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Hey so this is my first deal ever. It's a 6 unit multi family development in my city. The comps that the bank has pulled are for less than what I had anticipated when buying the property. The main reason why the proje...
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Hi, can anyone help me out with this? I'm currently in the process of syndicating my first multi-family (portfolio of several properties 2-4 units) deal with private equity investors. Can I apply for investment bank l...
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TLDR landlords can't charge more than $300 for pet deposit effective January 1st and as far as rent, no more than $35 or 1.5% of the monthly rent, whichever is greater. There are a lot of other interesting tidbits in ...
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someone wants to charge more rent because applicant credit is bad. Is it legal under fair housing act?This criteria is just based on risk and not race, religion age or sex.
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Have a single family property I'm looking to purchase - it already has a tenant and good cash flow; the realtor is not investor friendly and is demanding a $1000 good faith deposit, which I do not have - I'm working o...
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Hi guys, what is your experience with low income/HUD tenants methods for paying rent? I'm thinking of getting a box at ups store and having them mail it there. ups also will take rent payments in person and put them ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $55,000
Cash invested: $60,000
My goal was to acquire a multifamily property without ever seeing it. My focu...
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A couple from out of state did a Virtual Tour of my rental apartment (NY) over the weekend. My broker said they were very nice, and are interested in moving forward. They used to live in NY, moved to another state for...
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Hi I am a new, accidental landlord learning to buy and hold. I live in the Albany, NY area and have a 3 bd/2.5ba townhouse that is currently renting for 1800/mo. It took 2 months to find a tenant so I took the best on...
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Hey Group. I have noticed some of the larger banks (B of A) are *still* hosting limited lobby hours and business hours. They cite "CDC guidelines" as their reason for this. I have visited multiple B of A branches, ...