Pranitha Shandi
Removal of Pet from the Lease
My current tenant has moved in with a pet 8 months ago. The lease is set up to call out a pet (with the total rent showing the advertised rent plus the $30 additional pet rent) and an extra $300 non-refundable securit...
Angela Rawson
PM signing up a tenant
We now have another hopeless PM company in Philadelphia who have left our home empty for 3 months before doing a single thing. They are now only noticing things that need repairing. They started advertising for a ten...
Derek Brickley
What Impacts My Mortgage Terms?
This article is from an interview we did to address which factors can impact a buyer’s mortgage terms.
- Can you outline what factors of a buyer’s financial profile can influence their mortgage terms?
Almost every...
Preston Brown
Advertised Rental Income
Hey BP! Quick question I'm hoping you can help me understand. When looking at properties for sale, I often see something like "Rental income = $1,200". Is this number usually talking about after expenses and mortgage ...
Hai Le
Charging flat rate for utilities
Is it legal in Oneida County in Upstate NY to charge tenants a flat rate for utilities? Example $1300/m for rent + $50/m - water $50/m for gas/eletric
Lian Shi
Section 8 rental property
Hi group, I saw a deal in my REIClub mailing listing, the asking price is 16.5K, needs some work, mostly clean up and comestic. Section 8 rental is $1245-$1500. It's a few minutes away from Baltimore Downtown. ...
Dimitri Paspalaris
New Military: invest in hometown or next duty station to use VA
Hello all. I am currently stationed in California but my hometown is Jacksonville, FL. I currently have 50k to play with and was wondering should I wait till my next duty station in 1.5 years and save some money up. N...
Andrew Massino
Higher Long-term Rental Demand than Expected
Question for the Group: My wife and I have a tenant moving out of our rental house this month so we posted the house for rent on Zillow for a price that we thought was comparable to the area (we actually thought the p...
Andrey Y.
Count social security and disability as income?
Hello all! Do you count social security and disability as income to calculate 3X gross of the rent? Seems like it would be a constant and reliable monthly source of income, but I have never come across this.
Sara C.
Property is not renting
Any feedback on the Randall neighborhood. I have a unit over in this area which is not renting. The complex is full of other tenants but for some reason I cannot find anyone. Is the Congress Heights changing or still...