I am in the process of going through the tenant application/screening process for the first time. Currently I'm writing up some selection criteria and came across a question on income requirements. I went with the sta...
I’m looking to cash out a 3 family property in NJ that I bought cash and remodeled. My main bank says after 1 year they can do 75% LTV based on appraisal. Under 1 year they do 75% of purchase price max... rates for LL...
Hello All, I am currently a property manager in NYC and I wanted to know is it legal for a property management company , that is also a real estate brokerage to market their listings and collect a brokers commission o...
So over the last 6 years I have purchased dozens of properties all which have come from the same marketing techniques as wholesalers. I have now run out of capital to purchase these deals I come across so I am looking...
Hi, I have a question regarding my 16-year-old has W2 earnings of around $14k, so he will pay $160 for federal tax after standard deduction. But using turbo tax his state tax turns out to be $588, does that sound rig...
Hey folks,I'm starting to make my rental units available for Section 8 tenants.Based on the research I've done, it seems that a standard credit check might not always be appropriate; after all, many Section 8 tenants ...
I recently had an applicant who supposedly had their identity stolen. They had a low credit score but beyond that, they were a solid applicant based on their application and references. I ran a background check throug...
Hi all, does anyone have a recommendation for a good real estate attorney in the Plymouth or Livonia area? I am planning on buying my first property soon without a realtor so I need someone that can help me with purch...
I might want to buy a fixer upper in Delaware. This is my first, so bear with me. Do I need to look for a real estate lawyer to draw up a contract? Can I do it on my own? What are the average cost for a lawyer? Any...
I had trouble with minimum balance fees at my local bank and it was driving me nuts. With accounts at multiple banks and minimums different at each institution, I could never remember what the minimums were until I c...