We are closing 7 days before tenants are expected to move out with the 30 days notice the current owner gave. My husband is concerned about what happens once ownership becomes ours. Are the the tenants bound by the ag...
I am getting myself confused between Yield and ROI. For illustration purposes, lets say that we are evaluating the following note:Original Principal Balance: $100,000Interest Rate: 5%Term: 360Payment (-536.82) Calcul...
Hi All --I read an earlier post on Biggerpockets about whether or not STRs should go into an LLC. My takeaway was that unless you have 10+ properties that it does not make a lot of sense. It sounded like it can be eas...
Hello everyone,I have had a Bakersfield rental for over 7 years and I am now in the 3rd peroperty management company. The second property company was ok but at the end of last year they abruptly sent me notice that th...
Hello everyone,
Ok so Im looking to buy and hold my first fourplex and Ive been studying/reading a fair bit on this forum.
I just wanted to summarize a bit where I was in terms of education, and see if anyone can su...
I was considering purchasing a NP note in Kansas. Do you need a license to buy or sell residential mortgage notes in Kansas? I plan to have a servicer if that makes any difference.
Just got a bid for $3397 for each chimney on a duplex. According to the guy the mortar has failed and all that is holding it together in places is a skim coat. Have not come across this problem but not likely to spend...
I'm about to buy my first SFH, but the home has not been a rental property before. I want to make sure I don't overpay, so I understand that I need to know how much the property could rent for. My question is, how do...
Hello everyone, I've been lurking on and off of the site for awhile but have finally decided that real estate investing is something I should pursue. I have a full time job and no prior experience. My father was a ...
Hello,Interested in property management company advice in missoula. Anyone have some thoughts on companies in the area? Thanks