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All Forum Posts by: Joseph Mceneaney

Joseph Mceneaney has started 11 posts and replied 21 times.

I have a new listing coming up need some advice questions for pre-screening through first phone call and questions to ask

Thanks guys for your input much appreciated.  TKS Joe

Hi Thomas I'm not sure I completely understand what you're saying but it has to be a percentage and if I am to find out what my yearly consumer price index is where would I find that out other real estate investors or my real estate agent friend

Increase in rent each year what is the standard amount 2%

I am the new landlord and my tenets are going into the second year 

Post: When Should You Sell a Rental Property?

Joseph MceneaneyPosted
  • Investor
  • Broomall, PA
  • Posts 21
  • Votes 5

Drew listen to   Michaela G.   THE most reasonable decision !!!!!!!

Every property must cash flow or get out.  :-) 

Post: Best places in Florida

Joseph MceneaneyPosted
  • Investor
  • Broomall, PA
  • Posts 21
  • Votes 5

Would like to know if anybody has any information on Florida/ best places to invest best places to buy -- vacation home?

I would like to buy a vacation home down there mid Florida area to upper section; then do some investments buy-and-hold in the same area that I buy a vacation home wondering if anybody has any information.

Post: Looking for insurance agents

Joseph MceneaneyPosted
  • Investor
  • Broomall, PA
  • Posts 21
  • Votes 5

Looking for insurance companies or insurance agencies that Will provide insurance in Pennsylvania for single-family rentals.  ?

Post: First last and security deposit

Joseph MceneaneyPosted
  • Investor
  • Broomall, PA
  • Posts 21
  • Votes 5

We are allowed to get first last and security deposit

but my question is I'm finding people don't have that much money on hand; second they don't make three times the rent verified income        I'm seeing 2 to 2.5 the rent ratio

Post: First last and security deposit

Joseph MceneaneyPosted
  • Investor
  • Broomall, PA
  • Posts 21
  • Votes 5

I'm finding a lot of people can't come up with three months deposit; plus I'm wondering if they have a good background check; verify job;no evictions; or criminal background; is it OK only to charge first and last month and maybe 2 to 2.5 income to rent ratio 

 after studying Brandon's book I can't seem to find those types of tenants that are described in his book 

1ST Three times the income to monthly rent

2ND three months down deposit $

that's the question that I'm fine it hard to find a tenants  

Post: One year lease or six month lease

Joseph MceneaneyPosted
  • Investor
  • Broomall, PA
  • Posts 21
  • Votes 5

TKs