Greg Bohn
Public Property Records
1 September 2018 | 6 replies
The public assessor records are good to ID what the permitted SQ. feet are, sometimes it will show the total bathrooms and bedrooms as well, depending on the county, as well as recent sales and what the yearly taxes are.
Angela Smith
How much rent to charge?
10 September 2018 | 4 replies
It is comparable in square footage but does not have the basement or washer/dryer hook ups, plus one of the bedrooms is upstairs (very narrow stairs and steep ceiling angles in that bedroom).
Salvatore Giancola
one tenant wants to leave after only 1 month on 3 year contract.
10 October 2018 | 23 replies
@Salvatore Giancolai had this kind of behavior lately with my tenants, in other country (not U.S), but you need to be very clear like you did with the letter and very creative if you can speak with them over the phone or with your Lawer and do some tricks that can cause them to go out, by the law of course.Every one can agree with me that no one wants to be “marked” , because rent payment.Your credit score damage and a lot of other things.For both of them if they won’t be pay this , it will be almost impossible to find a place to rent.This is how i solved it in my country.And try to find more “regular” tenants next time..After i signed a contract with single mother with 4 kids that didnt open the door for me for more then mouth and did so much damage to the apartment ..I learned the best lesson in the world.Hope you will be fine , remember from every situation with tenants we learn something new.
Jordan Kenyon
My first deal Does this look good?
1 October 2018 | 16 replies
Purchase price: $197,500FHA 3.5% down: $7,000Mortgage, taxes, Insurance: $1,5352 Bedroom rent: $1,1001 Bedroom which I'll live in for a year but could rent for $850Barber shop in building: $650The only thing I pay for is heating which was $2,000 total for last year the rest of utilities or paid by tenants.My question here is with me owner occupying I will clear $215 but once I move out I will clear $1,065.
Barton Louie
Partnering with a person who can use VA loan
6 September 2018 | 2 replies
The creative strategy I came up with is: 1) My VA friend is looking to find a place of his own. 2) he can apply for a VA loan which is 0% down, 100% financing, no PMI. 3) he can house hack a 4 unit property and live in 1. 4) I can put together the deal and manage the property. 5) SPLIT 50/50 PartnershipQUESTION: Form an LLC PARTNERSHIP?
Elvia Morales
Rental laws on number of occupancy.
3 September 2018 | 3 replies
Elvia, the last time this came up for us in Bolingbrook, the village reported that theyhave adopted the 2006 International Property Maintenance Code guidelines on this, it boils down to 70 sq. ft. of bedroom space per occupant.
Shaun Palmer
Biggest Task DIY'ers Would Like To Know?
10 October 2018 | 14 replies
I got a short on a circuit that only covered two bedrooms.
Jack Walker
Young Spokane “Future Investor”.
6 September 2018 | 4 replies
Before, I had lived in the guest bedroom, and even rented out the living room so that my rent was only 300$.
Pierre Kiefer Pek
to invest or not invest scenario
5 September 2018 | 1 reply
The property is a 1 bedroom apartment with a downpayment of 60 000 pesos,and after which in-house financing takes place which is at 10% interest rate to be paid.
Pierre Kiefer Pek
to invest or not invest scenario
14 September 2018 | 1 reply
The property is a 1 bedroom apartment with a downpayment of 60 000 pesos,and after which in-house financing takes place which is at 10% interest rate to be paid.