Brian Louderback
Bank said NO to putting house in LLC name
My wife and I formed an LLC to use for our new rental business. We just purchased our first rental a couple months ago and are just about done with all the renovations. So I called up the bank to see about doing a qui...
Denise H.
STR in Lake Arrowhead
Hello,Looking for some feedback/advice on a STR in the Lake Arrowhead area. My husband and I love the area and for our long-term use would prefer this area over Big Bear. My question is can anyone provide info on how ...
Patrick Sherwood
Buying Notes.....screening a potential company
Has anyone ever done business with Azevo, Inc? Any information is appreciated. They help investors purchase notes. My friend is looking to invest some money with them and I might do the same if I can vet them properly...
Joon Hui Yoon
the best location for duplex/triplex/quadplex investing?
Hi all,I am going to start investing in rental properties from this fall/winter 2023.I have a full-time job and will keep it so my strategy will be as passive as possible, such as buy-and-hold.with 7.5% mortgage and m...
Lauren Van Riper
Tenant wants extension - you will not believe the reason
Long post - HELP.I got an email this morning from my tenant that I sent a non-renewal letter to last month. I gave this tenant an extra month to find new housing as it is very difficult to find housing here. She has ...
John Roberts
Is this mortgage fraud? Would this lease be legal?
I have a question re: consequences for a property management company and parties involved in a fraudulent transaction. What potential penalties would exist for a licensed property manager / firm who engaged in the fol...
Joseph Schweizer
My first investment property - An out of state deal
Investment Info:
Single-family residence buy & hold investment in Kansas City.
Purchase price: $68,500
Cash invested: $14,000
Contributors:
Zach Lemaster
I recently worked with Za...
Isacc Lightbourn
What is a cap rate and why are they important ?
I hear the words “Cap Rate “ a lot. What is a cap rate and why re they important? Is it something added onto a loan interest rate or maybe equity in a property? What is a good cap rate?
Derrick U.
Cash on cash return of 4% is ok?
I'm looking at a few properties in Phoenix. Can't seem to find anything that yields greater than 4-5 percent return. Would you be ok with that return? Assume down payment is 25%-30%.
Todd Handriegh
"Cheap Money"...to refi or not, that is the question.
So I screwed up last year, or at least according to my current strategy. I refi'd my 30yr mortgage on rental property down to a 15yr, and paid points to get down to 3.5% interest.
Now I'm wishing I pulled cash out s...