Eric Kellam
Section 8 housing late fess in Ohio
Can a landlord charge $5 a day late? I lost my job waiting on my unemployment I paid $100 they accepted it never said anything about late fees at all I got my unemployment I paid it on full. They are charging $5 a da...
David J Rosas
Chicago: New construction permit & building permit in Chicago
Where can I find a map of new construction permits and new building permits issued for the city of Chicago? I‘ve found a list of permits but it’s almost useless because you’ve got to look up each address for every per...
Doug Haisten
Using the Wholesaling Rental Calculator
I need to analyze a rental property with an ARV of $91K. The property owner is asking $$69.3K and is rented and needs very little repairs. The current rent being paid is $625 but the rent should be $725 (Rentometer). ...
Roddy Knowles
Debt to Income Ratio and Property Sale Income for HELOC
I'm in the process of finalizing a HELOC on my primary home. According to the lender, my DTI, not LTV is what is causing the loan amount to be a bit under what I'm looking for. They'll go up to 90% LTV but I'm cappi...
Account Closed
how do u respond to "Your bottom line?"
a lady said her house was worth 130k, so i asked her what her bottom line is. she came back at me with, "Well i am not sure, i would have to think about it. what is YOUR bottom line for me?" i wanted her to tell me a...
Leo Don
Investment formula
Hello BP, I just read a book on real estate investing and it contained a formula of making a offer on a house with 80% of the property value. I'm thinking that means after analyzing the CMA one should make a offer 80...
Pranay Verma
Cash Flow in Michigan
Hey Folks, I am planning to get a property in Michigan, a turn key rental would be great, but I know they’re hard to find. what areas do you all recommend sansei as you guys are deep rooted in the market. I am also lo...
Gabrielle Freiha
Anyone with experience outside the US?
Hello, I am the owner of 5 properties but allure outside the United States. Mainly Greece and Dubai. Anyone here with similar experience?
Patrick H.
Quit Claim Deed Transfer Tax and Basis
The property is located in California.
I am filling out a quit claim deed for property that my brother and I have in joint tenancy. He will quit claim deed his portion to me.
1)
For the transfer tax calculation,...
Ryen Farnworth
HELOC or cash on hand for down payment
Hello! This is my first post here. I’m currently living in a rental, own a property that is rented out and buying a new primary residence. I’m trying to figure out if I should use the cash reserves I have for a down p...