Nolan Mahoney
Can i still qualify for FHA / 5% down if i change jobs?
Hello,So i am planning to get Pre-approved for for either a FHA loan or a 5% conventional comming within the next few months, and i have a good job opportunity that would raise my income. I dont plan on taking any tim...
Troy Sabin
Should I be hesitant to give Corporate Housing long-term leases?
Hi. I recently acquired a townhome in Asheville, NC that I'm operating as a furnished mid-term rental. I have been contacted by multiple corporate housing companies that would like to secure long-term leases and then ...
Emanuel Ohunwu
Purchased my 1st multi family house
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $200,000
Cash invested: $5,300
Purchased a duplex from another investor in Ft.Worth, TX. The duplex already ...
Dan S.
New landlord/applicant questions, etc.
I have a property that I recently rehabbed and I have on the market. I had it listed for a couple months and brought the price down due to no applicants (but I had had lookers). My post said no dogs, cats only. More ...
Marc V Palmeri
Smoking violation / tenant security deposit (Massachusetts)
Hi,I have tenants that are ignoring the no smoking addendum in their lease and smoking both weed and cigarettes in their unit daily. So far I've only communicated via text or face-to-face that they are violating thei...
Russ Wiese
Wear and Tear or negligence on water heater
I'm working on returning a security deposit and am having a hard time deciding what to do with damage to a water heater. I'm hoping those with more experience can shed some light on the decision. Purchased property ...
Ryan L Grinstead
Standards for your tenants. What are your minimums?
What are the minimum standards you set for tenants applying for your rental properties? Obviously following fare housing laws. For my area it is a lower income area. Not the best part of town.
Annette Radvansky
Property Managers and Security Deposits
Is it normal for a property manager's agreement to take the tenant's security deposit and hold it for the life of the lease? A PM I considered stipulated this in the contract. It also put the liability on me to pay it...
Ian Dunross
Multifamily Financing Plan
Hello everyone,Hope everyone is doing well this weekend! I'm looking at some 6 - 10 unit complexes that require a commercial loan. The loan officers don't mind if I use my own money for the 25% - 35% down payment , or...
Danny Johnson
Private Lenders Are Hiding
Hello all.
I was just trying to get some ideas of how others are finding private money lenders. It seems as though the ones that charge the lowest fees and interest are not advertising that they lend. Hence the nam...