I’m looking at a property in Eastern PA (Lehigh Valley area) that has a section 8 tenant currently paying under $900 for a 2bd. Can anyone direct me/tell me what the voucher limits are for the area? Thanks
Can a loan be accepted if two people are on contract for the loan but only one person can afford it, but both have good credit scores?
Hello All - Thanks in advance for any responses. In doing a cash on cash return analysis, I am trying to use normal guidelines in percentage of rent for the following categories. Can you please advise?1. Vacancy (5%?)...
Hi, anyone here with a no-pet policy? In my last property my tenant who had the sweetest dog but left puddles in a few areas. I had to replace all the carpet and sell the house. Tenant claims they don't know, init...
As I work through some of the IRS worksheets, I am wondering whether it is normal that there is a difference in the fraction of depreciation one takes on a rental property that was only rented for part of the year, an...
Hi everyone,I would like to hear your opinions and experience with project managers. More specifically, I would like to know the pros and cons of having a project manager for your rehab projects.Also, I would like to ...
Hello everyone, Have a Tax related question and looking for some clarification. It's the first time selling. and getting some different answers from accountant, so im confused as to what to do. Here's the backgroundI...
I have a lender offering me a DCR loan at 6.99% on a 40 year fixed rate. This is to do a cash out refinance on a single family home in Hilliard, OH (A very nice community in which to live and own real estate). Is th...
I’m a NYC local who got into real estate about a decade ago as an out-of-state investor in Kansas City and I think I’ve reached a point where I have enough experience and property where I should diversify my investing...
Hello BP Community,
Currently I have been buying and flipping properties in and around the Philadelphia area. I have been offered an alternative investment opportunity to flipping. First, here's some background on...