helocs are usually 80% LTV correct? i found a lender who would do a heloc on my rental property i own free and clear, not my primary residence...they will only go up to 50k and DTI is flexible (around 50% with top...
I have an opportunity to pay off my mortgage by the end of the calendar year. At the same time I have been waiting for this opportunity to make my first real estate investment. I figure these are my two choices:1. p...
Getting conflicting information and I want to stay within the law...what is the maximum I can raise my tenants rents? Looks like an up-charge of 10 percent maximum once ever calendar year. Can anyone confirm?
So 8 years ago I purchased my first rental property it is now paid off but renter is only paying $350 per month he is a family friends dad who only draws ssi however this family friend is a millionaire. So rent and sa...
Hi
I’m a landlord of 4 units building. We have a problem with water bill we receive every 2 month from city and is $200 more than before! So far, city didn’t increased their water, so we fine with it. More then that...
New starts are going up, new multifamilies are growing like weeds in my area. Will the saturation of new apartments and single family rentals slow your ability to raise rents in the future? As inventories increase dem...
Just did my first rent increase notification to a tenant, from $900 to $1,050. Effective Nov 1. I just bought the place three weeks ago and she was m2m. I could get $1,100 for the place.
Yeesh. Was a tough phone call...
Hi guys,
Im planning to build a driveway in my triplex here in Connecticut, there's plenty space and I have all the permits to do it.
Now, the topic it's on how much would you charge per space, or would you include...
I think I know what I am going to do but would like to see what others think.Closed on 14 units in late Sept fully leased. Seller had a 4 pg lease for tenants with no other documentation, not even an application so I...
Hey all, had a question that's been nagging me and wanted to get some thoughts.I'd like to hear how investors increase monthly rents (residential) to their tenants. Do you have a percentage increase every year built i...