Agatha Simmons
Advice for newbie. Evicting Sec8 tenant
28 January 2025 | 16 replies
If the tenant is claiming to be living in a hotel, she may try to get you to reimburse for that cost unless section 8 has a new process to reimburse them for this... which sounds absurd but I'll let you deduce whether or not you're dealing with someone who is used to paying for things out of their own pocket.
Paul Whitehurst
Bank is declining my HELOC - HELP!
18 January 2025 | 9 replies
Thank you you can only use your equity if you have the ability to pay it back.
Clarissa Zimmermann
Forms of rent payment
14 January 2025 | 2 replies
You can have your tenant pay through there.
Alex Houser
Foolish to buy office building?
18 January 2025 | 8 replies
, status of major building components (roof, HVAC, structural, electrical, plumbing), accounts receivable aging (are all tenants paying or is the $20,500 schedule rent?)
Kyle Carter
New company in area
9 January 2025 | 4 replies
A lot of research and studies have come out around high paying jobs make large impacts.
Mike Conner
Investor wants to trade properties - seeking advice
12 January 2025 | 2 replies
My duplex - built 1989, 2,060 sf, 2 bed/bath, 1 year old roof, value if I subdivide (county already approved) and sell each separately $150k each ($300k total)Investor duplex - built 1995, 2,300 sf, 2 bed/bath, 5 year old roof, value around $310kThe investors initial request was for an equal trade and they would pay realtor fees, which I replied wouldn't be equal due to buying/selling costs (recording fees, title insurance, closing fee, survey, inspections, loan fees, 1031 fees, accountant fees, repairs), taxes would increase due to new sale price, I'd trade a 3.75% mortgage for a higher one, and I'm on the 10th year of a 30 year loan so resetting that to a new loan would restart amortization and pay more towards interest.
Anthony Freeman
Property Management software
17 January 2025 | 6 replies
These platforms typically have billing policies where you pay a per unit fee per month to the software and you get regular updates and support each month.There are a number of low-cost platforms available that are able to offer you a lower price by passing along some of the costs to your tenants (payment processing fees, applications, tenant screening, etc).
Christopher R.
Homeowners Insurance/Landlord insurance/Umbrella insurance
23 January 2025 | 15 replies
Withoutknowing the details I can not suggest which would be right to add on.Several you should pay attention to are:- Ordinance & Law: Provides additional building coverage to deal with rebuilding costIncreases due to changes in Zoning or Building laws- Personal Injury Liability: Libel, defamation of character, wrongful imprisonment, etc.
Jonathan Ludizaca
BRRRR Single family or multi family
17 January 2025 | 6 replies
It is always better to have the tenant paying for the utilities as they are the ones using them.
Mark Hafner
International vacation rentals
26 December 2024 | 6 replies
Mind you, with mortgage interest rates in the US being so much higher now (and seemingly for the foreseeable future), I wouldn't be surprised if LTRs in Europe would cash flow better than in the whole US nowadays (to be verified).This being said, I don't and would never invest in LT rentals outside of North America as I wouldn't want to face unfavourable landlord/tenant laws as a foreigner.