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All Forum Posts by: Elizabeth Rose

Elizabeth Rose has started 14 posts and replied 54 times.

Post: HELP! Light brown marks keep appearing in at the top of newly-painted walls

Elizabeth RosePosted
  • Rental Property Investor
  • Various states
  • Posts 55
  • Votes 34
Quote from @Aaron Hill:

It is hard to guess without seeing the issue, but by a wide margin the best stain blocker is shellac based Zinsser BIN.   It might be worth a try, it is far superior to Kilz as a stain blocker.  I'm a professional painter, and just used the product on a tough job this week (tried Kilz on a section and it didn't cover, Zinsser covered it perfectly).   Obviously ensure that the underlying problem is solved first, but it sounds like you already have taken all the steps to handle that

https://www.zinsserprimers.com/primers/shellac-base


The house was built in 1915. I'm not sure how old the drywall is. I'm thinking I may need to seal/coat the exterior walls - one person I talked to thinks moisture may be coming in from the walls and getting sucked into the soft bricks.

Post: HELP! Light brown marks keep appearing in at the top of newly-painted walls

Elizabeth RosePosted
  • Rental Property Investor
  • Various states
  • Posts 55
  • Votes 34

We recently bought and rehabbed a standalone Philadelphia townhome - the city knocked down the townhomes on either side about 5-6 years ago. We replaced the old roof as part of the project and had the interior walls primed (with Kilz) and painted. 

A few weeks after painting, light brown marks appeared at the top of some of the top corners of a few of the walls on both sides of the house, upstairs and downstairs (not the ceilings, just the tops of the walls). We painted over the marks, thinking the discoloration was from leftover moisture that was let in by the old roof, but the marks have come back. Our contractor is unsure how to fix the issue, so I would love some help troubleshooting.

I had the roofer come back and check the new roof - everything looks solid and the party walls are capped and sealed. 

There also doesn't appear to be any cracks in the exterior stucco on the sides of the house.

Any idea what may be causing this? Or what type of vendor to call in to fix it? Thanks in advance for any thoughts, advice, recommendations!

Post: Rental & Flip Deals For Investors

Elizabeth RosePosted
  • Rental Property Investor
  • Various states
  • Posts 55
  • Votes 34

Hi @Batin Apalan, I'd love to connect - please DM me.

Post: Looking for a listing agent to sell my rental property in Jacksonville....

Elizabeth RosePosted
  • Rental Property Investor
  • Various states
  • Posts 55
  • Votes 34

Hi Jenny - I'm looking to acquire a furnished rental property in Jax. Is your property being sold furnished by any chance?

Post: Where to buy fully furnished properties for STR and MTR?

Elizabeth RosePosted
  • Rental Property Investor
  • Various states
  • Posts 55
  • Votes 34

Hi friends! I'm looking to acquire a fully furnished property in Jacksonville, FL for use as a mid-term rental. Bonus if the property has a rent roll showing steady income over the last 6-12 months. 

Do you have such a listing? Please connect with me!

I'd also appreciate any recommendations on where I may be able to find furnished properties, existing Airbnbs, etc. for sale. Thank you kindly!

Post: Need Insurance Advice for California Rental Properties

Elizabeth RosePosted
  • Rental Property Investor
  • Various states
  • Posts 55
  • Votes 34
Quote from @Scott Scoville:
Quote from @Ramki D.:

Hi Landlords,

I'm having trouble finding insurance for my California rental properties. Most companies aren't taking new policies. Any tips or recommendations for getting coverage in our state?

Thanks,

RK


Hey Ramki, I'll send you my insurance brokers contact info. He insures all of my properties in Sacramento.

 @Scott Scoville I'd also love the contact info for your insurance broker, thanks!

Post: Finding a lender while living overseas

Elizabeth RosePosted
  • Rental Property Investor
  • Various states
  • Posts 55
  • Votes 34

Thanks @Alan Sue! I'll DM you - looking forward to connecting!

Post: Finding a lender while living overseas

Elizabeth RosePosted
  • Rental Property Investor
  • Various states
  • Posts 55
  • Votes 34
Quote from @Caroline Gerardo:

@Elizabeth Rose 99% of lenders use a US mobile notary. The notary has to be approved by title company and the lender. There is no one notary who fits all lenders. To sign overseas MOST lenders require you go to the embassy and use a notary in the embassy, pre-approved by lender and title officer. You need current ID and are fingerprinted. Embassy notaries work on advance appointment only. 

I'm aware of mobile notaries, by "remote notary" I mean "e-notary" - so in other words a lender that will allow me to sign closing documents virtually online vs. having me to go to a consulate in person.

Post: Finding a lender while living overseas

Elizabeth RosePosted
  • Rental Property Investor
  • Various states
  • Posts 55
  • Votes 34
Quote from @Alan Sue:

Hi Eric! 


Welcome to BP as another expat in Japan!

I'm also in Japan, and there several of us floating around BP. If you're ever in Yokohama let me know and we can grab coffee.

I'm a little different situation than you as I do have a W2 based in the States while I am here. That did allow me to get the normal mortgage, but there are lenders out there do the typical mortgage for international investors that would not have a W2, or even a tax return. Of course the rates/terms/down payment/etc might be different depending on that.

I have also gotten some DSCR loans as well due to the amount of loans I have, it was the only way to get more ;) DSCR are even easier to get depending on the property and its potential income. Depending on the company some allow in your name, some require a LLC. The rates are also generally higher and the LTV is more dependent on the rental income(or potential).

If you're interested DM me and I can introduce you to some of the lenders I've used in the past.

In general though, don't give up, it might take a little longer to find one that works out, but it's possible! There are also a good number that can do a remote notary, so you don't even have to get notarized at the Embassy or a lawyer. 

@Alan Sue I'd love the names of any lenders that do remote notary, please!

Post: Hard money lenders that accept online notarizations?

Elizabeth RosePosted
  • Rental Property Investor
  • Various states
  • Posts 55
  • Votes 34

@Chris Seveney thanks for offering! I'll DM you now.