All Forum Posts by: Jasper Franklin Heilig

Let’s say I had $100,000 to invest.

B. I found a house for $60,000 and bought it for cash (what would closing cost be for a $60k house paid for with cash?)

R. I spend $30,000 in renovations.

R. I rent it out for $1,000 a month.

R. (How long would I have to wait to refinance?) The value after repairs is $125,000, 80% of that is $96,000 (how much would closing cost be for a $96,000 mortgage?)

My neighbors house has fallen into disrepair and I think he might be in a nursing home. The house is in “pre foreclosure”. Who can I contact about trying ti buy it?

Hello, we had a renter not pay their last months rent and will not answer calls, texts or emails. They did vacate the property. 
We now know to get first and last months rent… but what can I as the landlord do? Can I contact their employer? Can I report them to the credit bureaus? Or would that all happen in small claims court? 

Thanks for any advice 

Great question. I am in the same boat. Did find out anything or get any advice from someone else?