Ken Rishel
The Consumer Financial Protection Bureau Becomes the Big Dog
The Consumer Financial Protection Bureau ("CFPB"), through its sponsors in the Treasury Department, and the Conference of State Bank Supervisors ("CSBS") signed a memorandum of understanding ("MOU") relating to inform...
Luckisha J.
landlord increase deposit with new lease
I’m a landlord in New York. I have a tenant that was paying $2000 for two years . She moved in her boyfriend with out telling me and I decided to increase her rent. Her new rent Is $2200 Is it appropriate to ask for 2...
Dana Boyd
Are you accepting less CoC Return due to interest rates?
Are you accepting a lower CoC return than you historically have due to interest rate hikes? I am finding it almost impossible to find a 30% return (the gold standard for STR's) due to interest rates being this high. A...
Robert Ortiz
Raising Rent for Deleading
I've brokered lots of rental deals where the tenant is requesting the landlord to do extra work or make improvements. Could be installing a dishwasher or laundry, refinishing floors and painting, or even more extensiv...
Mark Forest
Lease contract wording
I am going to start using a new lease contract that has more features and clauses I like. It is written in Word, so I can modify it. Are there any helpful clauses above the standard lease contract language that any ...
Leeling Chew
To Renovate or Not To Renovate
New landlord here. I recently purchased a fourplex in Killeen, TX. Asking price was $350K, but after negotiation, it went down to $333K. Down payment $87K. Each 2/1 unit is close to 800 sq ft. The neighborhood has abo...
Justin Goodin
👋What is Considered a Good Multifamily Cap Rate?
What is Considered a Good Multifamily Cap Rate?The short answer is it depends!There’s no universal standard since it relies on two main variables–your investing objectives and current market conditions.Some key factor...
Ryan Urban
Warning from a Realtor
I spoke with an experienced realtor today, and he told me something I thought I would pass on.
He told me that here in Colorado, part of the recent foreclosure increase has been homes owned by inexperienced real esta...
James M Smith
Timing of Renewal notices/rent increases
Hello All! I am newer to the forums and relatively new to being a landlord. I just purchased a home from another investor and it has a problem tenant in it. Not destructive, dangerous, etc but chronically late and ...
Richard Bader
Section 8
I bought a house that needed allot of work done on it. While I was working on the house a lady approached me and said she lived next door with her grandmother and her 2 daughters and she is pregnant. She asked me if I...