David Cherkowsky
Increasing Loan Amount When Refinancing
I purchased a rental property in June with 20% down and financed with a conventional loan at 8.125%. Obviously, with rates dropping I am looking to refinance to reduce that rate. I have a loan estimate from a lender t...
Derek Bell
Expanding PEMB for increased NOI
Has anyone ever tried to increase the size of a PEMB? In turn, you would raise the annual NOI. Let’s say you have 4 acres of industrial zoned property with a 20k sf pemb. Most developers would just utilize the extra y...
Andrew M.
Increasing HELOC on investment property
I have a HELOC on my investment property that I opened while still living there. It's with TD Bank. The property value has increased quite a bit since then and i would like to increase it, but i wasn't sure it they wo...
Andrew Pongyan
County Assesment increasing property value
Does anyone have any experience challenging a county assessment of property value? The Wichita Falls county assessment is attempting to raise my property value fby $10k for the second year in a row. I didn’t object it...
Vanessa S.
Rent increase after 2 years...
Hello everyone,
I have been charging my tenants the same rental amount since they moved in back in April 2015. After surveying rental prices in the area, it is time to increase the rent to keep up with the current ma...
Angela Yan
Columbus Property Tax increase Ouch!!
Hi! Just bought my Multi in 2018 and now just got my adjusted tax bill. It went from $$$$ to $$,$$$. Almost 2.5 folds. I guess assessor went on purchased price of the property. Anyone tried fighting this? I was ...
Account Closed
Loan Modification Rate Increase Question
Let me start with "I'm a newbie."I've started hearing a little bit about rate increases for homeowners who used the government's Home Affordable Modification Program (HAMP) loan modifications beginning in 2009 (5 year...
Alejandro Flores
How to Increase response rate
So I been marketing with yellow letters first couple of months the response rate was at 2-6% response rate, now it has gone low as to .5%. It's been 5 months since I started the campaign. I been using similar letters,...
Joe Windsor
Rent Increases During a Pandemic
My wife and I are coming up on our 1 year of owning our first rental property (Duplex that we live in one side and have updated it, have tenants on the other side and have done minimal updates). We remember of the 4 y...
Logan M.
Multi-Family increasing net income
What is the best way to increase your overall net income in multi-family housing above 5 units: Rent increase, passing on utilities, Tech package, etc?
Specifically, when you inherit tenants from a past owner and don...