Karen Johnson
Planning to Purchase With HELOC Funds. Need Help With The Basics.
Hello fellow BPers!
I've been reading related posts on the forums, but I need someone to explain a few things to me slowly and carefully, LOL.
Here is what I would like to do:
-Take out a HELOC on one of my invest...
Kaylyn Schroka
Investing & Managing Out of State Properties
I would like to invest in single family properties. I am from Michigan, but planning to move out of state. I would like to invest specifically in Michigan because I am familiar with the surrounding areas. If I invest ...
William C.
SFH rental property HOA: Bylaws out of line with Oregon state practices
We have a SFH located in the state of Oregon that is utilized as a long-term rental. The home resides within a HOA. The HOA recently stated their intentions via notice that they intend to make the HOA an owner-occupie...
Drew Johnson
Pet Fees Deposit / Rent
I haven't typically allowed pets, but I want to know what are standard fees to charge for pets. I am thinking the following:
$250 non-refundable deposit total$25/month per pet up to 3 pets. Am I in line with what eve...
Praveen Balaji
Primary Home Mortgage
Hello forum.
I am looking to upgrade to a SFH in the Fremont/Milpitas area and am looking for a way to finance the purchase. Here is my situation:1. About 10-15% downpayment available in cash2. Planning on selling cu...
Srinath Shankar
California condo depreciation
Newbie from the bay area, California. I have only invested in stocks so far, but recently have been considering a residential condo unit in my geographic area as a first step. One aspect I am particularly interested ...
Noah McPherson
Investment Analysis for a Duplex
Hey Guys,So, I'm 21 looking for a duplex. I'm pre-approved and ready to go, but I'm wondering if you guys have any tips on analyzing investments. I know the 1% rule. What should I look out for beyond that?
Matt Daley
Do you charge a deposit when signing a lease?
First tenant turnover I am having at a property where I secured the tenant this far in advance. I feel like I should get some kind of deposit at the signing of the lease but understand I should not accept the First La...
Ken Sanders
Limits by Bank on Seller Assisted Closing Costs?
I'm selling a house right now for $294k with a $10k seller assist.
The agreement states:
SELLER ASSIST - Seller will pay $10,000 toward Buyer's costs, as permitted by the mortgage lender, if any. Seller is only obli...
Cindy Zhang
NNN LEASES -INSURANCE RESPONSIBILITY QUESTIONS
Hello!
Wondering if I can get clarity on the following insurance questions for commercial property with NNN leases.
1) Tenant - must purchase commercial general liability insurance for building naming the landlord a...