Dom Nico
Recommendations and insights on commercial lot
Greetings.A non-profit has offered a land swap for a residential property I own. My lot is vacant, in a depressed area. I've considered building and renting single or multifamily, but do not currently have the resourc...
Christian Scalla
Accurate Appraisal Values
Hi everyone,What is the best way to get the most accurate Appraisal Value of a SFR, Condo or Residential Multifamily property?Would going online to your county's Property Tax Records be a good method? Looking up what ...
Wilson Lee
When is it correct to maximize rental income reported on taxs?
When is it correct to maximize rental income reported on our SCHEDULE E (Form 1040) for additional mortgage qualifications?For example, an investor already has a few preforming rentals purchased last year. Now that ...
Rick Bassett
Upfront cleaning fee?
During our recent wave of turnovers we are seeing that most of tenants have a rather lax view of what 'clean' really is. Our homes are cleaned top to bottom when they are turned over to our tenants but what they leave...
Brian Acosta
Waive Tax/Insurance Escrow to Lower DTI?
Looking at how to improve my DTI for next purchase and noticed that the mortgage payment on my credit report includes full escrow (taxes/insurance) which is significant at $1,200. Since its on my credit report it will...
John Atkinson
Water company scam????
How is it possible that everyone in pearl Ms water bill like doubles in same month ?? We all can't possible have leaks . I mean at least a couple wouldn't . So how can it be possible ..? And what should we do?
Raman Bindlish
Duplex comps - Sacramento - anyone knows appraising process?
Hi,I am looking to refinance a duplex in Sacramento that we bought 2 years back and there are hardly any comps available in the neighborhood. What are the ways I can estimate the appraisal of the property? Single fami...
John Marlin
Better accounting systems for new year?
Hey all! I have 10 units with a partner we’ve slowly built up over the years. This has been a side thing for us, and our accounting has been old school manual spreadsheets, along with rent collection varying from tena...
Monica Johnson
What's the best way to estimate repair costs?
I am looking at a house that's selling for 30k in the Atlanta area, comps are 150k. I have a hard money loan for 60k. I'm going to look at the house in the next couple days (the owner said he has to have it sold by ...
Samantha Swenson
Move in/move out Checklist
What should I do if a tenant hasn't returned their move in/move out checklist within the time stated on their lease agreement. Our lease says to be returned no later than 5 days at 5 PM and today is day 6... they said...