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27 January 2025 | 8 replies
The inspector wanted me to add 2 screws to anchor the condenser and he did check for leaks at the gas connection (the gas connection that was flagged was decades old and I questioned if was before a permit was required but city stated it was up to me to prove that it was there prior to permit requirement).
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14 January 2025 | 8 replies
Check out Every Landlord's Legal Guide by NOLO.
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24 February 2025 | 9 replies
Quote from @Scott Trench: We just are testing it out!
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13 January 2025 | 27 replies
Check out this recent rental report from Zumper ranking cities in the US with the highest rents. https://www.zumper.com/blog/rental-price-data/ Welcome to BP - do you work exclusively with investors as a broker or is it just a good portion of your clientele?
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21 January 2025 | 35 replies
I believe he just sends his guys in and tells them fix whatever needs fixing and take as much time as you need with no checks or balances.
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25 February 2025 | 8 replies
The notion that MLS properties are bad investments because eyes are on them is the biggest misconception out there.
25 February 2025 | 4 replies
(Also in the future - don't be freaked out by doing deals with contractors again.
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24 January 2025 | 42 replies
Afterwards I found out that there is an ongoing lawsuit against PreREO in Washington State.
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24 February 2025 | 9 replies
Hi everyone, heres my BRRRR situationpurchase price 520,000rehab 25,000Appraised at 600,000Rents are now at 1950, 1850 and 1600 totaling 5400My question is can i get a DSCR to take out all 545,000 as the rent roll to to a mortgage for that amount would ratio out to around 1.4 but....obviously appraisal is not high enough for 80/20Any info on this or suggestions would be great.
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22 February 2025 | 2 replies
Germain Act could work if you qualify, but if you can’t refinance right away, you’ll need to consider future plans.For whether to sell or keep the properties, selling gives you liquidity and eliminates mortgage obligations, but you miss out on future appreciation.