Joseph Collins
Nuanced PMI removal question
For context, my ultimate goal is to increase cash flow over the next 5-10 years by lowering monthly expenses.In 2015 I acquired a duplex with an FHA loan of 3.49% that has PMI that is $214 a month on a total mortgage ...
Charlie MacPherson
Potential mobile home park resucitation!
I have an opportunity to buy a very small, dilapidated MHP in Maine. It's over 100 acres though and seems to have potential to be developed further. It's close to what passes in Maine for a busy road with good expos...
Anne Shawnnc
certified mail doesn't work on sending lease termination notice
I used certified mail to send a 60 days lease termination notice to tenant, the mail should arrive one week ago, but today when I check status online, it still shows in transit, so I called the post office to ask why,...
Trevor C.
Buying a house in hot area with no driveway and limited parking
Recently looked at a house out of state ( lived in area for 7 years and have lots of family there ) in a great area with a college. House is 2 mins walking distance to a great downtown, This city is very very walking...
Sarah D.
How confident do I need to be in market rents?
Hi all. We're in escrow on a 4 unit that we plan to owner occupy. The units are below market rent and need work (of course!); however, I'm only ~80% confident in my post rehab rents because this property is located ...
Amy Ranae
What do we think about OpenDoor?
Recently an investor friend mentioned OpenDoor. I hadn't heard of it so I looked it up. A few days later I received a mailer from them that they'll make me an as/is cash offer for my house and close whenever I want. I...
John Collins
Is this a real thing - cat allergy from carpet
Can someone be allergic to cats such that they can sense when a shaggy carpet that was only 6 months old when they moved in had cats on it? This person is not allergic to dogs.
I spoke with the old owner - said hi...
Andrew Morales
Isn't reducing rent better than a vacancy?
New tenants who have already made a deposit and signed a contract are now asking if we'll be flexible if they lose their jobs in this new COVID-19 environment. My first thought is that they can sell their contract, b...
Jack Gardner
2 Bedroom / 1 Bath Rent Prices in Northeast Minneapolis
Hello all -
I am in the process of purchasing a duplex in Northeast Minneapolis and wanted to see if anyone had information on rents in Northeast. Are they going up? Going down? What's the median? Expectations for i...
Steve Mitrano
Flagstar Bank & LLC Transfer
Anyone have any experience with transferring a Flagstar Bank mortgage into an LLC? I've had people tell me not to worry about it and to just do it, and I've had other people say the bank will call the loan due. My law...