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Is there anyway to get rent money same day? If my tenant pays on the 1st of each month, I do not get the money till a week later because of banking processes taking 5 business days. Then I am late for my payment. What...
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I am looking for information about buying houses at auctions. I have found a couple that look like they might be good buys if I can get them for the right price. Some of my questions include title searches ( how and w...
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Well.... I have always noticed that some prospective tenants always try to lowball me on price or ask if it is negotiable. Lately in the winter it has been happening more. Does this happen to anyone else? How do you ...
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So I just saw a house listed for rent on Craigslist and it had a photo & description of my house. It's NOT listed by my property manager.
These dirtbags are taking a $99 deposit and I would imagine the re...
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Hi everyone, I just closed on my first property this past week in Rhode Island. It was a duplex with existing tenants on a month to month tenancy. The tenants did not pay rent for two months while we were under contra...
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Hello,
I have 10 single family homes as rentals. I opened a checking account for each property to manage its rent collection and to pay its expenses, ie: mortgage, maintenance, etc. Each month I scrape these accounts ...
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Towards the end of last year I was finishing up my first flip. It was a great house for my first flip. Not too big, not too small, and I made just the right amount of mistakes to learn valuable lessons, but still turn...
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So I bought a 3 family in NJ and have gut renovated all apartments and have had great luck thus far but have run into my real first issue. Here is the situationI gutted one of the units (3 bedroom 1 bath) with a new k...
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I have recently come across a strategy that would shave my mortgage from 30 years down to 10ish years. I would basically convert my mortgage into a first lien Heloc. A calculator to see if this strategy would work for...
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I have a few questions here:
1) if I have 2 year's tax returns with rental income reported but have not had the rental property for 2 years (say 1.2 years), will lenders still consider the income? I do/will have a si...