Newbie doing the research to see if investing in a STR in Galveston, TX makes sense for soon to be retirees! Hard sell for hubby! Would be primarily in the Dallas area, so need resources to manage when not in town!!
Curious about non-recourse loans....can anyone give a non-recourse loan? Can I get a non recourse loan from anyone? Please share your experience and your lender that you used....
I have been studying the wholesale strategy for a little while now and in my research here on BP I have definitely run into conflicting opinions. 1) Build your buyers list first- find the criteria wanted and go find ...
Good morning. My tenant has lost his job. Two weeks ago I hired a property manager because he is an high maintenance tenant. He has not informed me or property manager of his situation yet but I know because I have...
I own three houses in CA (2 San Diego and 1 Oxnard). The Oxnard house is currently tenant occupied and the tenant is possibly moving out this summer. This house is under VA Loan at 2.5% interest rate. I also have HELO...
We bought a 3,000 SF lot w/ teardown home in April for $400k ($130/SF) We bought it with 25% down 2 year interest only loan through a local S&L we have a good relationship with.We bought the site because a new sta...
Here on Bigger Pockets it is very popular to suggest that one can make loans through MLOs and avoid any responsibility for licensure and compliance. I have held that since January of 2014 that that is likely a very da...
Background: Just closed on my first househack duplex where I inherited tenants. The tenants are a married military couple who had just extended another year prior to me closing the property. I have already talked with...
Not really asking for advice here but did want to share a recent situation. Newer tenant who signed a non-smoking agreement when he moved in was smoking pot. Another tenant complained of the smell. I gave newer tenant...
I closed on my first pure rental property, a two-family home, back in June and unexpectedly had both tenants move out by the end of July. So with some remodeling to do and needing new tenants I decided to hire a prope...