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Results (10,000+)
Joe S. Change the roof on a BRRRR?
26 October 2021 | 4 replies
One author recommends replacing the roof on houses that you are going to BRRRR.
Rawn Wilson Tenant won't leave after a fire and utilities turned off
26 October 2021 | 1 reply
I did authorize a sublease in the main lease, but only with my written consent. 
Marek Los Question about property tax increases
5 August 2022 | 10 replies
The tax authority will have an appeal process if you think they got it wrong.
Lethorn Irving II Converting 7 Units into 8 Units
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. 
Mike Malyy Apartments.com now requiring tax information
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.
Amanda Brezina The numbers are in for our first BRRRR property!
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).
Michel Bamani Maine section 8 advise ans insight
15 November 2021 | 5 replies
Hi Michel,You need to get familiar with your section 8 authority for your area.
Joseph Waitkevich Overdue Rent on Newly Purchased Property
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. 
Paul Vail Meth house remodel options?
16 December 2021 | 8 replies
I'll have a conversation with the county authorities to try to get ducks in a row.  
Karim Smail HUD section 8 question
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.