Justin Jaeger
Is a house on corner with no backyard a bad idea?
Across the street from me, a single family home sits on a corner lot(on a semi main road, across the street from a middle school) and has virtually no backyard(you can fit a BBQ and about 4 chairs). Is that automatica...
Linda Mandet
Looking for Refi with low Closing Costs
We are looking to Refi an investment property but have been quoted $4500 to $6300 for closing costs. Goal for Refi is getting rid of Mortgage Insurance currently have 4.87 int. rate was hoping to find around $2500 for...
Samantha Lanphere
Appraisal Woes
I had 2 bad appraisals in 1 week.
I was able to have 1 of the rehabs appraisal adjusted.
The other rehab, still working on the appraiser. The contract price is $100k, the VA appraisal came in at 94k.
There have been...
Shafi Noss
LLCs and LPs and Death,
Hi everyone, I'd love to hear any thoughts on how LLCs and LPs (in a multifamily syndication for example) behave after the owner passes away. I've also wondered if an investor can enter a syndication or flip as a mone...
Sam Amir
Moving Thermostat Options?
Hey Everyone,So I'm currently enrolled in the school of hardknocks and learning things along the way...we recently bought a 6 unit building that has the buildings thermostat inside one of the tenants units. The previo...
Kyle Hipp
Fire on porch of upper/lower duplex, what to do going forward.
So I got a call on July 4th at 2:45am from a frazzled tenant. He says there was a fire but it is now out and the fire department is there. Now this was my first home and I fixed up nearly everything on this house. Met...
Laramie Hiebner
What do you do with estimated repairs?
If you calculated say 200 a month in repairs and you make no repairs that month. Do you count that as cash flow or put towards cap ex? What are people doing in that situation?
Alejandro Ferrer
Landlord pays gas and Tenant abuses
Hell bp community, quick question. I’m wondering if a landlord,who pays the gas bill,can tell his tenants to not have the furnace on when no one is at home. Usually during morning working hours. The gas bill has been...
Kyle Deutschmann
Freddie Mac expands guidelines to allow rental income from ADUs
For all you potential (and current) house-hackers out there - Freddie Mac announced recently that they are expanding their lending guidelines for conventional mortgages to allow rental income from Accessory Dwelling U...
Joseph B.
Buying a Section8 property
Considering buying a Section 8 - multi-family property, mostly 1b/1b and some studios. Im looking for information on how can I best predict the monthly rent for the section 8 units. Thank you