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I know this is a long shot, but I got a call from a gentleman today who lives in California and owns a 6-year old 1200+ sq foot house in Charlotte. 3br/2.5ba. Has had renters in it from day one. The last of which w...
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Hi,I’m 18 years old and very interested in purchasing my first rental property. Are there things that you wished you had known when buying your first rental property that could be beneficial to me? Or are there just s...
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Hello, I've been getting calls regularly from start-up companies offering what they call "guaranteed security deposit fee". I'm old school and just getting the hang of online rent payment software (awesome juice -btw...
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I have a rental townhouse assessed at $114,000. Bank loan at $121,000. I'm $200 out of pocket each month to meet the mortgage and it needs a new roof. Wells Fargo owns the loan, but Bank of America services the...
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A tenant in my rental property was recently involved in a car accident and he's seriously injured and hospitalized from this accident. The tenant is now disabled and unable to work. The only income source this ten...
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Hi everyone!
So I've been dutifully reading and researching about REI since I've joined this site. I've mapped out my goals, and would really love to hear some feedback. FYI, I live in San Francisco and can't...
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I have a few questions here:
1) if I have 2 year's tax returns with rental income reported but have not had the rental property for 2 years (say 1.2 years), will lenders still consider the income? I do/will have a si...
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I'll admit now that I am an infiltrator to this forum. I'm not a property owner or landlord. I am a potential tenant trying to figure out what makes you guys tick. (What I have discovered so far is that you love mo...
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I am ready to purchase my first investment property and I talk to the mortgage broker at the office I am working with. I tell him I have 12k for a down payment, but my parents want to get involved for 35k also. He t...
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There's question as to "whom" (seller) has the legal authority to sign option to purchase agreement for (2) properties I'm trying to put under contract. I've got an individual wanting to put these properties under con...