
25 November 2024 | 21 replies
OrhiOrhi,You may wanna read the thread below before taking a Property Management recommendation from Bob.Who is Bob Stevens AKA Bob Prisco and what's his involvement in Cleveland?

20 November 2024 | 6 replies
My understanding is that the buyer assuming the loan has to meet the same credit/underwriting criteria as the original borrower, but this is not my area of expertise - lenders are typically not involved in assumptions.

21 November 2024 | 21 replies
They did not communicate the scope well to the plumber, who it sounds like should not have been involved in the first place I would have a point-blank conversation about the above with your manager and ask who he or she thinks should cover the waste of paying multiple professionals to shuffle a thin plastic piece underneath an appliance the tenant was responsible for installing in the first place.

19 November 2024 | 6 replies
I would follow all of his free stuff before you buy anything and realize that when you pay for something, you want there to be others paying for it that you can be involved with in real life because that is where the magic and long-term relationships happen.

23 November 2024 | 38 replies
Here's some other copy & paste advice you might find useful:---------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

21 November 2024 | 6 replies
That would be nice, but I suspect that I will somehow be involved in it...?

19 November 2024 | 4 replies
After multiple calls and emails about the matter (even involving the local HUD office), I finally get a response that says "Unfortunately, HACW is experiencing a temporary shortfall of funding and will be unable to pay the HAP amount for this month..."

18 November 2024 | 14 replies
In our opinion, this doesn’t result in a viable income amount or analyze income stability.

13 November 2024 | 2 replies
Quote from @Herrison Sitorus: Hi all,Recently got involved managing a rent stabilized property.

20 November 2024 | 3 replies
@Abigail KingStarting a first house hack in Peoria, IL involves researching, education, financing options, and management tips.