All Forum Posts by: Tina Trussoni
Tina Trussoni has started 14 posts and replied 23 times.
I always use Zillow, then narrow the search to foreclosures only. Is this still the best way to find foreclosures without paying a fee to HUD USA or others.. I also have been known to call a few Banks but that has never been fruitful. I also have a real estate agent I work with that keeps his eye out but I have found more than he has, as far as foreclosures. thank you for any information
Post: Equity in primary residence

- Posts 23
- Votes 2
Our primary residence is paid for. Am I crazy to borrow against it to purchase a multi family apartment, or is that how a lot of people finance larger purchases if able?
Post: Any cheaper insurance suggestions

- Posts 23
- Votes 2
Other than cold calls to random insurance companies when trying to find cheaper insurance for my rentals, is there another way to narrow down the search?
I bought a house as part of a package deal. It needs minor rehab but not sure how to determine whether to flip or rent it. If I hang on to it and refinance, I would take the full loan value and pay off some LOC, or if I flip, I would take the profit and pay down other LOC. So is it exactly the same except I would be losing the prospective cash flow as a rental? Perspectives and thoughts appreciated.
I have been using a HELOC as a down payments on rental properties. My HELOC is running out now what? Also paying back that money is really eating up my cash flow. Is there any alternative.
Post: tools to make getting ready for tax season easier needed

- Posts 23
- Votes 2
Overwhelmed by receipts and keeping track of everything! Is there an easier way? Please help.
Post: New owner, new lease agreements ?

- Posts 23
- Votes 2
Thanks to all. Yes the terms are fine it's just it has the previous landlords name on the documents as well as where to send him the rent, so I wasn't sure.
Post: New owner, new lease agreements ?

- Posts 23
- Votes 2
I am a new owner of a duplex. Do I create a new lease for the current tenants that are planning on staying? the realtor involved in the sale said I use the ones that are already in place until they expire. Can someone please comment thank you
Post: New owner lease agreement

- Posts 23
- Votes 2
I am purchasing a duplex and close soon. the realtor is saying no revision is made to the lease agreement that is currently in place until their year lease is up. That I just tell them my name and the address where to send the rent checks. Is this correct? The previous landlord had them mailing checks but I want an automatic payment directly to my bank account, so this will be entirely a new process for the tenants. Is that feasible or should I continue the way that the tenants are used to?
Post: Should I escrow rental property taxes and insurance

- Posts 23
- Votes 2
Ok. Thank you