Emeka Attoh
My First property - Buying OOS
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $85,000
Cash invested: $40,041
I got this OOS as my first investment property. My repairs for this property was abo...
Account Closed
Buying Foreclosures for Investment
Hi. I'd like to buy foreclosed homes to rent out. Thing is the bank says I need 20% down payment to buy the homes for investment purposes. Is there any way around this-I know the bank would rather sell the homes than ...
Horacio Gutierrez
Getting a loan with 3 free and clear rental properties
Hello,
My Dad's friend has 2 (SFH) rental properties free and clear and is retired. He recieves a social security check and his total rental cash flow is about $2800. How much will the bank let him cash-out refinance...
Jerad Grace
Sending Holiday Cards to Tenant
Was thinking about sending out Christmas cards to tenants. I only own 1 rental property and both my tenants are fantastic. I was even thinking about a small $50 amazon/gift card for both of them? How common is it to...
Chad Rakestraw
Beginner getting into a 10 unit out of state.
I am a brand new investor looking to buy my first property and came across a 10 unit out of state that has a really good looking P&L. There are minimal repairs needed and the property seems to be in really good sh...
Pat Jackson
What is a good tenant worth?
I looked a duplex about a month ago, and have been meaning to ask this question since. This is an up/down duplex. Each unit is 3 bedroom, 1 bathroom. Already 100% rented.The top unit rents for $575, could probably ...
Don Petrasek
Property Use Doesn’t Match Cuyahoga County Records
I have a client who bought a home at the cuyahoga county sheriff’s sale (located in city of Cleveland). I noticed that the Occupancy Class in the county records is two-family, but its set up as a one family includin...
Edward Stephens
Owner Financing House Hack???
I am a licensed Realtor in Kansas and Missouri, and successfully house hacked my first property starting late last year in Olathe, KS. I'd like to leave my first duplex, lease the entire building, and move into anoth...
Calla Williamson
Pet fee/deposit on a large 3 bedroom home
I am unsure how high to set my pet fee/ deposit. Most people say around $250! But our rental is going up for $1850 per month. 3 bedroom/ 3 bath. 2000 sq ft. My husband says one months rent for a pet deposit, but that ...
Alex Zipeto
Is inspecting only one apartment discrimination
I was wondering, in a multifamily property, is inspecting only one(out of 2-4 units) in any form "discrimination". Would I need to provide a reason for only inspecting one unit and not the other? The reason would be t...