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Philadelphia Hard Money Lending Market Conditions
Looking for local investors in the greater Philadelphia area willing to provide their thoughts on local hard money lending. What are some of the criteria that you have considered in comparing lenders aside from LTV, p...
Kelly N.
Bank will only allow 30% of LLC's funds for closing and down payment costs
Hi all,Anyone heard of this policy? I am trying to find out if it is just Quicken Loans or if this is a Fannie/Freddie stipulation.We are in the process of buying a 3rd rental property. We bought the first 2 in 2013...
Farshid Khazaei
In your opinion Is EMD a scam?
I have a deal in Texas that the seller is asking me for money for EMD, and he is firm on this. Do you think I should pay now or not?Thank you for your guidance.
Nicholas Sorace
How much should it cost to transfer my property to an LLC?
I just bought my first property I am working with a lawyer charging $260 / hour. I have no idea what the standard rate is for these services ism particularly in Ohio, so if someone can provide some input here it would...
David Bergmann
STR Admin Assistant - New Hiring thoughts?
Hoping to get feedback from other STR operators. Has anyone hired an admin role that can help with the small operational task like purchases, re-stocking units, checking after cleaners, and any other small task that ...
Thomas O'Donnell
Need Some Advice for a Potential Tenant That Approached Me
I currently have my duplex listed on multiple sights and it has been for about a month now. I have had some leads but most of them were either section 8 or did not meet one or more of my minimum requirements. I recent...
Greg Koszkul
How to screen college students for your apts
How do you guys go about renting to college students and ensuring you are finding tenants that will be respectful of the place (i.e. not trash it and throw parties?) Are there ways to know or screen for this when stud...
Lisa Bujulian
HOUSING MARKET UPDATE
TX HOUSING MARKET UPDATE : From the Texas A&M Real Estate Center Journal, Jan 2017PIPC relates to the personal income per capita used to represent income growth.PIPC growth in Texas has outpaced housing price grow...
Carlos Rodrigues
Big Deal on Screening Tenants!!
Good afternoon BP I hope everyone is doing good today. For those who don't know me I sum up who I am and why I'm on BP real quick, then I'll ask my question.My name is Carlos Rodrigues and I'm new to this real estate ...
Martin Guerrero
Can I deny Felons and Sex offenders for rental properties?
When posting mininum qualifaction standards are there standard or general clauses for felony charges and or sex offense charges. We would prefer to not rent to sex offenders as we are in a condominium as well as clos...