AJ Wong
Mortgage Rate Collapse: Suddenly the game has changed
Mortgage rates declined to their lowest levels in over a year, a sample of more than a dozen industry professionals said they were quoting most borrowers in the high 5% to low 6% range on government loans and in the m...
Sean Flanagan
STR Profit, what to do with cash?
Hi all,Not sure if this is the right place for this, but figured I'd start here. We're coming up on the 1 year anniversary of our first AirBnB, short-term rental. We're in a seasonal market and since closing, we hav...
Steven Thomas
What do you pay for ongoing maintenance?
Hi everyone! I'm doing some research for an upcoming venture, so I've got some questions for you pertaining to maintenance on buy and hold and cash flow properties. Understanding of course that some of the answers wil...
Erik B.
What Did You Do To Reduce Your Water Bill For Your Multifamily
Hi All,
I'm curious to know what strategies all of you more experience landlords have used to reduce your water bill? I heard submetering, tankless water heaters, drought-tolerant landscaping, etc. Not sure where ...
Glenn Brathwaite
Advice For A Newbie Buying A FourPlex in NY
Hello everyone , I’m 26 years old I have a stable income and I am looking to buy a multi family 3 units and up. I have never owned a property. Someone will co-sign with me if necessary. My issue is New York is quite p...
Jason Malabute
Solid C Area Investing: Lessons from Due Diligence
Investing in an apartment property located in a solid C area can be a lucrative opportunity if approached strategically. The most important step is to really be familiar with the area you are investing in. For example...
Roy Gutierrez
lock expired, who pays the fee to extend
Hi,I'm doing an FHA loan and today the lock expires (current rates are .25 higher than my rate), I was on top if them since it was urgent from me and the loan officer wasn't to happy with this and basically they took ...
Account Closed
The $100 repair deductible paid by tenant - good or bad?
I have been noticing a growing trend in my local market in Virginia. Tenants are required by their lease to pay a $100 deductible per repair to the property. My gut tells me this is a bad idea and would lead to proper...
Caity B.
FHA 203(k) general contractor in Metro Detroit?
This is a VERY proactive post, but I know finding a general contractor can take some time so I wanted to put a pin out now.Does anyone have either a recommendation for a specific general contractor who works with FHA ...
Jose N.
High maintenance costs.
What are the options to help mitigate maintenance costs. These vintage Detroit homes are lovely but they sure are higher maintenance due to their age. Service warranties? A recommend contractor? Any experienced advice...