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I have a duplex in northern Detroit, Michigan (near Wayne State) that was recently rehabbed and is fully occupied. Tenants are great and on time with rent payments. I have a bridge loan that is set to mature soon and ...
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I have a few people interested in a house that I am advertising Rent to Own, and i'm having a little trouble pre-qualifying them. I'm trying to get an estimate on how much of a home they can afford based on their debt...
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Ive come across a situation where it looks as if most portfolio lenders are only interested in doing business with me only if I live locally in the area. Most also will allow me to use their services if I have a busin...
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There are way too many scam artists out there claiming to be legit people to fund money for real estate investing. I do not have family and friends to rely on to get capital I need for real estate investing. I hear ma...
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Hey BP,
I’m reading Managing Rental Properties by Brandon Turner and have a question about pre-screening and rejecting tenants. In this section of the book, Brandon lays out 7 types of tenants you don’t want to rent ...
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I am looking to offer on a multi family property. Currently the owner pays electric for each unit (10 total). Each unit is separately metered and I would like to get them to pay for electric themselves. Looking for ad...
Here is how we screen and find quality tenants. Do you do things differently?http://www.jmbgrouppm.com/blog/item/22-how-to-scre...
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Hi there!
1. What counts as income? Are bonuses included?Home Ready and Home Possible have Avg Median Income limits (Philadelphia $84K)- I meet this requirement if I don't include bonuses (from referrals and perform...
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Hello everyone:
I have bought a property in Montgomery and wanted to rent it through the section 8 program.
I will manage this first unit on my own and see how difficult it is. My question is, which website do you ...
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Found a 3 BR 1BA bungalow style home in Richmond. I'm submitted my first offer today.Sq Ft = 1,018List Price = $65,000Initial Offering Price = $32,000Max Limit = $40,000ARV = $125,000Realtor Fees = $7,000Closing Cost...