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All Forum Posts by: David Franklin

David Franklin has started 2 posts and replied 2 times.

General Landlording & Rental Properties

Post: Raising rent on renewed leases.

David FranklinPosted
  • Contractor
  • Tuscumbia, AL
  • Posts 2
  • Votes 0

I was reading a post on Facebook about terms in a lease. There were a lot of comments about raising the rent on every renewed lease. My question is if your taxes didn't go up nor your insurance and there was no other unexpected expense, why would you go up on rent?

0 Votes
Private Lending & Conventional Mortgage Advice

Post: Question about finance alternative for a second house

David FranklinPosted
  • Contractor
  • Tuscumbia, AL
  • Posts 2
  • Votes 0

I bought some property with 2 houses and an apartment. At the time one house added 0 value to the mortgage, I went to refinance the property and I was told I could not refinance due to the second home having 0 value. I have the equity in the property to fix the house I just can't get it. What would be my best option moving forward?

0 Votes