All Forum Posts by: Chewie G.

Thanks for the reply Andrew.

Hi everyone,

I just completed a home inspection of a potential rental property and the Radon report came back high - 18pCi/l. It will cost about 1k to remediate but my larger concern is will it deter people from renting and/or do I have to lower my asking rent price. One thought is to use it as a selling tactic but the other thought is to move on to the next property. Overall its a good ROI in a great school district.

Thanks for the advise and help. 

Hi fellow PRO members. 

I am currently working with a local bank to fund a rental purchase under my LLC with a long term low interest rate. It's been a nail biting process and I'll know in the next day or so on the final approval based on current terms. In the process I am trying to build out my network of other lenders who will do long term fixed rates under 6%- in preparation for my next rental. Yesterday during my search I came across Dwell Financial out of Charlotte NC. Has anyone used these guys? Any other lenders that you know that will do long term, low interest and will write a loan under an LLC in PA/NJDE?

@jonholdman - thank you for your recent reply to my other post. 

My thanks to everyone in advance

Thanks everyone for the reply. Great information from an awesome community.

Thanks Aly. So it sounds like each county or city may have their own. 

Thanks Mark!

Thank you Gilbert. 

Hi BP folks,

I am about to purchase a rental property in New Jersey and looking for an Insurance broker to get a Landlord package policy. Any suggestion or recommendation? 

Thanks!

Hi James,

In my opinion, CASH is king and the cost of money is very cheap (assume you can get a lower rate then what was done in 2008) so refi the property under one note - cash out- and put it into another place to build your empire. 

my two cents but I'm sure their are more details that I am not aware of.