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First round of tenant screening
Ok so we are purchasing a second home and renting out the first one.
We have the ads up and applicants are rolling in.
We have 5 that have completed prescreening and all are coming to see the house on Saturday... (Y...
Ryan R.
Sprinkler System for Buy & Hold?..
I've got a property that is considered to be a fairly nice rental in my area, B+ or A-.
My current strategy is to hold this property for appreciation for the next 7-10 years, possibly longer.
The yard is becoming ...
Gayle Eisner
Hmmm, Am I Making a BIG Mistake? Out of State investing
I love Montana, Gardiner, especially & am contemplating purchasing a house near the YS river and in town. This town is surrounded by Yellowstone Natl Park and forest service lands, so I predict real estate will a...
Nathan Johnson
Brrrr and refinance or fix and flip
Alright folks! I wanted to pick some of your experienced brains as far as my next step. Last year my wife and I purchased a tax default SFH for 75K in our hometown, put 45k into it and sold for 174k It worked out p...
James Maradits
Acquiring abandoned property
Hello all,I am seeking advice on a unique situation. I am trying to figure out how to make a seemingly impossible deal happen for me.The story: There is an abandoned house in very close proximity to my primary reside...
Jordan G.
Owner Occupancy Clause relief
Hello,
My Wife and I refinanced our home with an Owner Occupied loan 4 months ago. The language appears to be standard, 12 months occupancy unless Lender otherwise agrees.
At the time my wife, a pilot, had recently...
Hector Garza
Seeking Advice on Building Long-Term Financial Wealth: Paying Off Debt vs. Investing
Hello everyone,
I've recently made the decision to prioritize building long-term financial wealth for my family. However, I currently find myself in about $100,000 of debt, which includes school loans, car loans, and...
Elliot Cole
Best way to reduce duplex boiler heating expense?
I own a duplex where I pay heat for the property. As an added quirk, the downstairs unit contains the thermostat for both units. The boiler is the only thing in the property using gas and last year my bill was over $2...
Henry Wang
How to shop around for cash out refi?
For those of you who have successfully done cash out refi, which bank did you use and how did you make sure you got the best appraisal? Any insight/feedback would be greatly appreciated!
David Harper
My CPA says put the rental under the LLC, lender says in my name?
My lender says I can transfer the title to the LLC after the purchase. Is this complicated and/or costly?