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Results (10,000+)
Melissa Harris Can I use the rental income if I bought a 4 unit with FHA?
27 March 2018 | 4 replies
This is to count for vacancy, repairs, etc.Again, I haven't been in the mortgage business in a long time, but I also believe with a 4 unit, FHA caps the loan amount at 90%.
Eddie Starr Flip Lease Option to Flipper?
27 March 2018 | 5 replies
ie, buyer must complete repair A before date B or they are in breech of contract and the property reverts back to you. 
Mike M. Do you pay your mortgage payment out of your rental account?
26 March 2018 | 3 replies
I pay mortgage, taxes, insurance, repairs, management, etc.Account B: Tenant security deposit is held separate from all other funds to ensure I don't spend it.Rent income should be more than enough to cover the mortgage so why are you putting money into the account?
Oliver Sparks Ever sold a house with a cistern?
30 April 2019 | 2 replies
Some other items came up that needed repaired and I've used the property for other purposes since then.
Ken C. Renting to Family - Advice Wanted
27 March 2018 | 5 replies
When he became incapacitated and could no longer visit his unit, approximately 7 years ago, another family member, who had assisted him in maintaining the building, began utilizing the space for storage, vehicle repairs etc.
Mallory Guerrero Tenant makes repairs
27 March 2018 | 8 replies
Do you landlords allow tenant to make repairs/updates to the property themselves on their dime?
Irfan Saeed Buyer coming back after months demand for repair cost
29 March 2018 | 26 replies
Buyer wanted some plumbing repairs done at the property and he send me an amendment for repairs.
Matt Smith First time house hack-pay full price?
29 March 2018 | 11 replies
I'd live in the other unit and still pay close to $600u/mon for utilities, taxes, insurance, repairs and capex.
Nate Si What are typical response rates in high income areas?
19 April 2018 | 8 replies
First one is a basic intro (we buy houses, want to buy 2 in your town this spring, selling direct is great for X reasons, let me know if you want an offer), second one highlights what type of sellers typically like to sell to investors (own timeline, no hassle, house needs repairs etc), third mailing is a simple postcard that has similar message on it, fourth mailing is a letter saying I've reached out before and thought you might find these FAQs useful (and I include a 4 pg FAQ distilled from my website)-- I expected that letter to have more response (you'll see above the 4th mailing had a <1% response rate) and it may be that ppl are waiting til after Easter to call, as I get more calls after holidays when ppl have had time to talk to their family.How to track all of this... you can guess by now that I'm super data oriented.
Sarah Buchanan Prospective tenants no-show for tour
31 March 2018 | 12 replies
I try to line up several showings in one day while I'm staying busy cleaning or repairing.