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15 November 2024 | 12 replies
When you purchased the current property you should have expected many of your repairs if you performed an inspection.
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26 November 2024 | 46 replies
This is going off the original topic - I could post as a separate topic.That is super helpful for those looking out of state.
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15 November 2024 | 4 replies
I was wondering what's everyone's process when maintenance or repairs needs to be performed in the rental property.
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22 November 2024 | 9 replies
Toledo's Lucas County Metropolitan Housing Authority...LMHA which administers the Section 8 program seems to have had a difficult 2016 and 2017 doesn't seem much better.I've been renting to Section 8 for seven years now, I still have my original tenant in fact, and normally I find great satisfaction in renting to good tenants and working with the bureaucracy that comes with a government program...I had 10 properties rented section 8 at one point and have slowly prioritized standard rentals over the program and now am seeing blatant issues with their operations causing me to move away from considering their tenants.Delays in the program: We used to have 5 business day's delay for new-tenant vouchers to be reviewed and processed for inspection but have been going weeks before we hear anything.
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23 November 2024 | 15 replies
Fannie does have a guideline that allows a property to be deeded over to an entity so long as the original borrower is also in the entity, but you have to wait 6 months of seasoning and maintain continuity of ownership.
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20 November 2024 | 12 replies
(I’d prefer you found a way to put down 20% and save the PMI as well as lower mortgage origination costs and on going interest costs.
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26 November 2024 | 25 replies
In this case the original owner, the wholesaler and myself all knew what was going on, so there was no deception involved.
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20 November 2024 | 13 replies
Originally posted by @Mark Malevskis:Thanks guys!
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15 November 2024 | 10 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
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21 November 2024 | 16 replies
Fannie does allow vesting to be changed to an entity after 6 months of seasoning on title AND the original owner must have continuity in entity that is being added to vesting.