Shay Nabors
Section 8 Window Screen Requirements
HNY! We had a unit turn over and would like to fill vacancy with a Section 8 tenant. We have never been through an inspection but I know we need screens in all windows.
Do the window screens need to open? I've seen...
Nancy Ramirez
WHOLESALING IN TEXAS
Can someone advise on the legality and procedures for wholesaling in Texas?
Cody Haptonstall
Using Rental Calculator for Vacation Rentals
I am using the Rental Calculator for analyzing a vacation rental. I'm looking at a 2/2 for sale for $375k. Using 20% at list price and 4.5% IR and using actual income and expense numbers provided by the seller for 2...
Michael Kalisch
What cap rate do banks use in multi family appraisal?
Im analyzing a 6 family deal in NJ and trying to figure out the value after filling up the units and getting market rent. After all repairs and At market rent the cap rate will be at 8% So what is the the cap rate tha...
Nick Albin
Landlord when I was a kid
Just sharing a story. For some reason this afternoon I was thinking about a landlord my mom used to have. I was fixing a loose gutter for my tenant and her son was outside talking to me. He is about 7. Cute kid.
W...
Robert C.
Maryland Closing Costs - 12k on a 106k loan??
Hi, my lender is quoting 11.8k in closing costs on a 106k conventional loan for a property in Baltimore County. This is just for closing costs + prepaids, excludes discount points. It seems insanely high. Does this s...
Quincy Miranda
Wholesale Foreclosure with no equity
Hi Everyone! I am new to real estate investing and I have jumped into wholesaling. I sent out my first set of mailers a week ago and received my first call! The seller is very motivated and he wants to save his credit...
Damien C.
Investing in condos
I've heard a few people here mention their preferences for SFH's over condos as investments. And I believe some folks have justified this preference as a matter of control over their property--i.e., while the condo-ow...
Amby Bhagtani
Why do we think property prices always go up in the long term?
I have a very basic question (almost sounds silly), I keep hearing property prices always go higher in the long term (not referring to short term fluctuations). Apart from that's how its been historically can someone ...
John Williams
Strategy for my first RE investment during COVID
Hey all - I've been thinking about real estate investments for several months now and learning a lot from this forum. I'm interested in finding a SFH property to cash-flow. I'm too nervous to buy an out-of-state prope...