Account Closed
Where do i draw the line in saying yes after tenant screening?
Hello everyone,I have been getting great feedback so far so I decided to reach out for help again and post another question. I have screened my first tenant and after review i decided i wasn't really sure what an aver...
Shefali R.
Key documents/questions before making an offer on a multi family
We have just viewed a 3 family unit which we want to make an offer on. Verbally we have rent rolls and info that everyone is paying and that appropriate green card is in place (New Jersey requirement). Before making a...
Brian Balthasar
Being Over-Leveraged in a Recession
Hey Guys,I've been hearing the term "over-leveraged" thrown around a lot in the forums. What is a healthy balance of leverage to have? At what point do you consider some one to be over leveraged? Can anyone provide an...
Jason Richards
Auction.com in Connecticut
I just sold my home and found a great fixer-upper but it turns out it’s on Auction.com and the auction starts in 3 days. This is intended to be my primary residence but they will only accept a cash offer. I’m okay w...
John Moore
What are we all going to do?
Hey all,I’m reaching out to get an opinion on this whole online buying craze in the housing market. So it’s been talk for a little while the Zillow and a few other companies are going to start buying your house almost...
Sam B.
Short lease terms for retail and industrial
Hi guys. I’ve come across a deal which I like, that has good upside. The only issue is that the most of the tenants have short lease terms, <5yrs. How do you go about a deal like this? I am guessing the bank wi...
Justin Simoes
Legalizing rental property on Long Island
I am currently thinking about buying a house in Nassau County NY. It’s an expanded cape and the upstairs has 2 identical apartments with seperate utilities from the main floor. I would live in the house while renting ...
James Gardner
Should I sell or refinance and pull money out?
Hello,My goal is to purchase rental properties; my primary residence has about 200,000 dollars worth of equity and I love the house and its location. Should I sell my house, or take the equity out of the house to purc...
Sam G.
Tenant Doing work?
Currently I'm having a new shower put in because the old one failed and is leaking down to the basement. Also some rotted wood framing in that area being replaced. Tenant's brother called me saying he was told they wo...
John Arendsen
April Is Earthquake Preparedness Month In California. You Ready?
April Is Earthquake PreparednessMonth In California. Are You Ready?April Is the official month dedicated to "EARTHQUAKE PREPAREDNESS" There are things you and I can and should do to help ourselves, our families and ou...