All Forum Posts by: Anthony Middleton

@Eliott Elias thanks

I don't know why I was thinking maybe using the things they in use in recording studios to lessen the noise.

Just daydreaming I guess lol

Has anyone here owned a property next to railroad tracks.

Just curious to know some pros and cons renting next to a railroad.

Does it effect your occupancy?

Does it require a different type of insurance? Etc

The railroad tracks are extremely active but still a good location to be in town.

Feel free share any stories or comments that may help!

@Mary M.

Thank you for sharing your experience. Options is what I am looking for in case I have to cross that bridge and you have provided that. Feels better having more than just a hammer in my tool belt.

@Anish Tolia I appreciate your input but I didn't become a REI just to collect money. I like to solve problems so I asked this question. I won't treat her any different than any other tenant, but if she happens to contact before rent being due saying she may have an issue paying rent because of the giving birth, I can now point her the direction of assisting programs because I picked the up from this forum. Asking that question here, now I have that option. I try not to look at everything as black and white. We come here to hear from people's previous experiences and learn.

Thank you

@Julie Hartman thanks for the advice

@Joe Splitrock thanks your time and input is greatly appreciated

@Gail K. Good question,

She is a chef, possibly executive level

Hello Everyone, I need advice.

I am currently renting to a woman who is 7mo pregnant. So far she has been a good tenant but recently had a fight with her bf and kicked him out (not on lease).

With her being due soon, I'm curious to know if she has a way to pay rent while possibly being out of work for a period of time. I don't want look like a bad guy if she does stop paying rent and put her out but the property will not be able pay for itself without her rental income.

Any ideas or suggestions would help

Im looking to close on this duplex I have under contract but there is an issue. The appraiser selected by my lender has fail to deliver 3 times on the appraisal. This is an fha loan so an appraisal is required, yet it has been a month and still no appraisal. On 3 separate occasions, the appraiser gave me their word that I would have the appraisal back by a selected date. All 3 times, I did not receive the appraisal nor did they communicate with me saying it would not be in. Is this normal and am I over reacting or is this really unprofessional and I have a reason to feel frustrated. Please share some of your stories and possible solutions that may help in this situation

I would like to negotiate owner financing terms with a seller but I dont know how to quite go about it. Asking price is 160k for duplex. Im thinking offering 3% down payment, pay mortgage and insurance to onwer for 3 or 4 years then gain 20% equity in property. After gaining 20% equity refinance with bank or credit union. Does these numbers or idea make sense?

160k asking

3%dwn payment to owner

4% interest / 30yrs

Mortgage $741

I was told house was appraised at 170k but i will verify myself.