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being charged 5.125% mortgage rate for credit score of 845.
Hello,I am buying my first out of state investment property in PA. 3/1.5 SFH.Purchase Price is 110k , needs a new roof, some TLC. Planning for 20 % down.Similar fixed up properties there are going for 150-155k in tha...
Kevin L.
Leasing to Insurance Customer
I have a property that until recently was rented long-term. When the tenant of 8 yrs vacated I freshened up the place and now plan to lease part of the year short-term and the other part I'm hoping to get a 5 to 7 mt...
David Ingram
Do you stay away from rentals with no Central Air?
Hi BP, because of my budget for real estate I am working with, a lot of the properties I am looking at do not have central air. In anybody's experience, does this factor into people renting your property? Do people te...
Jorge Abreu
Determining your in-place expenses 🫰
A property's operating expenses are those that it incurs on a monthly or annual basis and are considered regular and continuing. Expenses like this include things like property taxes, insurance, maintenance, administr...
Brad Wood
DC security deposit deductions
BP community,Property is an English basement located in Washington, DC.Is there a definitive guide to what you can and cannot charge your tenant for repairs/upkeep out of their security deposit? For example,- my tenan...
Jacob Kurian
Rentometer & Other Sources
I'm a new investor currently putting in offers for an investment property. How accurate is Rentometer for finding market rents? Is it worth paying for? Does anybody have any advice if they've used it before? Does anyb...
Marilyn Casey
Any thoughts on charging a retainer fee?
Hi....everyone, with the increase of gas prices, and the uncetainty of would be homebuyers, is there anyone out there charging retainer fees that can / will be refunded once a home is purchased? There are a few of m...
Brittany Guimond
Rent by the Room Pricing Strategy..?
Hi friends! Considering a rent-by-the-room approach for a property we may purchase. For those who have experience with it, how did you price your room? I looked on rentometer, apartments.com, furnished finder and face...
James P.
Non Renewal of Lease, Selling home.
Hey everyone,
This is the first time I rented and next time I need to do a better job screening. I found out my tenant was committing welfare fraud recently. The lease ends at the end of June but I was trying to get ...
Stephan Nemeth
Breaking lease
I just bought a fourplex and literally the day after I closed one of the tenants had his job relocated. He still has 8 months left on his lease and he wants to break it. My initial reaction is to charge a three month...