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27 October 2020 | 2 replies
No, not that stranded British solider or that Nigerian prince that have been wanting to deposit $10MM in your bank account for years now, but you did come into some money. $80,000 to be exact.In this market you could buy entry-level rental homes that rent for $875 per month, or your lend this money out to other investors.
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27 October 2020 | 8 replies
It adds a 50 basis points fee (0.5%) to most mortgage refinances starting Sept. 1, 2020"https://nationalmortgageprofessional.com/news/75745/fannie-freddie-refis#:~:text=Fannie%20Mae%20and%20Freddie%20Mac,a%20refinanced%20mortgage%20by%20%241%2C400.
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4 November 2020 | 9 replies
From the news headlines, it appears rents are decreasing.https://denverite.com/2020/10/...I haven't re-upped my tenants contracts yet, so I can't speak to that personally.
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28 October 2020 | 21 replies
You usually hire a PM to relieve you of paperwork and provide an interface that knows how to deal with tenants (like collecting co-pays and giving out bad news).In any case, you should get a FULL and ACCURATE statement of income and expenses.
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28 October 2020 | 7 replies
Now it sounds like the wholesaler lied about who he was, that is sleazy The second problem is that you cant circumvent his contract without getting sued for tortious interference of a contract (what it is called in most states) The good news, is that it doesnt sound like this loser is doing anything to sell this poor sellers house.
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31 October 2020 | 4 replies
Good news is there's room in the electrical panel for new breakers.
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29 October 2020 | 7 replies
*shrug*The good news is every insurance, boiler, city code, fire marshall, nuclear board, etc inspection I've dealt with resulting in pass or fail with detailed list of non-conformances.
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2 November 2020 | 32 replies
I saw the news about the law in Portland via a daily real estate site I watch and was curious what would cause this type of law to be enacted so I could watch for signs of something similar coming my way in the future.
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2 November 2020 | 24 replies
I thought I saw Inventory standing in line at the planning and Development office with its piggy bank shelling over its last quarter hoping that the wetland study comes back with good news before it goes bust.
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31 October 2020 | 5 replies
Ask the applicant to tell you the bad news before you pull.If they lie, don't go further.I can deal with a lot of stuff, but basic untruthfulness is a constant that won't change.I've rented to felons and low-income people and, since I can't ask, those without legal presence in the USA.