
26 October 2021 | 4 replies
One author recommends replacing the roof on houses that you are going to BRRRR.

26 October 2021 | 1 reply
I did authorize a sublease in the main lease, but only with my written consent.

5 August 2022 | 10 replies
The tax authority will have an appeal process if you think they got it wrong.

3 November 2021 | 3 replies
Once under contract, you can freely contact the zoning and the building authorities to ask if they'll allow you to make the purposed changes.

11 December 2021 | 43 replies
I really don't want to, AptDOTcom needs to stay in their lane and mind their own business and not worry about ours.I have "attempted" to insert the EIN and received error messages, I have attached pictures, AptsDOTcom doesn't need to know our Tax info, DO NOT COMPLY with their demands, the IRS knows all the information they need, a 3rd party doesn't have the right or authority to enforce such obvious over-reach of power.

18 January 2022 | 11 replies
A note about our process - we run our numbers pretty conservatively for the ARV and rent, assuming worse case scenario:Purchase: $60,000 (listed for $75,000)Rehab: $65,000ARV: $130,000Rent: $1,400Hard Money Loan: 12%, 3x points, 1 year term - interest only paymentsReturn on Investment: 7.1%Cashflow: $342 (amount remaining after mortgage payment, 10% vacancy, 5% Repairs/Maintenance, 5% Capital Expenditure, 10% Property Management are paid)Purchased: March 2021When you refinance, most banks will authorize a loan for 75% of the Loan to Value (LTV), so we were expecting a $97,500'ish loan (75% of $130,000).

15 November 2021 | 5 replies
Hi Michel,You need to get familiar with your section 8 authority for your area.

11 November 2021 | 5 replies
The Housing Authority does not know who you are or that you are owner unless you go through their vetting process and get previous owner "out" of their system.

16 December 2021 | 8 replies
I'll have a conversation with the county authorities to try to get ducks in a row.

15 November 2021 | 2 replies
The tenant will sign a form to the housing authority to start the process of finding / moving to their new place.