Shiloh Lundahl
Building a Personal Relationship with Tenants - Good or Bad?
20 February 2018 | 55 replies
We manage around 1000 units and if gave every resident my cell phone life would be insane trying to answer every call.
Dave Smith
Starting out with HELOC
19 February 2018 | 3 replies
No problem living in the property, even though the rest of my family lives in our primary residence?
Kyle Z.
Am I asking for trouble?
19 February 2018 | 15 replies
This way they get a glimpse into how the person treats the residence.
Dylan D.
When the house you think is vacant isn't
18 February 2018 | 1 reply
Fortunately, it's a co-op so maintenance is handled by the resident custodian and the management company.
Whitney R.
Newbie here-Potential rental w/first house-A bit overwhelmed!
25 February 2018 | 19 replies
I have already been told by my lender that I would be allowed to rent it out since it will have been one year of residing here and I am leaving the area.
Miles Presha
Need Creative Financing Solution Strategies
22 February 2018 | 12 replies
A hard money lender will not lend for a primary residence.3.
Daniel J Aldrich
Property on market for roughly 4 years
19 February 2018 | 7 replies
There are two ways to do it.If you are looking to buy as a primary residence, you base the value on the comps with any adjustments for condition and amenities.If you are buying to flip, you use the flip formula: ARV - profit margin - rehab costs - closing costs - finance carrying costs = maximum possible offer.If a seller is holding out for price, a low offer without contingencies doesn't mean very much to them.
Scott Anderson
How do I leverage equity in my current rentals to purchase more?
19 February 2018 | 2 replies
Your LTV is ~60%, but more importantly, it is your primary residence.
Eric F.
Inherited tenants and "Property Manager"
20 February 2018 | 3 replies
Feels like there's a soft agreement between this couple and the owner.I spoke with all other tenants privately and they seem to be very happy with the current non-property-manager.I like the idea of resident lawn care, but am concerned about legality of a resident property manager (I'm new to this and not ready for employees on a small triplex).
Michael Nieves
Should I continue renting or purchase with 0 money down?
20 February 2018 | 6 replies
@Michael NievesThere are rules about occupancy when you use a VA loan.Intermittent occupancy due to work is okay as long as you can show that you have a pattern of continuous residency in that community...