We have just 5 properties, but with turnover each year, it is very time-consuming to figure out security deposit refunds net of any deductions. We use a spreadsheet to track any deductions for issues caused by tenant ...
I have been running in to people that use social security numbers that indicate multiple people are using them when I run the credit report. Is this something that happens often to any of you? How do you factor that i...
Dear Jay Hinrichs,
In terms of my loan criteria, Please find my terms listed below to help guide you through
I offer a wide range financing that involves the following and many more.
a) Personal loan (unsecured...
For individual deposits with regards to renting by the room, I’ve heard advice on various BP posts that you should split up responsibility for damage to the shared spaces. For example, if there are 4 bedrooms, each te...
How do you buy and hold investors out there handle security deposits in PA -- or other states that require deposits over a certain limit ($100, in PA) be placed in true Escrow Accounts?
My dilemna is such: th...
Has anyone ran into this issue with Fannie Mae? They have a clause in their contract which states you can not finance more than 120% total of the contract price of the property...
So on my last deal, I purchased for...
What pieces of a mortgage are included in "debt" for purposes of D/I ratio? P&I? Or the full PITI? Don't taxes hit the P&L? Not the B/S? So why would taxes and home owners insurance be calculated in debt to in...
I am working to flip my second house and have a couple friends who want to be investors since it’s a larger project. The loan will be solely under my LLC and I plan to handle the coordination of the purchase, rehab an...
I have a high end single family home that rents for 3700 per month in New Orleans. I received an application from a doctor that just finished his training and will be starting a job where he makes 560k per year. His i...
Where can I get an itemized letter of damaged property as it pertains to the security deposit? I've combed the internet for NC. What am I missing?