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Hello everyone,I am confused on specifically what people mean when they say they are a landlord vs a property manager. I am trying to decide if I want to also do property management when I get a rental, but I don't un...
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Hey guys,I have recently liquidated my local rental properties and am considering investing in a STR in Myrtle Beach. Specifically around the Surfside or North Myrtle area's. I have numerous questions that I would lov...
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I have a property in Carbondale, IL which I bought in 2013 for $89k. I've been renting it out to a friend since 2018, and would like to sell it to him. He's new to home ownership (this would be his first house purchas...
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I'm drafting some purchase criteria to send to a few MHP specialist brokers for a good first deal. Here is what I have:
Targeting 1 to 6 units with lot rents averaging less than $400 per space ...
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So has someone used money partners for the down payment only. I’m not sure what to offer someone that is interested in investing with me as far as them putting the down payment on a purchase. They would not be signing...
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I am closing on a duplex 5/14/21, 2bd 1 bath 850sqr ft, units
1 side was recently renovated (Side I could live in, as primary residence)
1 side was has a long term tenate (5 years) @ $625/month M2M
When the...
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My wife and I are closing on our townhouse on June 3rd. I was wondering since she is not on the loan but will be on the title. My question is can I claim her as a tenant that I am renting half of the house to? Then I...
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I saw recently that Fannie Mae released new guidance on the due-on-sale clause where they are no longer enforcing when someone transfers ownership to an LLC owned by themselves.The quote and link below:"A limited liab...
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Hey Bigger Pockets,Here’s the situation. Investor A - is moving (09/2022) to Joshua Tree CA. from out of state and intends on purchasing a property to occupy for approx. a year and then rent. Investor A has qualifying...
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Hello everyone. My wife and I would like to purchase property from our landlord and become Joint tenants (me, wife, landlord). I'm looking to understand the "Time" aspect in Joint tenant qualification. We all live in ...