Michael Blizniak
Getting started with FHA loan
Hello I'm new to this forum here, made an account today. I'm 20 years old have a job with decent income for my age and living at home so I have virtually no bills. Both of my parents own their own business. My mom a h...
Steve F.
Tenant went from a mental hospital to jail.
Long time reader, first time poster here. I’ve had people die, become drug addicts, and just leave… But, this is a first.Here’s the background... In the last 4 months, one of my tenants went to a mental hospital 3 tim...
Shandrea T.
How to propose potential offer for neighbor whose father passed?
Hi All,There's probably other posts out there on this but I'll be honest I'm short on time between working full time and family life so I appreciate any insights. My parent's neighbor passed away and the Son is handl...
Diane G.
Would you ever rent a group of college students?
Hi - I have a SFH that is curently on the market for rent... It is a very middle class neighborhood, and my asking rent is $3150, which is roughtly $400 below market...Got several applicaitons after the first open hou...
Andre Turning-Araujo
Condo In better town or Single family in Lesser town?
Single male here so schools at the moment don't really matter and i really don't plan on having children for a few more years.Condo is located in my parent's complex.I grew up there so i know the area.Single family ho...
Kyle Nigro
Students paying rent
Hi everyone,I recently purchased a SFH close to a major university in the Long Island, NY area. My question is how I should have my tenants pay? Should I charge students month to month, or full for the semester (4- ...
Jessie Niu
Advice PLEASE! Can't use gift money for investment property??
My mortgage broker just told me that I can't use gift money from my parents as down payment for investment property due to the rules from FHLMC and FNMA. What? I never knew this! The mortgage company can't give me the...
Jason Holtzinger
Building on owner financed/lease purchase land
WARNING, long post! But i think I pose a very interesting question/topic for
disaster stricken properties if you make it to the end.
Hello, My wife and I have been presented with the opportunity to purchase a
piece o...
Daniel Miller
Sometimes you fall into a deal...
I was not looking to add anymore properties this year. First, I am broke. I spent everything I had in 2014 and anticipated spending 2015 fixing up the properties I purchased and boosting rents. Second, I thought I had...
Ben Le Fort
Take the equity or hold long distance rental?
Hi All,I have been pondering a question lately and thought I would get everyone's thoughts on the subject.My wife and I live in Ontario, Canada and we rent a house in Nova Scotia to my parents. My parents are consider...