John S.
Is there a website I can use to generate a list of all multifamily houses in my area
8 November 2024 | 3 replies
Right now, if I see a house I like, I'll take down the address and search it on my town's portal to obtain the owner name and address.
Gio Kattan
How to perform rehab w/o permits on a sub-to deal: will I pass city inspection?
7 November 2024 | 8 replies
Additionally, I’m considering converting a garage into a bedroom.If I want to list these properties on Airbnb, I understand I’ll need to obtain the following:•BTR (Business Tax Receipt)•CU (Certificate of Use)For these, I’ll need to undergo a city inspection.
Sara Robin
How can I get a mortgage loan without a current income?
6 November 2024 | 9 replies
Are there other ways to obtain a mortgage loan without a current income with a good amount of cash on hand?
Bryn Chatterton
New to Rental Property Investing
8 November 2024 | 3 replies
So, we obtaina full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc.to build an overall credit evaluation.FICO ScorePct of PopulationDefault Probability800 or more13.00%1.00%750-79927.00%1.00%700-74918.00%4.40%650-69915.00%8.90%600-64912.00%15.80%550-5998.00%22.50%500-5495.00%28.40%Less than 4992.00%41.00%Source: Fair Isaac CompanyPublic RecordsWe also obtain data from national databases about evictions, convictions and sex-offender histories.
Paul Clements
What are the basic mechanics of township notification of sale in NJ?
6 November 2024 | 1 reply
Let's assume there is no CO obtained immediately after the sale (will do later after repairs are done), and no township or local-level inspections requested.Is the township automatically notified by the county of the sale or is there some mechanism by which they would learn about the sale and update their records, other than by the buyer telling them about it, or applying for a CO?
Account Closed
Finder's Fee for Non-Agents Illegal?
6 November 2024 | 19 replies
I understand that you can obtain a fee for introducing buyer or investor to an owner of a property.
Will Gaston
Nearing 1,000 College Student Tenants: Here's what I've Learned
21 November 2024 | 305 replies
I'm working on obtaining my first student rentals in MN this year, with a goal to hit 50 properties within 5 years.
Alex N.
Request for Feedback_Not Cash Flowing
4 November 2024 | 8 replies
I have a few properties in Durham which I obtained as a 1031 in 2022 or so, and they are currently not really cash flowing.
Account Closed
What is my best option regarding transferring my mortgage to LLC
5 November 2024 | 5 replies
I am concerned about the implications of transferring the property into an LLC, especially since I have a favorable mortgage rate that I would prefer not to jeopardize.Would it be advisable to establish an LLC, obtain a PO Box, and open a business account without transferring my current property to the LLC?
Nana Twum Okrah
Pasha Maleknia's Residential Maintenance System spreadsheet
4 November 2024 | 16 replies
Has anyone had success with obtaining a completed template that could be customized as needed?