Svetlana Kleinhenz
How much rehab do I need for a rental?
Hi, fellow investors! Please help me to understand how much rehab do I need for my new property.
Formally, the house is move-in ready: everything is functioning. But it was built in fifties, and the inspection report...
Vincent Plant
Covid Rental Assistance Program - The fine print??
My tenant sent me some forms and asked me if I could fill them out so she can apply for rental assistance. The state of PA offers funds to tenants who qualify due to the impact of the pandemic. They require me as the ...
Chris T.
What would you do with 2 single family rentals?
I am thinking of cashing out 2 SFH, in class A/B areas. Gross rent for both is $3700 per month. If I cash them out to a 30 year FIXED mortgages, I would probably get $320K to $340K. My monthly PITI payments would be a...
Ashley Jones
What’s the repercussions for no longer wanting to sell your condo
I can’t call any real estate attorneys since it’s the weekend & won’t know till Mon. I have a contingency offer where I need for my place to sell if I buy. I was under contract for a property to buy & no longe...
Paul Smythe
Should I consider rentals at 90% ARV if rent is 2% of total cost?
I understand there are plenty of variables that go into an investment, but I'm wanting to know what initial reactions are to the idea of paying 85-90% ARV (after purchase and rehab) for a property that will satisfy th...
Patrick Liska
criminal background
Just wanted to share this article with everyone, recent law about discriminating against a "class" of criminals, rapists and murderers. no longer can you do a background check for that. what do you think ?http://www.i...
Jehan Jaleel
How does this sound for a Pet Policy for Dogs?
I am trying to rent out my house in NJ (rent is around 2500). I don't mind cats but I prefer not to have a tenant with dogs. So if I say that a dog would be $80 a month extra, would that be too harsh? If it is could y...
Robin Simon
MND: Fed Hikes Rates; Rates Drop Sharply. Here's How That Works
Good Recap by Mortgage News Daily on yesterdays FOMC and ensuing reaction of mortgage rateshttps://www.mortgagenewsdaily....There was some debate as to whether or not the Federal Reserve would hike the Fed Funds Rate ...
Eric Black
WI Lenders for out of state investors?
Hi all,We are purchasing a property in WI and have been looking for a lender but have been struggling. We have a bank, Bank Mutual, who will do the loan but their fees are a bit high. All of the other banks we have co...
Jackson Long
How to not lose money without submetering?
Closing on a 5plex. Just got the submetering quotes and they are.... 5x what I thought they would be. If I need to go forward with shared utilities what are somethings I can do to mitigate the damage?