All Forum Posts by: Jason Appel

Hi All,

Can anybody please point me to a good insurance company for rentals in Philadelphia?

What policies do rentals generally need? What are appx. rates?

Thank you!

Jason

I just spoke to a good residential lender. I havent worked with him, but can send you his information. PM ME

@Ross Yeager

Thank you! Is the sign up process simple for tenants on those separate utilities? Is it maybe worth charging more rent, but covering those expenses? I think not, because they may not be careful of their usage.

@Steve Babiak and @Yuriy Skripnichenko,

Great Dialogue over here. Very informative information, lots to digest. Thank you! 

@Dovi Zagelbaum

A seasoning period is the time a lender generally requires you to own a property before you can refinance it.

@Dovi Zagelbaum

Find out from lenders what seasoning period they require, generally 6-12 months. You’ll also want property stabilized and rented out before you refinance.

@Dan Powers Thanks for the clarification! how much does garbage usually run on a monthly basis?

@Matt Alrutz

Thank you! And is there a standard trash price you pay? Is that generally handled by the landlords?

Hi All,

When i run the numbers on properties in Philly, if its a SFH, i usually don't include Water, garbage, electric etc. becuase that can be billed back to client: at least i think.

Can somebody please confirm what costs i can expect to incur on the operational side of a rental of a SFH, and even a 2-4 unit in Philadelphia. Are their laws that i need to become aware of?

Thank you,

Jason

@Swaga Deb

PM me. I may have somebody