Hi everyone! I purchased my first house about 6 months ago and am unsure of what to do. It’s a small home. One bed one bath. With a large back yard. It definitely has space to do an adu. But I’m running into problems ...
I want to purchase a rental property in the Philly area and have about $50,000 in liquid funds and would ideally like a property that at the very least breaks even from all expenses. Is there an ideal area in Philly w...
Hello! My wife had purchased a house in September of 2020.We both have work from home jobs now so we need more office space and are looking for an upgrade. We would like to purchase our next home through a VA loan, to...
We're a property management company and a new client wanted to rent her current home and buy a new home. She did not qualify for the new loan without using the rent of the old house as income. Lender told her to get...
Hello all,
Wanted to ask some advice about funding your first property. My plan is to get my first property as a rental by getting a conventional mortgage where I hold the note and then rent accordingly. I would the...
I had an applicant called me a few days ago asking about a 1/1 unit I had for rent, I told her that it was just rented.She asked for how much, I said $1000 a month,but since I have already rented the place and signed ...
Good day all!I recently bought a 4-plex as my first investment property and am having some issues with the lender.The first issue was that the lender surprised me on the HUD by collecting 3 months advance taxes+insura...
I have an executed agreement to purchase a property which the property is also up for tax deed auction in a few days. Within the purchase agreement the seller has agreed to pay the taxes to remove the property from sa...
Screening tenants is an important step in the property management process. By thoroughly vetting potential tenants, you can ensure that you choose reliable, responsible renters who will pay their rent on time and ta...
Okay, so the first tenant I chose (who had perfect credit and a clean criminal history) did not end well-stopped paying rent after 4 months-some neighbors mentioned to me they were not very favorable neighbors (they a...