Andrew Reichek
Bio
HI, my name is Andrew and i am in the wholesale real estatwe business. A wholesaler in real estate is a person or company that specializes in purchasing properties at a discounted price and reselling them to other buyers at a bigger price.
Stories (7/0)
How Does an ARM Mortgage Work
An adjustable rate mortgage is synonymous with risk, and most homebuyers veer away from it. Think back to the 2008 crisis and many remember that thousands of homeowners lost their homes. ARM mortgages are still around today. In fact there are certain types of buyers who might actually want to find out more. It's just a matter of understanding exactly how this type of mortgage functions. We are going to go into detail of what an ARM mortgage is, how it functions, and who it is primarily for.
By Andrew Reichek4 years ago in Trader
How to Get Your Apartment Security Deposit Back
If you are an apartment renter, then chances are you are very familiar with the security deposit. This can be one of the most contentious portions of any apt lease. Almost all leases require them, and they can be a significant amount of money. So let's dive into what exactly they are, what they can be used for, and most importantly, how renters can get the entire amount back.
By Andrew Reichek4 years ago in Lifehack
Will a Landlord Deny Me Because of My Credit
The majority of renters know that landlords/owners like to approve tenants with strong credit scores, and quality references. Bad credit has unwanted implications; like higher interest rates on loans, and when it comes to renting homes or apartments, denials.
By Andrew Reichek4 years ago in Lifehack
Why Renting is Underrated
Neither renting, or buying a home is a superior alternative to one another. However, if your a renter, you might be seen as a second class citizen. And if your a homeowner, people simply look at you differently. You might be seen as a financial success! After all, you probably saved up, or put down a sizable deposit (although not required today). Owning a home is everyone's dream right?
By Andrew Reichek4 years ago in Lifehack
Why Your Apartment Application Was Denied
It seems as though for many renters, getting approved for an apartment complex seems to be just out of reach. When your application is denied, not only do you lose that application fee, many times you might also be out the administration fee as well. Many potential tenants will apply to 2 or 3 apartments before they realize that something is amiss.
By Andrew Reichek4 years ago in Lifehack