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All Forum Posts by: Steve O.

Steve O. has started 5 posts and replied 104 times.

Post: Would you accept 1/2 payment on eviction day from tenant

Steve O.
Pro Member
Posted
  • Rental Property Investor
  • West Caldwell, NJ
  • Posts 104
  • Votes 65

@Jeyo Punnakottil hell no!

Post: Tenant requesting to rent bounce house/waterslide

Steve O.
Pro Member
Posted
  • Rental Property Investor
  • West Caldwell, NJ
  • Posts 104
  • Votes 65

@Joe Martella anyone know what the cost of renters insurance is?

Post: Making sure I start off right

Steve O.
Pro Member
Posted
  • Rental Property Investor
  • West Caldwell, NJ
  • Posts 104
  • Votes 65

@Joe Villeneuve don’t worry about the numbers…….what’s the point of investing??

Post: Single-family BRRRR Only Cashflowing $100 after refi

Steve O.
Pro Member
Posted
  • Rental Property Investor
  • West Caldwell, NJ
  • Posts 104
  • Votes 65

@Ashley Cross well said

Post: Should I use the equity in my primary for a rental???

Steve O.
Pro Member
Posted
  • Rental Property Investor
  • West Caldwell, NJ
  • Posts 104
  • Votes 65

@Anish Tolia why would you invest in zero cash flow?

Post: Buying 12 Unit....all Section 8 tenants

Steve O.
Pro Member
Posted
  • Rental Property Investor
  • West Caldwell, NJ
  • Posts 104
  • Votes 65

@Russell Beach took me about 2 weeks to get approved, it’s extremely easy paperwork. I wonder why people act

Like it’s difficult

Post: Dealing with mice - what do you do?

Steve O.
Pro Member
Posted
  • Rental Property Investor
  • West Caldwell, NJ
  • Posts 104
  • Votes 65

@Tim Richter that price is insane, mice tend to come in when it starts getting cold. Seal up all holes with proper spray foam ( rodent problem) set traps….. I would hold off putting poison as they can die in walls.

Post: Tenant decides to self terminate lease 17 days in. MD

Steve O.
Pro Member
Posted
  • Rental Property Investor
  • West Caldwell, NJ
  • Posts 104
  • Votes 65

@Jay Hinrichs I once had mice and you can eat off the floors in my house…guess I’m the 2.3%

Post: Tenant refuses to pay rent online

Steve O.
Pro Member
Posted
  • Rental Property Investor
  • West Caldwell, NJ
  • Posts 104
  • Votes 65

@Ryan T. If she wants to only pay cash, she can get a Money order and send it to you

Post: Lender requiring 25% down?

Steve O.
Pro Member
Posted
  • Rental Property Investor
  • West Caldwell, NJ
  • Posts 104
  • Votes 65

@Jeff Laniado what’s the interest rate your getting? My broker said Fannie and Freddie Mac are now charging about a point higher just because it’s an investment. Does anyone know of this??