Seeking advice! Similar topics to this question have been posted but seem to be more than 2 years old and have nuances/details not related to my situation. Purchased an investment property for $330k (Typical 20% dow...
I have a deal under contract and wanted to get other investors thoughts on the term of the mortgage I should get. The purchase price of the property is 200k and it is ready to be rented so no money will have to be spe...
Hi gang, I'm sharing my story here because I'm interested in your thoughts and feedback, and because I'm pretty excited about how the buyer-turned-investor learning curve is shaping up. My girlfriend and I bought our ...
So not sure if this makes any differences for tax reason buti was thinking of using my 401k money as a loan towards the down payment for a multifamily rental. I don't plan on opening a LLC .. Could i take any of the ...
In lieu of added security deposit I agreed to let my tenant have a dog for an extra $25/month. The pet died 5 months into the lease and so the tenant no longer wants to pay that extra $25/month. But if the dog has d...
I have a rental that used to be my primary residence. When we moved we refinanced to a 30 year. 4.75, non primary residence loan. About 4 years later now I have 100k equity in the property and 140k left to pay.
I pay...
Tenant is asking me if his brother could stay 2 months in apartment. Per lease only named tenants can stay. I don't mind if its only for 2 months as they pay own utilities. What I'm afraid that it can be over 2 months...
I'm in the midst of renovating a house to serve as a long term rental. I hired a contractor to put in a tile flooring with the look and feel of wood. The contractor gave me a bid that included 'Floor Prep' as a line...
Hi Everyone, I'm new to the forum. I have a tenant that has been with me since mid June. They have not paid on time any month since they moved in. They typically pay around the 12th to 16th although the rent is due...
Hi,
I just began my journey to eliminate my credit card, car loan and student loan debt. After gathering data my total debt is less than $14K which I will work to be off my books by sping 2021. This unnecessary debt...