All Forum Posts by: Nick Bartelotti

When analyzing a rental and trying to calculate cash flow, how do you estimate utilities and expenses? Is there a way to find the average in your area, or is there a way to find that information on the listing? When you screen a tenant, can you (the landlord) choose to have the tenant pay utilities or are there rules/laws that prevent this?

That's what I was thinking, just wanted to make sure. Appreciate it Caleb!

When looking to get pre-approved to buy a property, do you have to clarify with the lender is the property is an investment property or a primary residence. I know conventional loans have more favorable rates, I am just curious if I would be able to get pre-approved for a conventional loan for a property if I was going to rent out all the units instead of living there myself. 

Hey Nick!

I appreciate it! I’ll message you.

I was looking to try and purchase a duplex in the west PA/Pocono area. I would still live in NYC. Right now I’m milking staying at home for as long as possible until I can save up enough of a down payment to buy something in the boroughs. I want to hear more about this house hack too and get an idea of what your looking for!

All The Best,

Nick

I just started looking into real estate and reading books. I’m located in NYC but I was thinking of looking for properties in PA. I was curious on how to find a good lender to get pre-approved and get an understanding on rates and how to find a good financier to help me get my first property. Also curious if the lender has to be in the Same state as where I’m looking to buy. Would appreciate any help and knowledge!