Joan S.
VA Loan on SFH or Conventional on a Duplex?
Hello All,I was pleasantly surprised to find out that I got pre-approved for a VA loan. I love this loan because it basically means I don't have to put absolutely zero money down, no down-payment, no PMI and no fundin...
Corey Dutton
Mounting Compliance Costs Eating Up Lender Profits
According to an article from MPAMag.com, lender’s profits have been affected by the high costs of compliance that have been mounting since 2008.
According to MPAMag.com, “Production expenses in the third quar...
Reaz H.
Repairs and Inherited Tenants
So I have inherited this tenant couple from the previous landlord. After observing the property for a while, I've come to the conclusion that the landlord was very lax with the rules and these tenants are going to be ...
Shawn McCoy
Is there a target IRR real estate investors typically look for?
I'm somewhat new to the real estate world. I'm coming in from a background in private equity, where limited partners typically target a ~25% IRR. And that IRR is key to modelling when approaching investors with busine...
Jimmy Klein
Assumable CMBS debt?
Looking at a commercial asset that has an existing CMBS loan with very attractive terms. The loan is very new actually. I wanted to know, if we were to purchase the property, how would the CMBS lender underwrite us. O...
Suha Lingam
Provo investment property - to BYU or not to BYU?
I'm looking to invest in a property in the Provo area. Should I invest in a BYU approved property or not? Pros/cons?
Nakia Addison
Inquiry house hacking
I now have a consideration for house hacking. The reason I'm open to this option is because the market that I reside in is currently above my price point criteria. Question1: Is there a cash flow criteria for house ha...
Tamara Abel
Can you charge a late fee for rent in California?
Hi! I'm new to the landlord position and have a question. I'm setting up a lease and wanted to know if anyone knew if I could, as an individual landlord, have a late fee stipulation in the lease. I am not a propert...
Alex Fenske
May 2023 Housing Market
Hi everyone, here is the housing market update I publish for clients each months. As always, there are some interesting surprises! This is data for the Chicagoland metro area sourced from Midwest Real Estate Data LLC....
Jason C.
Rental Dwelling Insurance
I wanted to see if anyone can provide feedback on Rental Dwelling insurance. I currently use Statefarm and my premium just went up from $450 a year to $500 for the year. Now I know this isn't a big jump in cost on a d...