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Hey all,I currently own two properties, my primary residence and my first home turned rental which is a townhome/condo purchased in 2017. I am also a real estate agent in the greater Seattle area. I'd like to learn if...
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Here's what we're being offered by the mortgage broker we work with. Is this worthwhile to do?
- Our current payment will go down from $1287 to $1154 - so about $134 in cash flow savings.
- no closing costs. Our brok...
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I have 2 rental properties with mortgages on them. Both are in NYC. One rental property is up for renewal in June (currently occupied) and the other has a tenant who was always behind 1-2 months before COVID-19. O...
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I have a judgement from a former tenant for $1700. I didn't think I would ever see any of it so I tried to work out a deal that if he paid me $100/month for 10 months I would accept $1,000 as payment in full.
Well bel...
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Hello all, When selling a note what is the best way to determine value? The note is a 1st position 7% 10 year contract for deed at 56% LTV with 7 years and 10 months left. Details:Original purchase price: $138,000Down...
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I've taken BiggerPocket's podcast advise to offer value before asking for value... by volunteering to be the newsletter editor for my local Landlord club has instantly put me in the spot light. Through this, I've met...
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Hello everyone. Maybe i feel like everything that l do is wrong because when something goes wrong is kind of hard to face the problems. One of my only two properies that l have recently went vacant,they left one month...
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Long story short. My inherited tenant moved someone in in mid-June without my knowledge. No written lease as refused to sign one (I should have terminated then but was paying in full). Only after serving the 5 day ...
I’m currently a grad student in a rural, low cost of living area and I found an interesting rental property for sale for only $73,000. The property is a 4 bed/2 bath duplex. Also on the 1 acre lot is a 2 bed/2 bath tr...
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After partnering with an private investor, willing to put up the credit score and/or 3 months of bank statements showing at least $15,000 in the ending balance, to help qualify for a hard money loan, the company in qu...