All Forum Posts by: Tammy Vitale

I think that depends on where your level of comfort with risk is.

I pulled equity on my main residance and a rental up to 50% of value to finance buying 4 more houses.  It has proved a good investment for me as the last of the 4 is paying for itself and the rental right now.  By 4 we finally understood our niche market and nailed it.

For me, 50% gives me room for if the market dives again to get out if I need to.  All of the rentals can easily be sold for what is owed on them.

My strategy is not to pay off, but to let others pay off for me in rentals.

There are, of course, myriad other ways to look at this.

Have you tried putting a MeetUp together?

looks really interesting - I tried both ways and both indicate "page not found".  Don't you just love technology?

seller financing 

and in some states the size of the window matters.

Required lease clauses differ state to state.  You can leave clauses out but some states don't allow you to do that.  For instance, in Maryland, a tenant canNOT sign away their right to notice of evication whether or not they sign a lease with a clause waving it.  So you need to know your state laws, and possibly county as county can tighten up state (but not loosen)

I used Facebook for one of my rentals - she is going on her 4th year in the house.

D.C. is affordable?  You need to define that.  D.C. is a hot market.

you should have an inspector look at them, or at least a septic service, be there when he's there and ask him/her that very question.

Ok now I have a question.  My GF who has multiple units had the same claim from a tenant.  She said she was sorry to hear it and the tenant's renter's insurance would be the one to cover it.  So is the girl suing the tenant also?  Or do you not require tenant's insurance?  Because they might go after the LL too - but that would need to be in addition to the tenant's insurance, right? Just wondering.  Thanks!