Lisa Carpenter
Minimum 3x income - before of after taxes
Should a potential tenants minimum income be 3x the rent, before or after taxes?
Ben Russell
ESA letter advice
Hi all.
We have a tenant that is not supposed to have any animals. I was at the building doing work and she had a puppy. She said she just got the dog and was in the process of getting her ESA paperwork.
A few day...
Thu Trinh
Physicians Loan
Has anyone ever heard of/used a physicians loan? I heard about it in passing from one of my colleages, who said he's taking one out from Bank OF America. 3.5% interest, low minimum down payment, and no PMI. I looked i...
Alberto Furet
Pay down mortgage or create an emergency cushion?
I have two rental condos, one here in San Diego and the other in Chandler,Az, and I was wondering how to best use the cash flow. Should I use the cash flow to help pay down the mortgages or should I use it to build...
Marc V Palmeri
Smoking violation / tenant security deposit (Massachusetts)
Hi,I have tenants that are ignoring the no smoking addendum in their lease and smoking both weed and cigarettes in their unit daily. So far I've only communicated via text or face-to-face that they are violating thei...
Joe Szymczyk
TAX Time...Deductions needed to get income down
Hello real estate peopleI have a situation where this year i have to pay to the IRS on taxes..Situationmy AGI income is 160k....work In IT for a big corporationi have 9 houses, i maxed out the deductions...repairs, su...
Anthony Nichols
Cold Calling - Finding phone numbers
Well Im finally ready to start calling some motivated sellers. I have all the property information I need but no way to get a hold of the homeowner on the phone. What is the best way to get an unlisted phone number? W...
William Allen
Cash out refinance success
I wanted to post the story of a rental house that we purchased a few months ago and just got done with a cash out refinance. The numbers are great and I think they will give some of you the motivation needed to pull ...
Michael Dunn
Using a VA Loan to Purchase a Foreclosure ......
Good Morning ,So I'm currently browsing through some Foreclosed / REO properties in my area , of which some of these properties are in good areas and within my budget/What I can afford ( DTI wise ) My question is .......
Donald Moreland
Applicant is trying to trap me into an ESA violation
I own three rental homes in Central Texas. After a recent full remodel, I listed one for lease with no smoking and no pets. One applicant listed two persons and a cat. I decided to waive the cat and we started negotia...