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Im in the " south market" I have found a ranch style, brick 4 plex ( 2bedroom 1bathroom in each unit ) 2,688sqft with a paved parking lot, built in 1980. Tenants pay water and electric listed at $89,900.00It has been ...
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All,
A disturbing trend here in the SF Bay Area. You file an eviction on someone, they demand a jury trial. It only costs them a $150 deposit to do so. If they convince the Court that they are low incom...
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I have an owner occupied conventional duplex. It’s been a year and wanted to try to FHA into something bigger. 3-4 units. Lender is saying the underwriters won’t buy that I would move from a duplex to a 3-4 unit and s...
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So many of us, especially newer investors, agonize over the underwriting of a deal, and rightly so. However, often very little thought is given to the screening and management process and that is evidenced here in the...
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Im going to be buying a 20 unit apartment property.im doing seller financing with 15% down on a 395,000 price with a 6% interest monthly rent total is $8,215 when fully occupied, 17/20 are rentedmonthly expenses:water...
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I’m in Pennsylvania. My prior tenant is threatening to take me to small claims court over my retaining part of his security deposit. I have a couple questions. Is a text message considered written notice?Do I need to ...
Hello all and thank for taking the time to read my questions and answering them!
I am a new investor in real estate and I am from West Michigan. My goal is to buy my first multifamily property by May of 2017. I am f...
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Screening tenants is an important step in the property management process. By thoroughly vetting potential tenants, you can ensure that you choose reliable, responsible renters who will pay their rent on time and ta...
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This is by no means all of the guidelines..... Just some basics. This past month FHA has gotten much more strict and fine tuned their guidelines. Single Family Residence or The rental units are an owner-occupied two (...
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So I’ve come across a gentleman who has recorded several second position liens on various properties but can not locate the actual notes. It’s my understanding that this isn’t unheard of but looking for some directio...