Philip Hong
Small warehouse questions with lease and property management
6 September 2024 | 4 replies
One-year leases are very common in smaller spaces, as you're most often working with tenants in the trade industry that need a garage styled space for tools and equipment, some with a small 1-person styled office adjacent the shop.
Jenny Vasquez
Best ways to shop around for the best lending
4 September 2024 | 7 replies
I am in a hurry to refinance a construction loan for a permanent fixed rate loan. Is it possible to compare what the brokers I have consulted with offer.Or is that unethical and I should stick to the first one who sen...
Nathan Gesner
What Do You Think About "Good Cause" Evictions?
10 September 2024 | 43 replies
I don't have a problem with reasonable protections for tenants from slumlords but those should always be arbitrated by either a court, or maybe an extrajudicial body to free up the courts and hear issues.
Tom Condon
Landlord Insurance - Rochester, NY - Shopping around
3 September 2024 | 0 replies
Hi All,I just wanted to know if anyone has been using any good companies for landlord insurance in Rochester, NY. I have 3 rental properties and am looking to get some new quotes.If anyone has any recommendations, tha...
Ritz Perrine
Trying to buy 2 HVAC units outside of the state I have a contractor connection in.
6 September 2024 | 5 replies
This doesnt seem correct for him not to be able to buy it but some shops do only allow technicians to buy the parts from them so that is true.
Dani Beit-Or
What do you think of this subject-to deal in Metro Houston?
6 September 2024 | 3 replies
I just spent a few weeks shopping for insurance policies on a Houston metro rental - it's really tough right now.
Miguelli Fernandez
Final Steps before commiting to my first out of state rental.
13 September 2024 | 50 replies
A lot of CA folks seem to want to shop only on Zillow, see 0, buy something, meet no one that is going to be supporting them, and then immediately lose money and get discouraged.
Connor Amato
SFH investing- Buckeye AZ or San Tan Valley AZ
5 September 2024 | 10 replies
It used to be a long way from shopping, etc, but Goodyear, the city next door, has also blossomed.
Brian J Allen
Fannie Mae 5% Down Multifamily Loan: A Double-Edged Sword
9 September 2024 | 22 replies
Excellent location in Mesa.I shopped around and I found a mortgage broker who was able to get me a 6.99% rate who took the loan to UWM (united wholesale mortgage).I negotiated a $15k seller concession I used for a 1-0 buy down so my rate for 1 year will be 5.99% and then revert to 6.99% for 30yrs. and then we used the rest of the concessions for closing costs. in 6 months or 12 months I will revisit to see if mortgage interest rates dropped significantly to justify a refinance to lock in a lower interest rate.part of the approval process for the Fannie Mae 5% mortgage is to make sure that i could afford this property and that i have good credit, my income is consistent and stable and it reflects that on my tax returns, I have sufficient capital reserves for the subject property and my other 10 Multifamily properties (6 months of PITI for the subject and then it's percentage based off of the loan amounts and how many properties you have)I agree, the more that government "helps" they therefore are increasing pricing.
Ryan Paltridge
Scottsdale/Phoenix Airbnb Operators - Connect
5 September 2024 | 8 replies
Then 85254, which is further north and close to the TPC Scottsdale (home of the Phoenix Open) and shopping like Kierland Commons and Scottsdale Quarter.There is also a Facebook group for Scottsdale STR operators, which a few of my clients find helpful.Let me know if I can answer any questions for you.Melanie