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27 September 2024 | 4 replies
My personal investments are split into multiple LLCs, each with their own bank accounts, and it doesn't cause any problems.
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27 September 2024 | 9 replies
That may cause you some restoration work if it is going through a finished basement.
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27 September 2024 | 3 replies
If the tenant identifies an area of moisture that may be causing growth we immediately address the source of the moisture, replace and damage building material (usually dry wall) and or use mold cleaning solutions/mold blocking primers as required. good luck
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26 September 2024 | 7 replies
I wouldn't recommend getting a loan for a down payment but if you do be careful cause your DSCR might not cashflow as well.Let me know if you want to discuss this any further or have any other questions.Best,Jackson
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26 September 2024 | 1 reply
I consider myself an introverted yet friendly person, passionate about humanitarian causes and helping others.
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30 September 2024 | 24 replies
I'll tell the landscaper to put me some cheap colorful bushes out there and some colorful mulch as much as I hate mulch cause it attracts termites.
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24 September 2024 | 9 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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26 September 2024 | 4 replies
Also, leaks cause damage to the drywall and other items.
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27 September 2024 | 13 replies
The other issue is that you want to protect your personal assets from liability caused by your rental property.
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26 September 2024 | 13 replies
CAPEX) that caused a NCF, I dumped that property ASAP, took the cash I could get out of it, and moved it forward to a deal where I was making a profit.