Dave Godfrey
1 of 3 tenants wants out of his lease and asked about his security deposit
Hi guys. I have a group of three young professionals living in a property. I have a ten page plain-language lease that states the lease will renew for another year if the proper notice has not been given. I received...
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Russell Brazil
Fannie/Freddie 7% Mortgage Bond Limit
A lot of people have been talking about this new limit, without much perspective on the issue. The issue is that the GSE's, Fannie/Freddie are going to limit the number of 2nd homes and investor loans that get rolled ...
Cheryl C.
How to "income qualify" a section 8 tenant?
What ratio's do you LL's use to qualify a section 8 applicant? I have a prospective tenant with a voucher for $1,575 (the rent amount) and an SSDI income of $908/yr. This person also receives food stamps in an unkno...
Lane Babin
Is discounted rent for 1sr responders legal?
Is it legal to offer a discounted rent rate to 1st responders? It's legal for regular business, but I have a feeling it is violating some type of antidiscrimination laws for HUD with respect to renting. Can someone mo...
Sharon N.
Bookkeeping for Landlords
How do you keep record of your income and expenses for your rental properties?
Robert P.
What would you do?
I am in the process of renting out my 2nd floor apartment. I have had several people lined up for viewings this entire week (I took advice from others the last time I listed my other apartment and really screened peop...
Rick Trevizo
Cash out refi advice?
Hello everyone, hope you all are staying safe and in good health. I need some advice regarding a cash out refi. So I currently own a 4-plex in Phoenix and currently have a loan balance of $295k. My current rate is at ...