Paul Bjerke
Liability if new tenant can't move in on time?
This hasn't happened yet, but has anyone run into a situation where the new tenants sign a lease to move in say Aug 1. Say the current tenants lease expires on July 31. What options have people used if say the exis...
Spencer B.
Current Tenant Wants Lease Purchase Option
My current tenant of 1 year has shown interest in purchasing the home. She has been an excellent tenant and has good financials and seems to be a good prospect for a Lease Purchase Option. I have read on some of the...
Nick Shri
As an Investor should I ask for Closing Cost from Seller?
I have been scoping some MLS listings lately and have found some potential properties with numbers working. Do you as an investor ask for closing cost from the Seller? My numbers skew a little left if I pay full closi...
Steve Bach
Private lending upfront fees
Hi all.I am a new private investor and am looking for info on how to set up the documentation processing my own loans. For example people are asking me if there are any upfront fees. I am currently on a website which ...
Mae Tariman
cash out refi closing cost
Hello all! Is it "normal" to pay $15k for cash out refi closing cost for 220 loan??? I still owe 162k, house value is approximately 280-300 but the quote given to me has 305 as estimated value (pending appraisal), but...
Jeff Takle
Tenants want technology!
The National Multi Housing council released the results of a survey last week of 1,000 renters and their preferences. Findings of NMHC’s Apartment Renter Technology Survey include:
* Lower-income renters are...
John Bradley
FHA Streamline Refinance on Rental
After speaking with about 5 or 6 mortgage companies, I found one that was more than happy to do an FHA streamline refinance on my rental house. ($51k, 3.375% down from 5.5%). The companies that said no did so for vari...
Laurence Smucker
Past bankruptcy recovery issues
I am having problems with a past bankruptcy, what are some of the ways that you have repaired your financial record post-bankruptcy?
Wade G
Selling a property/rent collected
When selling a rental property, is it usual/customary to reimburse the buyer the portion of the rent for the rest of the month after closing? For instance, if closing were held today, 2/16, would I need to reimburse b...
Andy Lanyi
How to deduct escrow costs
I am buying a new set of apartments, I trued to look up if I could deduct the cost of escrow. The answer was you have to add it to your cost biases. Not sure what that means. Does it mean you have to add it all up a...