All Forum Posts by: Patrick Reagan

What is the rental market like now with COVID-19? I have a place in northern NJ and am wondering what the average time it takes to get a place rented out.Thanks

After screening potential tenant candidates,do you interview them and,if so,what do you ask? Thanks

My rental in NJ hit the market this week and so far a very slow response.It's listed on the MLS and many web sites. I expected to possibly make adjustments to what I'm asking for but am wondering what part,if any, COVID-19 may be playing as well.Thoughts,suggestions? Thank you

Thank you for your input,Brianna and Bjorn!

Is it a must to provide appliances and,if so, which ones? The property is about eight years old and in solid shape.Any particular areas on the interior to focus on as far as upgrades?

Should an attorney be used when renting out a property,for contracts,forms,ect?

...how do we know it's competitive.

Thanks,John.Sounds like sound advice.You mention,as long as the loan is competitive.That's what I want to know.

How do we know if the terms of our investment loans,such as the interest rate and closing fees, are good? 

Thanks GP and DP. Is their a standard,or close to,percentage rate related to closing costs? Such as,5% of the selling price?