Marques Alston
NJ shore sandy storm damaged
Are people reluctant to buy sandy damaged homes that only had few feet water damage on first floor? There are quite a few great deals that are homes right on the jersey shore water (step out back onto huge decks with...
Deisy P.
Tenant Prospects and want me to make exceptions
I listed my unit for rent. I repeatedly mentioned a 600 credit score. The prospect emails me back to tell me about their hardships. They mention family, health, they can pay upfront but how can I let them down? The cr...
Will King
Private Lender Experience
Does anyone have any experience with this lender or know of anyone that has experience with this lender? Marvin Edward George with World Financial Solutions? I'm getting a lot of emails with people saying they are pri...
Tristen M Walker
Back Of Envelope Analysis
Hello there!When you guys/girls are looking for a new property, what are some quick calculations you do to determine if the property is worth pursuing? I know of the 1% Rule, 50% Rule, Cap Rate, Cash on Cash Return an...
Jennifer Mora
Limiting number of tenants
I have a 3-bedroom rental. Is it ok for me to list it as a 2-bedroom with office? Also, can I limit the number of tenants to 2? If it's ok to limit number of tenants, is it discriminatory to not rent to a 2 adult/1...
Eric Guasch
Florida Mortage Servicer License - Net Worth Requirement
Hello All-I am interested in applying for the Florida Mortgage Servicer License. According to statute 494.00721, the company must maintain a net worth requirement of $250k in order to originate and service the debt on...
Todd Willhoite
Tax implication of having my LLC manage rental held individually
I am purchasing a rental property in my own name in order to get conventional financing. I have an LLC with rental property in it. It would be easier to keep track of expenses and in renting the property to tenants ...
Steve Richardson
Shopping for a lender
I am in the process of purchasing a home (conv. 30yr) and have met with one lender thus far. I notice that it is frequently recommended to shop around to get the best rate possible. I realize that may make the most s...
Rebekah Nation
Tenant added to lease/renewal
Hi! I was hoping you all could provide some input. I’m a nurse and bought my first residential rental a little over a year ago so this is all very new to me.I have a decent tenant in place (was in place when I bought ...
Serena Du
House hacking with/without HOA
Hi,I am looking to house hack my first property in DFW area. The area has many homes with HOA. Should I be avoiding HOA? Or does it matter?My concern is that HOA might vote against me renting by rooms when I move out....