Randy Lehey
Qualifying a tenant with a dog
I'm currently in the process of releasing my duplex and I've never been a big fan of having animal in my unit. I recently had an application that looks good on paper, but he has a dog. I am considering allowing this g...
Ana James
Holding deposit confusion
I applied for an one BR apartment at a community in CA. The leasing manager was able to convince me to deposit the holding deposit check the same day even before filling my application form. I submitted the check aft...
Andrew Nelson
what is the process to get a property section 8 approved?
Hello I am still new to the investing world, so any advice would be helpful. I'm considering a purchase to use as section 8 rentals. It does not already have voucher in place. What is the process to get section 8 ren...
Vernon Johnson
First Rental Property Investment
Is an FHA 203k loan recommended for your very first rental property? I’ve been reading different ways to get started and this one sticks out to me the most.
Christopher James
Companion Dog....Charge a fee?
I've got a potential tenant that has a companion dog (with a doctor's note), not a service dog. Am I able to charge him a pet fee in MN? I know that it isn't legal to charge for a service animal. Thanks for your in...
Graham Nash
Lease with the option to purchae
I'm about to place a new tenant in a property that I would like to sell within the next year. I'm sending him the lease in the next week. I would like to offer an option to purchase, but I've never done this. -Do I pu...
Bob Milen
Converting Multi-family
Hey all,
I currently own a 6 family in Astoria, NY. Currently, the apartments are setup in a 2br/1bth railroad style (think 5 really long rooms one after another). I have notice some owners across the street converti...
Andy Young
increase the rent?
Hi!
I am buying a $140,000 3 bedroom two bath duplex. All comparable rents in this area on craigslist (and the zestimate for rent) are 750-900 dollars. There is a woman in one of the units that is only paying ...
Alkis Valentin
Where do I find washing machines for a laundry room of a 4 unit?
Hi. I am starting renovations of a 4-unit which I own in Yonkers, NY in May. I am thinking of using one room in the basement as a laundry room, with one washer and one drier. I was told by Hercules (www.hercnet.com) I...
Mike Hoherchak
Analyzing a house-hack, do you include your own "rent" portion?
Since this Superbowl is super boring this year, I decided to analyze some properties for practice. I'm looking to purchase a residential MF and live in one of the units using a VA loan this year. I'm focusing on 3 and...