Christine Herbert
Managing Rehab in Florida Remotely
I'm looking at an investment rental about an hour and a half north of Orlando. The property cash flows well but will require a fair amount of rehab work. Even including rehab it's still a good deal.
I live in Maryla...
Paul Vang
Total Estimated Debt when Auctioning
I'm trying to understand how auction works. The example below shows a starting bid at 175k but I'm not understanding the estimated debt. Does that mean if I win the auction, I'll be liable for the debt as well?
Joe Henderson
Owner is deceased
I've gotten tons of help from people on my other discussion regarding the encumbrance report but now there is a different twist. The owner of the property is deceased. I was looking around the obviously vacant house a...
Ayana Lugo
Attention Florida Landlords! New Tenant Approval Law!
According to an article that has been published in the Florida Realtor magazine, there is a Florida law that will become effective on July 1 that requires an owner or landlord to approve or deny a tenant application f...
Patrick Tsui
Buffalo Investor Based in San Francisco
I am a Buffalo RE investor (buy and hold) based in San Francisco. My goal is to own 10 properties within the next year (I currently own two) with a future goal of owning 100 properties within the next five years. As...
Vitaliy Merkulov
Do bad tenants cause higher rent prices?
A lot of people are saying that the reason why the rent prices are going up so much is because there is too much demand and not enough rental units available. But could bad tenants also contribute to the rent spikes?A...
Steven Ferraro
Holiday season tipping
I recently bough bought my first property in NH and have it managed by a property manager. Does anyone tip their PM during the holiday season? I’m thinking a nice bottle or couple bottles of wine wouldn’t hurt?
Furth...
Tyler Warne
Is a recession coming? Can you afford it?
As interest rates rise there will be decreased purchasing power. This automatically decreases the amount of house, duplex or whatever we can by (if a loan is required) based on the debt to income ratios that a bank of...
Armando DeGuzman
MLS Search Criteria to Find Good Deals?
Wondering what type of MLS search parameters are used to find great deals for listings. Also, what other listing services are recommend (i.e Zillow, Redfin, Trullia, Realtor, etc)?
Brad Hasseler
Down payment cash or heloc?
I would like your opinion. If you have 20k cash and 30k in a HELOC what would you use for a downpayment?My thought is pay the downpayment with the HELOC and keep the cash as a reserve for needed repairs.