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All Forum Posts by: Ramki D.

Ramki D. has started 28 posts and replied 117 times.

Post: Cancelling my purchase contract on folsom ca home?

Ramki D.Posted
  • New to Real Estate
  • Posts 120
  • Votes 26

@Kevin Sobilo main reason for my decision to back out now is because of rate hikes. I am worried that my heloc rate will go up with regular rate hikes + 4.25% 10/1 arm rate.

Post: Cancelling my purchase contract on folsom ca home?

Ramki D.Posted
  • New to Real Estate
  • Posts 120
  • Votes 26

Signed a purchase (600k, 1650sqft single family home in Folsom ranch)contract last year, plan is to get the down payment from heloc(2.5% apr until next year jan, after that it's variable). I also lock the interest of 4.2% for 10/1arm. Based on the current stock market and recession forecasts and job market, and potential correction in home prices in 2023, i am planning to drop now and wait and see. What do you all think?. Please share your thoughts

Post: Is it okay to ask a tenant to top up a security deposit?

Ramki D.Posted
  • New to Real Estate
  • Posts 120
  • Votes 26

Hello All.. is it okay or legal to ask a tenant to top up a security deposit to match the rent increase in California or in general?

Post: Paint in between tenants? Yes or no?

Ramki D.Posted
  • New to Real Estate
  • Posts 120
  • Votes 26

Do we need to touch up for every lease renewal?

Post: Tools for Finding OOS Markets

Ramki D.Posted
  • New to Real Estate
  • Posts 120
  • Votes 26

@ Seth young.. thanks for quick response. I am looking for hybrid of both and passive investment.

Post: Tools for Finding OOS Markets

Ramki D.Posted
  • New to Real Estate
  • Posts 120
  • Votes 26

@Liam Delumpa I am interested in Ohio to invest. Do you recommend any particular areas/zip codes in Dayton, Columbus and Cleveland? And also wondering what type(sfh/condo/apartments) of properties are good to invest in Ohio. Thanks in advance.

Post: Tenant Inspection Form

Ramki D.Posted
  • New to Real Estate
  • Posts 120
  • Votes 26

Please share it with me in case if you come up with your own format.

Post: Online free rental property calculator

Ramki D.Posted
  • New to Real Estate
  • Posts 120
  • Votes 26

@Tim Herman thank you. I Will check it out.

Post: Online free rental property calculator

Ramki D.Posted
  • New to Real Estate
  • Posts 120
  • Votes 26

Hello all,

Looking for a rental property calculator either an online web tool or an app to run the numbers. I am not a bp pro member, so can't use bp rental property calculator. I have a basic excel sheet, but it doesn't have all the details. Thanks in advance

Post: Tenant Inspection Form

Ramki D.Posted
  • New to Real Estate
  • Posts 120
  • Votes 26
i found this document on ezlandloardsforms