Alecia Loveless
Does shared furnace necessitate rent discount?
Hi. I recently bought a duplex and the two sides share a furnace. I live in the side without the furnace which provides both heat and hot water. The two units are separately metered for electricity. Currently the othe...
Jeremy Helsabeck
Kansas City Team! Who’s the Best?
It’s 2021! I set goals for myself to purchase 2 properties in 2019, done. I set goals for myself to purchase 3 properties in 2020, done. I have goals to purchase 3 more properties this year. I’ve faced some challenges...
Dean Hiller
What is the YSP when not stated (Provident Funding)
The rate sheet on provident funding has a list of rates and a list of 12 day BE or 21 day BE or 30 day BE all negative. It has no columns I see on YSP however. How to go about knowing the YSP of each rate in the lis...
Tim J.
Possibility of getting use of equity in a SFH rental without selling?
I have a rental SFH with about 150k to 200k of equity in it.I have already refi-ed it to the point that taking out any more money would make the rent/loan payments upside-down.Last year I acquired with some partners a...
Adam Drummond
Online Lead Generating Companies
Hey Fellow Realtors,I am about to go back to selling real estate full time, and was curious if anyone has had any luck with any of the lead generating companies out there. About 10 years ago I tried a company (don't ...
Dylan Boyd
Bookkeeping Services - I Need Help
Hi guys,
I spent 6 years as a tax accountant before I got to my current position (Director of Finance for a commercial real estate development company). I've been approached by someone who owns a rental property an...
Joe Hines
Does anyone include automatic rent increases in leases?
I invest primarily in SFH in North Florida and my average tenant stays in place over 3 years. I love the stability, but it does mean I slowly fall behind on NOI as costs for landscaping, taxes, etc slowly creep up. ...
Henry Clark
Self storage- Financial Lending update 09 2023
Just doing an update/ checkin with our major bank. For reference they are a regional state bank. Federal lending limit around $20mm per customer as a reference point.Asked how is the financing outlook from their ba...
Jason Homa
Conventional Mortgage rate SFH vs. multi family
I'm looking for a conventional bank loan for a 2 Family home. The lender I'm working with says the rate is about 1% higher for the MF than a single family home.It's throwing all my numbers out the window!Have you had ...
Matthew Kimball
Pros and cons to buying Mother-in-law Rental
I was curious if anyone has had issues owning a rental property that has a mother-in-law unit in the basement. with not having sufficient parking or the neighbors calling the city to say there were multiple renters. ...