Sean Price
This is supposed to be a good deal, but the numbers don't work
I found this 6 unit multifamily. Here are the numbers:Monthly income: $5450Yearly income: $65,400Total reported expenses: $22,900 for the yearNOI: $42,510. He is asking $425,000 for the property which puts it rig...
Dovid Staples
How is a small fish supposed to JV with the big(er) fish?
Hello BP, this is not really a "how do I get started" question so much as a how do I finish getting started question. I began to pursue commercial real estate about a year ago when I realized the SFR market here was s...
Ramon E Alvarez
When is the Landlord supposed to turn in the keys to the Tenant?
My Tenant’s move-in date is Monday 16th of August. I’m asking him the time he’ll be coming to pick up the keys and he says that he can come pick them up Saturday and do the inspection right away.Should I do this Satur...
Mubasher Riaz
Short sale on this property, what the heck am i suppose to do next?
ok got a call from a lady today, she has a multi family unit that has $120,000 mortgage due on it, bank said they are willing to do short sale for it. My question is how can i flip this to an end buyer? Is there such ...
Daniel Scott
not on the loan but am supposably on the deed how can i verify
im new i know nothing about owning a home and supposably my names on the deed just not on the actual loan. id like to verify for myself before i give up an apartment. are these things part of public record? where woul...
Clyde Stackhouse
My home is a FHA , NIFA and i'm not suppose to rent? what to do.
SOOO. long story short my wife and I bought our first home almost 2 years ago with a FHA / NIFA Nebraska INvestment Finance Authority. We didn't know we would want to rent this home out at the time but we are now movi...
Alan Y.
Tenants Yearly Lease expiring.. was supposed to stay longer but will now leave at end
Tenants lease ends 4/1/24. I reached out 2/1/24 to see if they planned on moving at end of lease and they said they would be staying through Fall 2024. On 3/5/24, I get a text that they are moving 4/1/24 now. This ...
Mila F.
We only approve fixed dogs/cats. Are we supposed to exempt ESAs from this rule?
I have a young couple with a retriever puppy bombarding me with inquiries. I told them puppies and unfixed dogs would be a no-go for us. They said they don't plan on fixing the dog because they want to breed him (!!)....
Jeff L.
What type of insurance am I supposed to get for a buy and hold rental property?
Is it home owner's insurance, or liability insurance, or both? With an umbrella policy is that three separate things?
Pandu Chimata
Fennie Mac and Freddie Mac - New rules in Aug
Hello team, I heard yesterday from loan agent that some new rules are coming in the month of Aug that will further restrict the qualification in terms of getting loans or increase the % of interest if certain limits a...