Matthew Rosenthal
New Porch without inspection
Hi All,I am in contract to purchase a 6 unit (3 story) MFA investment property. One issue I am facing now is that a new porch was built on the building in 2015 with a permit but after the construction was finished th...
Lindsay Matz
Recommended contractors,maintenance professionals in Lakeland, FL
Hi there, does anyone have any recommended contractors or maintenance professionals they use in the Lakeland, FL area? Looking for reliable companies with great customer reviews. This also begs the question-- who do I...
Matt Leonard
Home Equity loan on rental condo - in 1st position?
Anyone have ideas for a lender who will do a Home Equity Loan (prefer fixed) on an investment property that is owned outright? (no first position mortgage). In California.I would pursue a cash-out refi, but only looki...
Nick B.
2nd position note - is this a good deal or not?
Hello all,
A couple of days ago I saw a 2nd position note offered for sale with the following parameters:
Property FMV: $178000
Property location: Illinois
1st mortgage balance: $138000
2nd mortga...
There’s a silent threat out there that most real estate investors have no idea about. It’s a threat that could take away all your cash flow, ruin your real estate portfolio, and put you right back to square one after ...
Account Closed
Screening tenant with arrest record - help!
Hi BP and Happy Sunday!In the process of screening tenants for my first ever rental property. I've read the BP book on manging rental properties, and other articles and such about the Fair Housing Act, and am wonderin...
Manny Cirino
Call to Action - Lakeland Investors
Reposting on behalf of the PCREIAIt has come to our attention that the City of Lakeland is working on a proposed Resolution and Ordinance relating to the registration of residential rental property. Code enforcement w...
Steve S.
Script for asking tenant about renewing lease and rent increase?
A couple of questions as I'd like to improve how I do this with my tenants:1) do you raise rents annually and if so, how much and how do you determine how much?2) could you recommend a quick script so to speak of how ...
Jeff S.
Small banks that will lend on condo's for investment
I am finding great deal's on condo's in the city of Chicago, but running into trouble when I try to finance them, mainly because they are less than 50% owner occupied. Other than private money, what are some alternat...