Account Closed
Offering services to medium-term rental owners--general tips & local market questions
25 April 2024 | 10 replies
Heck, I even find joy in it when a squirrel eats a hole through the kitchen ceiling, the fire alarm blasts for no reason, and the tenant's kid secretly turns off the "do not turn off" switch to the heater, necessitating an emergency call to the electrician.Three years after retiring from freelance writing, I'm looking for my next act.
Sophia Boro
Why do some investors allow unpermitted work?
26 April 2024 | 52 replies
I have had to advise customers that the small addition to their house , when pulling a permit will trigger the inspector to make them add fire sprinklers to the whole house , hard wired smoke alarms , upgraded electrical panel , plant 15 trees .
Kevin G.
New to flipping. Do I really need a General Contractor?
23 April 2024 | 16 replies
They'll make sure all the windows work, and that the smoke alarms are installed correctly, that any stairway with more than 2 steps has a railing, etc.
Stephanie Bell
Tips for first time landlord in Buffalo
22 April 2024 | 9 replies
I don't want to alarm you, but you need to get educated as quickly as possible on NYS tenant/landlord law.
Sam Kahl
Checklist for Buying Tenant Occupied Properties
20 April 2024 | 6 replies
What alarm or burglar/fire protection systems in place and when last serviced6.
Caitlin Lutenske-Logan
CA Attorney Recommendations - LLC & Trust Formation
19 April 2024 | 2 replies
Unfortunately, I was alarmed at the number of BBB complaints they had.
William Coet
Multifamily Prices so High that Only Cash Makes Sense, But Why Not Put Cash in CDs?
21 April 2024 | 47 replies
Good location, appreciation not guaranteed for the next several years. 895k asking price. 101k gross annual incomeExpenses: Insurance: $4,898Electric: 2,579Water/Sewer 5,085Fire Alarm Connection 708Property Taxes (if/when assessment is adjusted to sale price)-31,95130 Yr mortgage (20% down at 7.75%) 61,560Maintenance, Long-Term Capx, vacancy- 9,000 (this is probably a bit low)Total annual expenses: $115,781
Alex SImon
Ohio Cashflow LLC
21 April 2024 | 240 replies
As first time customers, it was a little alarming from long response times from the PM, the lack of awareness and just being set up correctly in the system between our email addresses to banking information.
Jordan A.
Finding off market deals.... wholesalers?
16 April 2024 | 11 replies
Don't be alarmed; many wholesalers will require zero-day due diligence, high non-refundable earnest money, and a quick closing using their preferred attorney.