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23 January 2025 | 7 replies
You can put a mortgage into a "trust: without triggering a due on sale but again contacting your bank/lender is the best route to avoid any issues.Some banks/lenders or servicing companies change guidelines and even a trust may require other paperwork but the attorney usually facilitates that to be safe.
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16 February 2025 | 18 replies
I see Jeff S. responded he is one of the most experienced lenders PM lenders who owns his own company here on BP..
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7 February 2025 | 12 replies
If something breaks, the management company fixes it.
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18 January 2025 | 7 replies
Quote from @Gamal Harding: Anduril Industries' Expansion to Columbus: A Transformative Move for Real Estate InvestorsAnduril Industries, a prominent defense technology company based in Costa Mesa, California, has announced plans to establish a new manufacturing facility in Pickaway County, near Rickenbacker International Airport.
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18 January 2025 | 8 replies
It is what is left after snow removal, cutting the grass, utilities, tenant issues, parking lot issues, property taxes, mortgage payment, etc. that make a difference.
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11 January 2025 | 7 replies
Security Deposit: 2600Lease states no smoking/painting walls/no hanging things on wallsTenants have moved out and have left two truck loads of garbage to be removed.Damaged doorPainted walls which got on the ceiling and trim Lots of holes on the walls throughout the houseDamage from windows being left open constantly Weed was clearly smoked in the house (smell throughout the place) so we need to deep cleanWater bill wasn't paid so I had to turn back on utilityMissing keyQuoted costs:$450 junk removal (some furniture)$935 for damaged doors/windows, painting cleaning$30 for utility turn onTenants were only there for a year before moving out so a lot of this is beyond normal wear and tear.
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22 February 2025 | 14 replies
Just contact a company and rent a spot out for $25,000 for 3 weeks.
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16 January 2025 | 4 replies
Plus the 20%-30% more in gross revenue just goes towards utilities, furniture, etc.
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21 January 2025 | 35 replies
You can always hire a different PM company.
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21 January 2025 | 1 reply
I am currently self employed as a GC with my own company: Carolina Premier Homes.