Steve Nowak
Prohibiting smoking in condos
I own and rent out a condo unit, and also serve on the condominium's governing Board. A few years ago, we changed the rules to prohibit smoking in common areas, including exclusive-use common areas such as patios. T...
Gary Robert Burnham Jr.
Tenant Short on Cash To Move In
In the 12 years being a property manager of my own properties I have meet some great tenants. I have also turned away some potentially great tenants because they simply did not have enough cash to move into my units ...
Allen Magtibay
Possibility of more restrictions coming to STR in Virginia Beach
Grew up in the Virginia Beach area and currently have a beach house in Sandbridge that I rent out over the summer. I was planning on purchasing some additional homes to rent out as ST units in other parts of the city ...
Philip Velleux
50% rule? And western Wisconsin multi- unit leads
2 questions / topics I'd like to get advice on.
1) How many of you successful investors strictly follow the 50% rule? I realize this is a pretty generic question just looking for some feedback.
2) How do I find ev...
Doug Vigliano
Capital Gains on a Rental? (CPA's please chime in!)
So I bought a house in June 2015 in Orlando, FL I currently have it rented out with an option to purchase, they tenant-buyers put down a fairly large option fee and are self-employed, the deal should close in 2019I ha...
Eva Karnaukh
Newbie from Chantilly, Virginia (DC Metro area)
Hi everyone! I am at the beginning of my REI journey from Washington DC Metro area. I have one rental property that does very well that I acquired more as a hobby awhile back. Now I am working on building my strategy ...
Amy A.
Is my pre-screening scaring away potential good renters?
Over the years I've found that people do not read my advertisements completely and waste a tremendous amount of time showing property to people who do not qualify. I've recently been sending an email to every inquiry...
Tom Knox
How do I know I will be able to Refinance a Quadplex
I am considering purchasing a quadplex in Florida that needs approximately 20K-30K in renovation to bring its rent up to the standards of the area (800/month). I can get a hard money loan for the property but i am con...
Tracey Marzich
Why won't the banks "deal"?
Last week I submitted an offer on a foreclosure listing. The bank bought back the house for $34,000 at sheriff's auction and listed it for $48,000. It's been on the market for 60 days. I made a cash offer for $35,000 ...
Matthew Cataldo
Property Selection Checklist !
Hello again everyone,
I come seeking more advice from everyone. I have mentioned before that my first investment property would ideally be a multifamily duplex/triplex/quadplex. I have created a criteria of ...