Good afternoon everyone,I would like to receive my rents before the end of the month, and require my tenants to deposit those payments directly to a bank account. What is the best way to do this? I have thought of s...
Hello, everyone!Just a bit of background information:A few years ago, I inherited a beachside duplex from my grandparents and was finally able to start my dream of real estate investing. Only one thing got in my way: ...
Im really new to the landlording game, and im trying to get clear information on how to properly and legally deny a tenant application. I am aware that in my state, Minnesota, If the landlord accepts a screening fee t...
Earlier this year we bought two houses that needed major work. We purchased them with a Fannie Mae Homestyle loan, which is similar to an FHA 203k. I got a bit carried away on the rehab, going beyond the bank loan amo...
Looking at NNN commercial properties. In researching I've found content regarding the valuation of the property based on its lease/size etc. However, how do you value the property if the tenants leave (empty commercia...
I have two 3-family homes and 1 duplex, none of which trigger the commercial loan requirement. I am interested in going bigger - anywhere from 5-12 units, and anywhere from one building or multiple homes. I understand...
Hi BP, my partner @Jon Sanborn and I recently bought a commercial mixed use property in Philadelphia, PA 19132: 3 Total Units - 2 Bedroom Unit, 1 Barber Shop Unit, 1 Hair Salon Unit. The tenants we inherited are great...
very basic question for all of you pros here, but I'm a newbie with our first SF rental about to hit the market. I'm signed up with Cozy and it seems to be a very streamlined process for everything except the lease. ...
After 6 months, 50+ properties analyzed, 10+ property tours, and 2 offers, I am finally under contract to buy my first rental property in Omaha, NE! A 3BR/1BA in Midtown near UNMC and the VA hospital.While I feel like...
Suppose I buy property with cash (to get a better deal, quick close etc). Can I refi with a mortgage and get the same rate down the road?Let me explain. Say price of home is 500K and investor mortgage rate is 4.5%. I ...