All Forum Posts by: Joseph Leibovitch

Thanks Stephen

I am trying to assess a renewal of an upscale rental. On one hand a part of my business plan was a rental increase. On the other hand it is Covid. My question has a few parts:

1) Am I allowed to increase rent during Covid in Baltimore County MD?

2) If I do increase how much? 

Any insights would be beyond appreciated. 

Also does anyone have a good template for a renewal letter? 

Thanks!!!

Joseph

Thanks for the info!

I hear you. My loan originator still closes all my deals in lest than 30 days. I think it is due in part to over extending oneself and not accepting that one cannot take on every loan that comes by. 

I just called PenFed and they said any closing on a heloc is 2 months out. 

Great! Thanks for your input.

Scott that is an invaluable point. Been there. So you mean to say if they mail a check and it is not the full amount you can just send it back. That way the clock doesn't restart. 

Hear you . With Zelle there are no excuses from the tenant. Thanks for replying.

Thanks! How can I verify this with Zelle? 

Are there any cons in accepting digital payments like Zelle or paypal? People today do not want to send a check. It is also instantly in my bank account.