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The title of this post may get me into a little bit of hot water, but I ask that any moderator read a little further before drawing conclusions. I hope this term helps to serve as motivation to other investors, and th...
Hello! I have a four bedroom three full bathrooms property that is currently occupied. I charge these tenants $2000 per month for rent. I verified the fair market value with Basic Allowance for Housing at $2169.00. ...
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TL;DR:
Decided it was fair to keep deposit of $770 for 5-year tenant for no cleaning, large scratches on floor and trim, hooks in walls, satellite dish installed on roof, and large stain on deck. He sent threatening...
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What would you do? We have an artist community here and I've had a new tenant (white) and her boyfriend (black) sign a lease last Friday. This is in a historic black neighborhood - it's important, you'll see. They gav...
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“Conservative underwriting is dead.”
Rob Beardsley brings up a great point. It’s extremely difficult to be an active real estate investor in this market if you are using extremely conservative underwriting technique...
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Hi,I am a new investor and actively looking for deals. I have researched some of the HML's and didnt' really like to percentage of "skin in the game" that is required upfront. So, I decided to go the PML route. I a...
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How did this weather affect your properties? Or why does anyone like winter?Besides all the snow that we are getting this year (here in Philly we had 5 snow storms and super low temperatures, 25-year low). I got my fi...
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Does anyone use Stessa for collection of monthly rental income? What program do you use for rent collection? (automatic late fee generated program)
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The real estate market is often the subject of speculation and forecasts, some predicting downturns or even crashes. However, based on my extensive experience and observation in the field, I believe there are strong r...
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Hi guys,
I need some urgent advise.
I am experiencing something that I didn't think could be the case.
I am about to close on a condominium in Virginia Beach and am completely out of sync with my buyer side agent....