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All Forum Posts by: Troy B.

Troy B. has started 4 posts and replied 26 times.

Post: Investor Friendly Title Agents in Pittsburgh PA

Troy B.Posted
  • Rental Property Investor
  • Pittsburgh, PA
  • Posts 26
  • Votes 19

Andy @ Broker'S Settlement Services, and Ryan @ PV Settlement. Both great.

Post: I want to know Pittsburg better- Hi BP!

Troy B.Posted
  • Rental Property Investor
  • Pittsburgh, PA
  • Posts 26
  • Votes 19

Andy @ Broker'S Settlement Services, and Ryan @ PV Settlement. Both great. Good luck with Pittsburgh.

@Account Closed - It's always nice meet a new face. Let's connect.

Post: BP post got me fired!

Troy B.Posted
  • Rental Property Investor
  • Pittsburgh, PA
  • Posts 26
  • Votes 19

"With success comes hate"


I'm happy this event had a favorable resolution. Good luck, Sir!

Post: Found $873K, need help investing it

Troy B.Posted
  • Rental Property Investor
  • Pittsburgh, PA
  • Posts 26
  • Votes 19

@Jim K.

I messaged you this AM and here I come to find a thread about you finding money in a wall haha!  Regardless if this is real or not, I hope you're doing well and want to pick your brain about any roofing (box gutter) contacts you may have. We both know the rainy summer will show it's face eventually.

Post: Is rejecting 3 tenants a discrimination in SF?

Troy B.Posted
  • Rental Property Investor
  • Pittsburgh, PA
  • Posts 26
  • Votes 19
Originally posted by @Joe Splitrock:
Originally posted by @Will Dixon:

@Diane G.

Assuming we are reading the same posts here, I don’t understand how you are coming to the conclusion that it is NOT discrimination. Read this if you need further explanation that it is in fact discriminatory.

https://www.sfaa.org/Public/Ma... am not one to get into an argument with someone on BP, but I feel like this is a platform meant to educate. Whether that education be for making someone a better RE investor or a better landlord (they should go hand in hand). It gives me a sick feeling that you have challenged your PM’s knowledge about grounds for discrimination, asked for clarification here, and then drawn your own contrary inference that appears to be based on your own preconceived notions about habitability. I won’t say I agree with 100% of the tenant friendly laws that exist in CA, especially SF & LA, but they are the laws and they exist to protect tenants from what you appear to be doing right now. Do the right thing.

 I read this link and digging into the code, it prevents a landlord from raising rents or evicting if people add additional occupants to an existing lease. It doesn't say limiting occupancy of non-related adults is discriminatory as a tenant screening practice. 

The amendments are in section 6.15A which covers subletting and section 37.9 which covers eviction. In other words the text is in sections that apply to existing tenants. 

You could argue the end effect is the same, because this person could just have two people apply and move the third person in later without recourse. But to say having occupancy limits on unrelated adults is not allowed per screening and is considered discrimination doesn't seem correct. Unrelated adults are not a protected class federally and it doesn't appear locally in San Francisco. If they were a protected class, it would be listed as such. I listed the protected classes from the ordinance in an earlier post.

Personally I would just rent to the three roommates, because it is San Francisco. The anti-landlord hate there is so great that I would be afraid to deny anyone for any reason. It is sad that a landlord doesn't have the right to limit wear and tear on their property. Theoretically by San Francisco occupancy standards there could be 5 adults in that apartment. 

Thank you for your constructive post. 

Post: How Many RE Investors are Engineers?

Troy B.Posted
  • Rental Property Investor
  • Pittsburgh, PA
  • Posts 26
  • Votes 19

I've had the opposite experience and met very few fellow investors with engineering backgrounds. It's a pleasure to meet you three haha.

Post: Connect with Pittsburgh's Multifamily Real Estate Go-Getters!

Troy B.Posted
  • Rental Property Investor
  • Pittsburgh, PA
  • Posts 26
  • Votes 19

I'll join in.

Post: *HUGE* "house hacking" mortgage guideline change in pipeline

Troy B.Posted
  • Rental Property Investor
  • Pittsburgh, PA
  • Posts 26
  • Votes 19
Originally posted by @Chris Mason:
Originally posted by @Troy B.:

I remember seeing this FreddieMac loan product a bit ago, but now I'm curious....

@Chris Mason

Quick Question: I have a 4 unit with an FHA mortgage on it, can I refi into this?! My subject property has an income limit that I exceed, but not after taking my deductions (so I don't exceed it technically). I may need to scramble for this if so

 It's going to be your Freddie Mac-defined "mortgage qualifying" income, which isn't your gross earnings, nor is it your taxable income, nor is it any number actually to be found on your tax returns. Costs nothing to have a LO work up your income.

Great thank you! I'll have my broker compute this and look into it.

Post: *HUGE* "house hacking" mortgage guideline change in pipeline

Troy B.Posted
  • Rental Property Investor
  • Pittsburgh, PA
  • Posts 26
  • Votes 19

I remember seeing this FreddieMac loan product a bit ago, but now I'm curious....

@Chris Mason

Quick Question: I have a 4 unit with an FHA mortgage on it, can I refi into this?! My subject property has an income limit that I exceed, but not after taking my deductions (so I don't exceed it technically). I may need to scramble for this if so

Post: Pittsburgh investing low

Troy B.Posted
  • Rental Property Investor
  • Pittsburgh, PA
  • Posts 26
  • Votes 19

Those are great rental numbers. Why would a realtors opinion matter? Or is HMM an acronym?