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Like most I so badly desired to jump into real estate. The only problem I had was that I had no money. I was able to scrounge up 15k through family for the down payment, but I had no money to enhance the property I wa...
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I'm currently in discussion with two lenders to secure a conventional mortgage for a SFH rental property. I have experience with PennyMac, and they are currently offering the better loan estimate. However, Rocket Mort...
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Hi all,I am under contract (400k) on a split level house that has a great opportunity to be a 1/1 apartment and a 3/2 house upstairs. This would be my first investment property and a house hack at first. The property ...
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Hello,
I have just begun to start searching for my first investment property in the NW Twin Cities metro. I'm curious what property management companies in the Twin Cities area BP members have had good luck with? Wha...
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When @Tom Sharkey and I first started our STRs, we would collect the weekly garbage and take it out on 'trash days' to be picked up. Now we have several units (trash days are different) and don't have the time to go u...
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The tenant wants to put a tub in the back yard. They will pay for the purchase, installation, usage and maintenance of the tub. They will also be responsible for any possible damage to the house (such as leakage). Whe...
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We purchased our primary residence about 1 yr ago and turned our other house into a rental. We are considering selling the rental to pay off our house.
here are the numbers:
Primary: mortgage 470k - 15 yr mortgage a...
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So after reading about snowballing to payoff mortgages, Im curious if you would in my situation. I have 7 paid off rental properties grossing me $4800/mo. I have my main residence with $200k and 10 years left and a va...
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Hello! Yesterday, I received an email from a deceased tenant's niece saying he passed away. He was an elderly man. His extension contracts ends on Jan. 31st 2017. His niece stated they will vacate the premises by ...
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Hello everyone,I recently had a peculiar transaction with a tenant. One of my units became vacant and I advertised it and found a new tenant. This tenant had a 700+ credit score, no criminal background, and had ever...