Jamie Powers
San Diego reasonable cleaning rate?
My wife and I have spent the last week and a half cleaning a rental of ours. What is a reasonable rate that can/should be charged for cleaning required to return the unit to rent ready condition (minus normal wear and...
Anthony Angotti
Hamsters
Hey BP,Does anyone have any experience with tenants having hamsters? I have a tenant that would like to have one, but I have no clue what (if any) problems are associated with hamsters.We allow pets with a pet fee, bu...
Ruijie Liu
Penfed HELOC experience
I'm interested in opening a HELOC account on my rental in WA to fund my next deal. The rental property is owned free and clear, so I'm looking for a LTV >= 75%. After asking around, it seems PenFed is the only bank...
Jason Kim
What are the promises and offers to make when borrowing Private Money
Hello BP members,
I am studying hard to become a rehabber and here are some questions to ask to some of seasoned investors in this forum about private money.
I have enough money to fund one project to flip and I am ...
Jessica Flint
Portfolio loan questions
I'm talking to a lender about taking my only 5 rental properties and doing a portolio/blanket loan. The loan amount is $400,000. He quoted over $14000 in closing costs! Is this normal?? It would be a 30 yr fixed a...
Joshua Sun
LLC / Business Checking Account on First Property?
I was wondering if it makes sense to open up an LLC after closing on a first property?Or would it be okay to simply open up a separate checking or business account to keep track of taxes at first. Do you even need an ...
Courtney Nguyen
how to read COI from a contractor
Hi all,I have 4 rentals that need tree trimmings. I have reached out to 2-3 contractors for estimates and also asked them to provide COI. One of them sent theirs with the following info:Under Description of Operatio...
Jeffrey Zhang
the lender doesn't allow second lien
I'm refinancing a 8 unit apartment, I'm trying to add a HELCO after finishing refi. but all the lenders doesn't all second lien, is this normal?
Paul Leone
Leasing my condo to a business/property manager
I am a longtime landlord that has normally just rented my unit to individuals after I complete my normal background and credit checks. Then I have standard 12-month lease that covers me and my condo appropriately. I...
Bob Hines
Great Article
http://www.minyanville.com/articles/sox-bks-spx-hgx-indices-fed/index/a/19378
Has some interesting information with how bad the stock market has done after each intervention by the government.
Very interesting in th...