Quick question regarding DTI for a Fannie loan. As I understand that new rental income (less then 2 years) is calculated as:Gross rent * 75% - DITI = income added What I don't know is whether or not the DITI still cou...

Read my story as I explain how one small property management lease omission can cost big bucks.What Happened:I own quite a few rentals in Bridgeport, Connecticut. After heavy rains yesterday, I got a phone call last n...

So I had a fun call today, a lead calls in asking all kinds of questions and turns out to be a cop! I was transparent with him but just couldnt satisfy his suspicions and he was really hacked off to my amazement. His ...

1. Fleas.  It takes at least 2 weeks to get rid of them.  Chlordane does magic.2. Clogged main sewer.3. Clogged sink or toilet.4. A sink and kitchen table full of dirty dishes.5. An abandoned vehicle.  The city sent m...

Hey All,I am a real estate rookie, again. I flipped mobile homes from 2016 to 2019 (about 2 dozen). Took a break to renovate my own house and am now looking to get back into real estate investing. I am interested in p...

Hey team, My name is Chris Hoffmann, I am a small business owner based in Dallas, TX. Just finished up the winter Rookie Bootcamp where my wife and I have decided to leverage a HELOC from our primary residence to inve...

I’ve been using the same insurance broker for around 4 years. He’s written dozens of policies, rentals and flips, vacant and occupied.I’ve recently gone and gotten a few quotes from another broker and they came in a f...

Tenant is saying they never used the sink and water is bubbling out of it. seems like a clog drain. Can I charge the tenant to get it unclogged?

How would you handle tenant not informing of major issues including sewer back-up/and not following lease provisions that caused it in the first place?Have 3 adults zero kids living in a rental 3 bed single family hom...

I was wondering what you landlords do with your kitchen and bathroom sinks (and drains) between tenants.

I've gotten into the habit of using a bottle of Drano Max for all the drains in between tenants. I had another...