John Woodington
Worth Losing Money to Keep an Awesome Mortgage?
I'm considering buying a new home and keeping my current house as a rental property. Last year I re-financed this current property into a 15 year fixed rate mortgage at 2.875%, which I love. Monthly expenses (PITI) ...
Zach Gulbransen
Using AirBnB and Rental Arbitrage in Downtown Area
Hello,I'm looking to rent an apartment in downtown Minneapolis, MN, and put it in AirBnB. The apartments are exceptional high-end living spaces and are quite expensive to rent. What's the best way to ask the leasing a...
Freeman Schultz
Vacant apartment questions
In New York City a common practice among some landlords is what referred to as "warehousing" where they take vacant apartments off the market because it is less profitable to rent them out.Another reason why apartment...
Will Barnett
The rate freeze
What is your opinion?
Personally I think it is a terrible idea. It's just gonna slow the bleeding, at least until rates adjust again and we are back in the same situation. I swear, when I hear Bush promoting it I g...
Sarah Msuya
Actual Cash Value v. Functional Replacement Cost Insurance?
Hello everyone,
I am under contract on my first long term buy and hold rental. It is a 4BD/1.5BR SFH in Auburn Maine. I am paying $113,000 and will be replacing the roof on it this spring. Everything is currently fu...
Woralak Bryant
Can I keep tenant security deposit for insurance deductible?
So my renter of 7 months called me up and said that her son and her nephew was playing with a lighter and fire started in the bedroom. She called the fire department and it's all under control. Everyone was fine exce...
Stephanie Phillips
Seller's omission has caused me harm--
I purchased a 4-unit building gut rehab in Chicago, with a 203k loan.The contract had an “as is” addendum.My contractor applied for building permits with the City of Chicago building department.They were advised that ...
Pawel N.
Dogs Making House Unrentable
I'm renting a house to a group of guys in a college town. I've never had issues with them over the last two years. Rent is always on time and communication has been good.The house has an upstairs and a downstairs. The...
Sara Soleimani
Tenant Trash Hoarding - Refused to let us in
After three months of giving notice to our tenant to inspect the property and getting refused and canceled last minute, we finally entered the condo and faced the disaster. Massive trash accumulation and hoarding. I c...
James Slaughter
Hypersensitive Tennant
BP landlord's! Last month I rented a one bedroom corner unit apartment to a new tennant in a 100+ yr old historic building that really is an amazing space. Tennant was young, great personality, awesome references, c...