Gary David
How much is too much rent increase?
Looking at purchasing a tri-plex and one of the tenants has been at the property since 1998. (WOW!) his original lease was for $450 his current rent is $490 he has 3 bedrooms plus use of the full basement for storage ...
Alecia Loveless
How Soon to Raise Rents?
I closed on a terribly mismanaged 8 unit mid April. Rents are at a minimum of $450-$750 below market value. 4 of the units are MTM, 1 is currently vacant that I have a tenant lined up for at full market value as soon ...
Laura Gray
@Carl Mathias you got it right.
In the recent Consumer Financial Protection Bureau report on housing, the chart on page 11 Table 1 foreshadows that increased foreclosed properties are coming. In the last recession 2008-2012, we saw large capital in...
Rebecca Belnap
The Feds Raised the rate today
Just got an email that the fed raised the rate by .25 today. That was expected. What wasn't expected is that instead of planning to do 2 more increases in 2017, they said in the meeting that they are planning 3. I'...
Yaya Y.
FHLB V LIBOR rates? PROS/CONS
I would like to know everyone's opinions on the scenario below.You want to get a mortgage for 650k, one bank quotes you with an interest rate of x basis points over the FHLB 5 year rate, and the other bank's rate is ...
Jason Krasavage
Chicago Rentals - 2021 Property Tax Hike, Passing onto Tenants?
Curious about everyone's thoughts on this. 2020 was a weird year for so many reasons, but one result of the pandemic here in Chicago was a temporary decrease in Assessed Value of properties for the 2020 fiscal year. O...
Clara Mayberry
Help---Loan Officer
Hello Everyone,
I have a quick question, please help
How do loan officers help when it comes to investing?
Bryan Greenwood
Banking products and online banking
Just curious! What banks would you recommend for deposit accounts and online banking with low or no fees? Online banking would have to be able to download transactions into QuickBooks. Thoughts! Ideas!
Henry Clark
Self storage- Political impact November 2024
Responding to a question about Political impacts and Self-Storage in a discussion.From a political standpoint, don't see a change in the stock market. From a performance standpoint, I see a big change. Price/Earning...
Carrie K.
Oakland COVID rent cap
I notified residents of a rent increase of around 7 percent, since we'd banked a few years' increase. The City of Oakland then passed an Emergency Ordinance capping rent increases, which states: "any notice of rent in...