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Hi- My wife and I just purchase our 1st property. It is a duplex that we will live in one side and rent out other. I set a goal for my self to buy at least 2 rentals per year. My wife and I both work salary paying job...
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*DISCLAIMER*I know this question has been asked here before but I feel like it is one that is specific to each person. I did look through other answers as well to get an idea of what people were suggesting on the subj...
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I recently went through an expensive eviction with 'tenants' that never paid a security deposit on a month to month rental from October 2021 to July 2022. I had a property manager who took a bad check and never even i...
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My tenant made a minor repair I approved of which was needed. Is it better from a tax perspective to pay him or give rent credit for work done? He has done the job already and did it well. I'm trying to decide if I ...
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Can I pay the down payment on an investment property with a home equity line of credit or home equity loan? The mortgage banker I spoke with said we had to have 25%.
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I was looking through a local property manager's contract and I found the following clause that seemed a bit suspect to me:"Owner shall pay all expenses incurred by Agent, including, but not limited to, reasonable att...
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Hi!I purchased my first rental property for $610k (duplex) using an FHA rehab loan. I also obtained a private money loan with an 11% interest rate to fund the rehab in the amount of $65k. The income from the rental ...
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Hello;Just wondering what some of you thought out best course of action would be. Pretty simple setup:1. We own a house (a second house, not our primary)2. House is valued at about 120-140k3. We own about 48k on it.4...
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I'm looking for a way to accept payments via a website or similar and was wondering what others use for this. Just trying to find an easy way for tenants to pay their rents without a hassle for them. I know there's...