Sterling Jackson
FHA Streamline occupancy requirements
13 October 2018 | 0 replies
I plan on doing an FHA streamline refinance but I suspect that I may move in the upcoming months would you go ahead and do the refinance and then explain to my lender the situation regarding my changing of jobs or should I forgo getting the refinance and just trying to rent out the property with my current loan?
Heather O.
Teen Tenant Died After Lease Terminated During Overstay
13 March 2020 | 7 replies
If you do not know your provincial landlord tenant regulations you had better move quickly to get your lawyer or para legal to do the job.
Eli Rollins
What's real estate again?
15 October 2018 | 35 replies
@Eli RollinsEli, you might try to get a part time job with a realtor to learn the industry, and make some money.
Darrius M.
Needed Roof Repair Recommendations for Flip - Florida Panhandle
13 October 2018 | 0 replies
Please let me know if there's anyone you would recommend for a job like this.
Todd Powell
Do rents/multifamily housing decrease when overall economy tanks?
15 October 2018 | 8 replies
If the economy worsens and people lose their jobs -> more tenants for me.
Mike Loughry
Property Manager Recommendations in Daytona Beach and Fort Myers
25 October 2018 | 3 replies
She's done a nice job with my challenging properties.
Jared G.
Questions on finding property value
13 October 2018 | 8 replies
This is the realtor's unfair advantage, it is their job to be out in the weeds all day long both determining list prices and seeing what the properties sell for.
John Bucknum
partial owner financing
13 October 2018 | 0 replies
Probably something simple I am missing or the deal just doesn't make sense.3 condos, the owner has 14 out possible 48 in this complex and if the deal goes through may lead to more deals with her.the condos are 1/1, 2/1 and 2/2, she is asking 76k for the 2 2/1s and 64k for the one bedroom. total 216k, she would hold a second position note for 30k with me putting down the remainder of the 20% down (13,200) and pay closing costs. she would like 6 payments, one each year of 5200 for 6 years which comes out to 31200 total, about 1.5% interest rate if my calculations are correct.For simplicity, I am counting the 3 as a triplex, so rental income is 2325/month, tenants pay for electric and gas, HOA of 185(555) per pays for water, sewer and garbage as well as exterior and common area maintenance, snow removal, grass cutting, etc. taxes are 266 and insurance is 50 month (HO-6) policy which I hadn't heard of before.
Nicole Walley
Do homeowners have an easier time breaking into RE investing
14 October 2018 | 11 replies
Work hard to get promoted at your job, save/invest more of your income, about enough so that it pinches you.
Glenn Martin
What to do when you have excellent credit but cannot show income.
14 October 2018 | 14 replies
But, I recently left my job to do consulting and I have less than a year as an entrepreneur.