Hello Everyone,I hope everyone is well this morning. I’m taking an online class and the subject today is Owner financing. I have a question in regards to carrying back a second mortgage when owner financing. The mater...
My husband and I are landlords in California. We have a tenant that signed a lease agreement and gave us a security deposit. After seeing and committing to the property they are now making several demands, cosmetic an...
Hello, I am considering expanding to a third OTA. Potentially Google Vacation Rentals or Booking.com. Which do you all consider as the third best OTA? I think most people would agreer that Airbnb and VRBO are #1 a...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Chicago.
Purchase price: $570,000
Cash invested: $100,000
A project that I am currently in the process of rehabbing in Chi...
Hello! I am currently managing two high-end properties in Columbus, Ohio. Unfortunately at one of my properties the dishwasher completely stopped working within days of a new tenants arrival. Since this is my first ti...
I just closed on 24 units in Illinois. I found out at the closing table that the Seller was passing to me a completely unfair laundry lease with Jetz. 10-year auto renewals if I don't provide 365 days' notice to can...
In a buyout I am receiving two cash flowing properties that are with section 8 tenants- currently cash flowing around 20K a year.They are worth about 200K total. I'm wondering what the next step should be. Refi? What...
I've noticed a fair amount of crossover in the various insurances.So my question (and the topic I'd like to open for discussion) is the pros and cons of each.Is there any crossover, are multiple insurances needed or a...
We are getting a divorce and I am keeping the house. My wife asks me to refinance asap to pull her name out of the house, mostly to make it easier for her to buy a house in the future because otherwise lender still co...
I'm searching for a multifamily property to househack at the moment and this is a question that's been on my mind. I see the benefits of managing your own properties at least in the beginning of your investing journey...