Viktor Semenyuk
FHA 203k Loan on a Fire Damage property
I found a property that had fire damage in the attic, the repair costs for the property are estimated at about 126k, the property is posted for 318k. Estimated ARV would be in the ball park of 500k. I was thinking of ...
Naveen Desai
Crack in the Wall, Will you buy to rehab or not?
Hi, I have a fairly solid deal of a property, but on investigation found that upstairs wall has a crack like this. What could be the cost of such a repair and if everything else in the house seems OK, would you go ...
Leo Quinones
Airbnb Arbitrage in Orange County, CA
Investment Info:
Single-family residence other investment in Westminster.
Purchase price: $1,800
Cash invested: $7,000
1 Bedroom back house apartment
What made you interested in investing in...
Leo Quinones
Airbnb Arbitrage in Orange County, CA
Investment Info:
Single-family residence Rental Arbitrage in Orange County, CA.
Rental Rate: $1,800
Cash invested: $7,000
This is a 1-Bedroom Back House Apartment (House Hack)
What made you inte...
Mark Dutton
Which tenants are the best kind of tenants?
What is the best tenants to deal with? I am new but I am looking for someone who is not going to be a problem most of the time. ... college students, families, singles, etc
Bob Malecki
Higher-Priced Mortgage Loans Impound Requirements
Well, this note biz always has a new twist thanks to the feds. We just got this email from our servicer in regards to a loan that we purchased which is a fully amortized, owner occupied, 30 year P&I note at 12% co...
Rebecca Shine
International Tenant Screening
Hello!I have a question regarding international tenant screening. I have a condo for rent, and the majority of tenants that inquire about it are students, which I have no problem with. I have a rental qualifications t...
Alex Sabio
Home owners insurance
Hi, I’m purchasing a property in Huntsville, Al. My lender is asking for Home Owners insurance. Does anyone have any recommendations on how much coverage I should get for a rental property? Does anyone have any refere...
Jon K.
Should I approve this tenant?
Roommate/tenant situation.
Tenant has job and fairly good income ($50K+). Room for rent: $400something. Could easily pay that.
Tenant has a small claims - dismissed case from 5+ years ago.
Tenant has a small claim...
Steve S.
How much of a deposit can I keep? Section 8 catastrophe!
I have a friend that for some reason went section 8 with their first tenant experience.
When the tenant (shockingly) moved out, they left the following:
- random miscolored paint on the wall
- hundreds of roaches ...