Atwan Kwan
Pays Rent!...... but loves cats.....
My tenant has been with us for a year and a half. Rent is about 15% over market with a rent increase 6 months ago and they haven't missed!HOWEVER ...... when I sent a contractor over for a few minor violations (smok...
Keoki Kimzin
Inherited tenants: Keep the 20-30 yr tenant hoarders?
BPers!I'm closing on a 4 plex in a C neighborhood. Two of the tenants have fairly maintained their units but the other two have trashed theirs (hoarders). Both of these tenants have been in the units for 20-30 years...
Account Closed
Transfer Taxes on Double Closing
How many Wholesalers doing Double Closings are paying the Real Estate Transfer Taxes?These can be quite expensive in some places. For instance The State of Pennsylvania charges 1% of the sales price and the munici...
Jesse Olsen
Is car debt bad debt? First time mortgage applicant, tips needed
Howdy, Hope the detail proves to be helpful, I would appreciate all the helpful feedback I can get. Will be applying for my first mortgage loan in the next 5 months and want to ensure I am in the best position I can p...
Marie Machosky
Emotional Support Animal - Bogus "Documentation"? FHA, ADA, HUD
Hi all,I'm new at this landlord gig and I have a bit of a dilemma. A tenant asked if they could adopt a pet; when I replied with the information regarding deposit and pet rent, I never heard back until I followed up t...
Christopher Vaughn
Sending Unsolicited Offers to Get Properties Under Contract
Hello fellow BP Members,I'm a wholesaler in the Seattle area and focus primarily on homes that are in foreclosure. I'm curious if anyone uses the tactic of sending direct mail that is in the form of unsolicited offers...
Gerry Tenebruso
Question about down payments on a investment property
Hi all,
Is it absolutely necessary to put 20% down on a investment property? I'm trying to buy a duplex in the suburbs of Philadelphia and was told I have to put 20% down
Thank you,
Gerry
Joseph Hennis
Best cities in the country for appreciation AND cashflow
My strategy thus far has been to find properties that cash flow $300-500 a month in areas that appreciate. While the cashflow I have earned thus far has been mediocre ($3k-5k/yr for last 5 years), the appreciation has...
Varinder Kumar
I want to sell my house on my own, NO REALTOR
I would like to sell my house on my own to save on commission fees. I live in CA so it is legal for me to sell my own home. I need some guidance however as to what paper work is involved and how i go about getting tha...
Tim Vecchioni
Is this a good decision? (Refinancing 1st home that's rented out)
Hey BP. Back for another analysis question! We own a townhouse that we lived in for a year. We were robbed by our neighbors, which sucks because it was/is a nicer neighborhood, but they are all drugged up and decided ...