Ellis Dudley
Water Link in one of my tenants rooms do I discount rent until?
How should I treat rent payments/no occupancy problems when I have water leak in room that is being repaired? Should I put the one tenant in a hotel? Adjust rents? There are 2 tenants in this 2 bedroom apt with a livi...
Andrew Taylor
Walk Me Through a New Development Deal Structure
I'm considering a new student housing development at a nearby university with a chronic shortage of student housing. I'm curious about financing the project - specifically, how would I convert it from what I assume wo...
Troy Biggham
New to the Landlord world
My wife and I just bought a fully renovated 4 unit building in DC with plans to rent it out. I’ve listed it in several place’s but it doesn’t seem like it’s getting any traction. Keep in mind I am a rookie who did hi...
Wayne Courreges III
CREI Partners: What is an Internal Rate of Return?
In a previous blog we looked at "cash-on-cash" returns to provide a good measure of immediate and ongoing annual returns an investor can expect. However, this metric did not take into account an important element...t...
Diante Lawrence
Multi family/running numbers
How do you run numbers on multi family properties? I know how to do everything with a single family home, but i am not sure if the same rules apply to multi family.
Robert M.
Should I refinance my FHA 4% interest loan with PMI to a conventional loan at 4.375% without PMI?
I obtained an FHA loan for 240k at 5% with PMI back in April 2009. In 2013 I received an offer in the mail to refinance my loan to a streamline FHA loan to 3.5% interest rate, the mortgage company didn’t lock me in...
Jitao Niu
bank increased my mortgage interest rate by 0.75% for no solid reasons
A local bank suddenly increased the rates of several loans, resulting in over $40,000 increase of interest annually.
when I found out, I asked for the reason. They said it's because I did not follow the rules for mar...
Allen Wu
Would you buy a new AC unit or pay $500 annually?
Hi All - I have a rental property closed back in 2015. The AC unit was installed in the late 1980s. The Unit now requires annual maintenance (Freon refill and tune up). The cost has been going up everything year. Rece...
Nick Causa
Knock money off rent?
Quick question: We’re new to landlording and a pump in our tenant’s unit broke leaving them unable to use the kitchen sink for 5 days until the plumber can replace it. We bought the house 2 months ago knowing the pum...
Dominique Garmon
Wholesaler relationship with real estate agent
In Louisville, Kentucky as a wholesaler we cannot list the property on the MLS with a realtor so he/she can get commission if the realtor finds a buyer. Also it is illegal as a wholesaler to put a property on the MLS,...