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Hello,
I was thinking about requiring renter's insurance as part of my lease. But now that I am looking over the lease documents and there is this section already in there: "All personal property placed in the leased...
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Hey everyone!I've just finished rehab on one of my rental units in my first property.My first showing is this Friday evening, and I need some advice on screening potential tenants.I have gotten some pointers along the...
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When calculating the operating expense ratio for a property, do you leave the vacancy & credit loss allowances as part of the income when you calculate the ER, or do you first back out the vacancy & credit los...
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In Pennsylvania, can I legally put a clause in the lease agreement requiring the tenant(s) to professionally clean the unit and steam clean the carpets before vacating, regardless of condition, as part of the lease? I...
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Long story short............. under my schedule e he put 365 days fair rental days when I purchased the property 8/20/14 and was really only like 120ish fair rental days. Now I cant use any of that income under Fannie...
Hello, I am new to real estate investing and currently have my first investment property under contract. I read in the book on Rental Property Investing that I should get a business checking account for income and exp...
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Hey guys,I am getting ready to buy a 4 unit multi-family property from a friend who does not want it any more but doesn't want it to go back to the bank ( moving on to a different business). So instead of $85k it wa...
How should I apply this rule to prospective Housing Choice/Section 8 applicants, or should I even apply it ?
I've seen a mixed group of advice on this topic. Some say they apply it as they would anyone else, some say...
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Please please please, if anyone has a good PM that is good with communication, sticks the their word and doesn't give up on finding a tenant, keeping the tenant and being a partner please let me know. I am so disappoi...
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I previously posted a different deal. This is a lower priced one. Below is a snapshot.
[b]Ratio Information
Loan to Value 80%
Cashflow / Initial Investment 8%
Cashflow / Assets 2%
CAP Rate 6%
TOTAL OPE...