...
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First of all forgive me if my legalese is not on point.... My mom bought a home back in the early 1990s, afterwards got married and her husband moved in with her. She never felt comfortable putting his name on the de...
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So I’m a new investor looking to buy a multi family. Now when I use the calculator since I’m going to have to put 3.5% down I run into a high mortgage. In short that high mortgage is causing me to be negative in cash ...
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I've been wanting to get into Multi-Unit properties and this one presented itself. I don't know the Phoenix Market, but from what I've researched it is landlord friendly. Here is the info, Price = $840k (6 units)**Gr...
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I know, I know..holding a rental property in s-corp is generally a bad idea. But it was done this way by my parents.So my family members' s-corp holds a rental property. And after researching for some time, I realiz...
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Found a MHP in my area that I'm interested in. This would be my first so I really need help on analysis and due diligence. Here are their financials for last 3 years, with specifics taken out to protect the innocent...