Hello, I built a house three years ago that I currently rent. My plan was to refinance into a 30 year mortgage and pull some equity out for my next real estate deal. My bank has told me that since I put the property ...
Do you have a grace period for your tenants rent? When we take on new owners/properties they often come with ... not so great leases with drawn out rent grace periods. For example, we inherited a property with a trick...
I recently had a flood in one of my rental properties caused by a broken pipe outside the building. Unfortunately, There was a lot of water damage, and I relocated the tenant to a hotel. I got started on the repairs, ...
Hi, is a condo that I owne, our ceiling is damaged by upstair unit radiator. HOA is involved and they reply to HOA request of fixing their radiator and reply to HOA email according to hoa, but when I write them to fix...
Hi All - I always wonder. Which one is better in terms of profit, putting house in Short-term and vacation rental or traditional long term tenant? I know there are few factors involved (if property is leveraged, maint...
Hey all,I'm considering a Joint Venture (JV) for my next property, and wanted to get your thoughts on:Pros/Cons'Gotchyas' to look out for when creating, executingGeneral steps to createGeneral anecdotesThank you every...
I am primarily interested in multifamily but lately I have been thinking about apartment investments.
I'm new to investing...I have a property under contract, inspection has been done, and my financing is in process. I've asked the seller to fix several items in the home. I'm still about a month away from closing....
Hi,I’ve done a few hard money deals and I’ve been trying to cash out refinance a rental that’s just about finished. The home is only worth about 85K so I’ve had a hard time finding a lender willing to work with smalle...
Hello fellow BPers, We are ready to market our second investment property and wanted to make sure we updated our application form. I've made some changes but wondered if there was anything else I should ask in an appl...