John Hatch
Realtor rental commision -- every year???
Over the past year my wife and I have been able to rehab 3 houses and rent them. In two cases we weren't able to attract the right tenants ourselves and went with a local real estate company. They charged one month's ...
Praneeth Nadipalli
Hostile Environment: Rent/Fee Payments Refusal
Hi All,Seeking some legal/landlord advice for a novice.I currently have my first rental for college students, its a 4bd, 4 bath apartment with individual leases and a shared common area, hall and kitchen etc. The 4 te...
Christopher Beahm
Update on 7.00% Second Home and Investor Property Limits
7.00% Fannie Mae and Freddie Mac Delivery Caps. Fannie Mae and Freddie Mac continue to tell their mortgage lender customers that they cannot deliver more than 7.00% of mortgag...
Mitchlyn D.
Duplex Question Purchase Question
Would you purchase a duplex on a street that had about 10 other duplexes on both sides?Maybe i'm overthinking this but i'm concerned about too much competition.
Amanda Salvatore
Construction loan on owner financed land
Hello! We’re in the process of purchasing land from my mom using owner financing. We plan to start building our primary residence using cash to pay as we go (we own a construction company). We’d like to still get a co...
Michael Kalisch
What cap rate do banks use in multi family appraisal?
Im analyzing a 6 family deal in NJ and trying to figure out the value after filling up the units and getting market rent. After all repairs and At market rent the cap rate will be at 8% So what is the the cap rate tha...
Caleb Stevens
Referral for Carpet Cleaners?
Hello! I recently just purchased a duplex in the Pittsburgh market and I am having a tenant turnover in the next feew weeks. I wanted to ask if any of you guys have a reference to Carpet Cleaners who would be willing ...
Sharon Wang
Advise on Buy and Hold rental numbers in Benicia CA
Hi - this is my first post on BP. I've been seriously contemplating purchasing this 2bd/1ba condo in Benicia. Purchase would be at $170k, given price of other condos in the East Bay Area, I feel this is a pretty good ...
Derrick Moody
Section 8 Housing
So I am interested in converting my home to section 8 once I put it up for rent. My question is how do I do this or what is the process and then secondly is this a good strategy for attracting and maintaining long ter...
Daniel Fisher
Rental Property rehab
I am currently rehabbing on of my rentals. It has an evaporated air system currently and I was considering putting in a mini split ac system. It would make the house feel more comfortable and I would be able to charge...