Chris Rogers
New York section 8 Specifically Long Island
I’m going into contract on my first rental this week. It’s going to be a section 8 rental in Suffolk County Long Island. I’ve ran the numbers up and down and they work well. I’m unsure about a couple of issues tha...
Account Closed
Driving 1100 miles round trip to babysit a few flips. Should I mentor?
Doing 40+ flips a year in florida and recently expanded to some GA properties when my AM throws me something up there that I "should take". Having to drive 1100 miles tomorrow to do 3 quick inspections on various h...
Andres Piedra
Contract Verbiage: How would you interpret this statement from a legal perspective?
"KITCHEN FRIDGE WILL BE REPLACED WITH STAINLESS STEEL FRIDGE CURRENTLY IN BASEMENT"
Would you think the person selling the house would be required to move this giant fridge to the kitchen or just leave it in ...
Evan Cochran
Refinance Rental Property -- HELOC vs Cash-Out Refi
Hello! I bought a two-family house in Somerville, MA a couple years ago that has appreciated a good amount. I currently owe $285,000 on the mortgage at a 3.35% interest rate for another 25 years, and believe it will...
Lois Ginter
Inherited Tenant - Rent above Market - Questionable Siutation
I am purchasing a property with two out buildings. There is personal property in these buildings that may, or may not, belong to an inherited tenant. If the tenant does own this personal property, it indicates that ...
Samuel Eddinger
Have you ever had to deal with a fair housing violation claim?
To summarize this long post, it is a fair housing violation for landlords to actually be conscious of the source of income type when making a decision to rent a property but once it is rented, we better recognize imme...
Jan Falk
Professional Tenants from Hell- Animal Hoarders
I have been doing this for a long time and these are the worst. Animals hoarders (two with three kids), have done same thing three times in five years, should be a support group for landlords, lawyers, psychiatrist...
Michael M.
Punching bag
Long term goal: own positive cashflow rental property in southern California (I'm aware cashflow in CA is low compared to other markets).Short term goal: earn and learn what it takes to own positive cashflow rental pr...
Brent Skaling
RE Rookie standing at the fork in the real estate road (still)
I've been down the podcasting and "self education" path for close to two years now but I'm still taking baby steps. . . more like crawling. This spring, i took out a cash out refi on my primary residence, to use as do...
Logan Crowder
Are these plausible ideas for a no money down strategy?
So, I have a problem. I'm a Realtor... Not that the field of work isn't great or anything but being a Realtor means I'm self-employed which also means I can't get a conventional loan from a bank or broker until I have...