Landlords scored a victory last month in the State of Ohio. The decision Baker v. City of Portsmouth a landmark victory for property ownership rights and the fourth amendment. Municipalities all over this country are ...
From our Local MAREI team! The Southern District of Ohio, in Columbus ruled that the City of Portsmouth Ohio’s occupational licensing requirements imposed rental property inspections and licensing fees upon the landlo...
I was recently in escrow to purchase a fourplex via FHA but fell out because the property didn't meet the self sufficiency ratio. The underwriter calculated the self sufficiency ratio by taking 85% of the gross income...
Howdy,Been running a lot of numbers in the past few days. I found some advice that the back-end debt-to-income ratio should be under 36% for lenders to be happy. (Some mentioned 45%.) Great!I figured out a way to do t...
what is the 50% rule? what is the 2% rule both in page 2 of the reports?
When you subtract the costs for the repairs/rehab , where does the money for the repairs come from.... Does it come out of your own pocket or do you add the costs to your loan ? Thanks everyone Hope everyone has a g...
For all of you that have to deal with POS - this is not the first time I heard of this but makes me wonder how other cities will react.Ohio city’s point of sale ordinance found to be unconstitutional -On February 12, ...
1st time poster. Long time lurker.
4 unit property - 3 are tenant occupied, I will live in the 4th
$370k purchase price
$3200 monthly income
$19k in seller assisted closing costs
$11k - 3% buyers agent fee toward cl...
My wife and I have three conventionally financed properties (including our primary residence). We are in the process of purchasing a fourth, with a fifth identified. As I understand, conventional financing is genera...
I want to make sure I start my investing right. What should be my first step to investing in real estate? I'm 21. Am I too young to get any respect in this area?