Hi, I wanted to know what the legal repercussions are of renting a home that you bought as your primary residence. My mortgage says that if I do this I could be fined or even enprisoned for lying about the occupancy. ...
Hey everyone,
I have an inherited section 8 tenant and their rent is pretty low even with the voucher.
I don’t understand the ins and outs of section 8 fully yet, but I have learned a few things and I want to make ...
A tenant asked if another roommate could come live with her. She lives by herself now in a 2 bed, one bath, so there is room for them both. I explained that they would be added to the lease and must pass all other bac...
Hello, I'm wondering if any of the BP Calculators would be good to use to when converting a paid off primary residence into a rental? We would like to either refinance or take out a HELOC to fund additional projects i...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $340,000
Cash invested: $120,000
Sale price: $745,000
1930s tudor SFR home in SLC, last remodel 1960s.
...
Can I use 1031 funds to finish my basement which I plan to rent out once finished?
Hearing out all advice and tips on starting out and getting my first property
Good morning you happy people. The wife and I own a 3/2 house in San Diego with a studio apartment in the converted garage. Current estimate for the value of the property is $1.6m and we owe $900K. We are able to add ...
Hi, I am located in NJ. I purchased a duplex last year and lived in one unit. My insurance was approx $1000/yr. Now i plan to have it fully rented and the policy is looking to be $1860 for the year. Is this reasonable...
On Tuesday, August 13, the Sacramento City Council will likely vote to enact a rent control ordinance. Here are the highlights:- Landlords will be prohibited from raising rent more than 6% plus the “consumer price ind...