Bruno P.
Screening Fee amount (is it OK to charge more than $25 in WI?)
30 January 2025 | 0 replies
I'm using a property management software (TurboTenant) for rental applications and screening reports, and they charge each prospective tenant $45 for this service.However, the Wisconsin State Legislature states that the landlord can only charge the actual cost of a credit report (up to $25).
Alex Patton
Refinance DSCR Advice
30 January 2025 | 12 replies
We are a small partnership with 4-5 properties currently, but we are growing and hoping to find a reliable lending partner that we can do repeat business with.About 3 months ago, we successfully completed a BRRRR deal where we had excellent numbers, over a 1.25 ratio at 75% LTV, our guarantor partner has an 800+ credit score, and we had no issues qualifying for the loan.
Joseph Goode
Has anyone had success with STR in the Downtown Sacramento Market
20 January 2025 | 6 replies
The logistics are simpler since as you get 4-5 turns/year and it isn't affected by the city ordinance on STRs.
Jennifer Miniuk
About To Sell First Flip...Now What
14 January 2025 | 1 reply
We bought for 130k, put about 45-50k into it and the market is showing we should be able to sell around 300k.
Miguel Del Mazo
Sale on new Furnished finder listing
10 January 2025 | 6 replies
Does the $45 discount apply for next renewal?
Sino U.
Inspection: What to check for duplex
21 January 2025 | 5 replies
Then wherever the water is getting discharged off of the roof, that what water is getting at least 4-5 foot away from the structure before it is left to drain with gravity away from the property.
Alecia Loveless
Is Anyone Marketing their Rental Business on Socials?
29 January 2025 | 3 replies
I’ve got 31 units, and I’m sure there’s 4-5 other landlords with 15-50 units in my area.
Cosmo DePinto
Best places to invest in Georgia
27 January 2025 | 2 replies
Metro Atlanta, generally speaking, respective markets 30 to 45 minutes from the City, will be tight on cash flow unless you implement a creative investment strategy, such as short-term rentals, medium-term rentals, or rent-by-the-room properties, or allocate at least 30% to 35% towards your downpayment if you intend to hold the property as a long-term rental.
Ryan Treacy
What Do I Need to Know to Be a Landlord in Indianapolis, Indiana?
21 January 2025 | 4 replies
Key points include:Security Deposits: In Indiana, there’s no legal cap on security deposits, but you must return the deposit (minus any valid deductions) within 45 days of the tenant vacating the property.Evictions: Follow the formal process carefully.
Malcolm Brown
Newbie to Real Estate Investing - Any Tips...
29 January 2025 | 24 replies
Most of our newer investors approach 2-3 lenders to discuss loan options.Some lenders recommend making your financing inquiries within a 45-day time period to avoid larger drops in your credit scores.All the best!