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All Forum Posts by: David Shives

David Shives has started 18 posts and replied 26 times.

Post: Medical marijuana

David ShivesPosted
  • Cincinnati, OH
  • Posts 30
  • Votes 1

With the HIPPA  Laws being in place how do you know your tenant is using medical marijuana or the marijuana they bought on the corner from a dealer and is it legal to ask in some states?

Post: Buying REO

David ShivesPosted
  • Cincinnati, OH
  • Posts 30
  • Votes 1

As a newby looking for that first property in the near future. I have found 2 REO propertys close to work that will be idea for rentals. What steps should I take to insure I am able to get either property

Does it make rents lower than the average when a tenant pays heat and utility's?

Post: FHA Loans

David ShivesPosted
  • Cincinnati, OH
  • Posts 30
  • Votes 1

I am planning to investe in a 4-plex with 3% vdown FHA loan. My question is can a FHA loan be -refinanced and how long after closing do you have to wait?

Post: pricing 4- units vs commercial 5 or more units

David ShivesPosted
  • Cincinnati, OH
  • Posts 30
  • Votes 1

My main concernis the income of the 4 units does it play a part in offering price?

Post: pricing 4- units vs commercial 5 or more units

David ShivesPosted
  • Cincinnati, OH
  • Posts 30
  • Votes 1

I want to know when purchasing 4 units do I go by comparable since they are considered residential and how does the income play a part when making an offer?