James Phan
Charge a credit card fee if the tenant pays with a credit card?
Wanted y'all's opinion on this. Not sure if it's legal or not in the world of landlords.
Juan Perez
Wholesale Contract, I know you get this a lot but I have a sample
I live in Texas, and I've heard of the TREC 20-12 but its 9 pages and I've seen a lot of wholesaler's just locking up contracts with a simple but yet effective 1 page Contract, I looked around the web and found these ...
Terry Hoefer
condo-risky?
We're seriously considering a 2 br 1.5 ba condo, listed at $39,900. Needs about 10-15k cosmetic work. Resale would be 75-80k. The catch? Of the 32 units, 12 are rented, so underwriting could be a problem for buyers w...
Bryan Terry
Buying both sides of a twin home require two mortgages?
I am currently trying to purchase both sides of a twin home. Each side of the unit has separate deeds. Does anyone know whether I will have to get two separate mortgages along with all of the associated closing cost...
Phil C.
Insurance on a 4-unit - Commerical Policy?
I am purchasing a 4-unit building and requested a quote for the building. My state-farm agent has told me that over 2 units I need a commercial policy and a separate commercial liability umbrella (I already have 1MM ...
Ryan D
Vacancy Rate & CAP Rate
I'm looking to purchase a duplex in an area not far from my home. Seeing as I'm somewhat familiar with the location, I know what rents should be. I also know of several websites such as "Rentometer" and "RentSlicer" w...
Ali Samana
Buy & Hold property analysis
Hello,
I am not into buy and hold, but would like to get into it. Knowing that, I had a realtor call me about a possible deal he considers a good cash flow property. Here is the broad (numbers) overview.
The prope...
Eric Armstrong
Looking for an easier offer system
I'm looking to simplify the offer process when I want my Realtor to submit an offer for me. Currently, I'm filling out the sales contract and then scanning and emailing to him. He reviews to make sure "t's" are crosse...
Jeremie Torres
New Motivated Baltimore Prospective Investor
Hello all,
I'm new here and new to this. I have this burning desire to become financially independent cos I can't do this 9-5 for 30 more years. Insert investing* I dip my hands a little bit into the stock market an...
Nick Brubaker
Refinance my rental?
Hello all,
I am trying to decide if I should jump on the historically low rates currently and refinance my SFH rental. I put financing on it last year (15-year fixed) at a 4.375% interest rate. The rate I currently...