Pearly Tan
Cash-out refi rules for non-owner occupied properties
I heard on a podcast (not BP) that you will not be able to cash-out refi on any non-owner occupied properties once you hit 5. I believe she said this was with conventional loans. I can't seem to find any bank guidelin...
Rob Heim
If a property owner asks me for a tenant reference, what can i say legally?
One of my old tenants is moving into a new apartment and the property owner is asking me about him. I dont know what I can leagally say?
Thank you,
Rob
Maxwell Jacas
PLEASE DISPROVE MY STRATEGY!!!.... I need critiquing...
Goal:
Retirement for my wife and myself by the end of 2020. (ie. $7000/monthly cash flow)Plan:
Purchase and Hold inexpensive duplex properties primarily in the florida area.Breakdown:
Year 1-savings and credit b...
Wes Glass
Tenant sneaks in pitbull as ESA after signing a lease for a no animal property!
I am a landlord for a couple duplexes. Been doing this for about 10 years. My property management just put in a tenant in side A of one of the duplexes. I have a no animal policy (unless it's service animal which is r...
Thomas Higgins
Filing Annual Tax Appeals: A Guide for Multifamily Operators
Multifamily operators, you no longer need to stress over filing annual tax appeals.
In this article, we'll walk you through the steps to successfully navigate the process in any market. Let's dive in!
1. Research ...
Tarik Turner
Why Condotels Are Dificult to fund
I often get Condotels submitted for funding. These deals can get funded however not all lenders have an appetite for them. Below are some of the reasons it is a struggle.Condotels, or condominium hotels, present uniqu...
Adam Giles
Fair Housing - Therapy Animals and Pet Deposits
I have been searching around in previous discussions and have not found anything specific regarding my concern so I am posting this discussion on an admittedly common subject so people can hopefully share any experien...
Brett Cook
Does this make sense?
I'm trying to develop my search criteria for a small multi-family unit, say a 4-plex. I wanted to get some opinions on whether I understand the 10,000 foot view or not. I have selected a couple of nice neighborhoods i...
Joshua Dees
Probate+AOH+Pre Foreclosure+Uninterested Heir
Farmed a lead from my marketing. Turns out the owner is deceased, so I will be buying from his children. His children want to sell, the house is distressed, vacant. Get the property under contract for 16k. Tax Apprais...
Troy Sheets
New Construction Quadplex video walk through
Here's a link to a brief video walk through of a new construction quadplex I just completed. I bought two vacant 2-story shells that were falling down, demolished them and consolidated the two lots into one parcel, wh...