Van Lam
Cash Out Refinance
11 January 2025 | 7 replies
the property’s rehabilitation is scheduled for completion in 2025 and the rent will subsequently increase, can I proceed with a cash-out refinance based on the current rent roll?
Jack Cottrell
Help me adjust my expectations - first deal pending
24 January 2025 | 36 replies
.$140k offer8% interest rate20% down8% management fee5% vacancy5% maintenance 5% cap exI haven't gotten insurance costs yet but it's been suggested that I plan for $2k per year.
Ashley Shearer
Property Mgmt - First Right of Refusal Program for Maintenance?
17 January 2025 | 3 replies
2) Their contractor must be properly licensed and insured and we require copies of all this.
Chris Hertig
Tenant Living in Garage/Shop!
14 January 2025 | 4 replies
The violation - depending on your state - will provide a 'cure period' before eviction proceedings would begin.
Jennifer Turner
How to modify terms of a seller-financed mortgage?
27 January 2025 | 10 replies
I 100% endorse adding in the escrows for taxes and insurance to set the buyer/borrower up for success.
Fabriel Ebel
Multi Family to Condo Conversion in Beverly Hills, CA
29 January 2025 | 1 reply
If so, you should also look into the insurance requirements during construction (both builder risk as well as the GC's policy, but particularly the GC policy).
Jay Hinrichs
LA fires Wholesalers Beware
20 January 2025 | 19 replies
About 1/3 were in limbo--neither rebuilding nor selling, while owners tried to decide what to do--sell, rebuild, or fight with the insurance company--or just didn't have the money to rebuild and didn't want to sell.
Chuck Hatfield
ISO Emergency Micro Bridge Loan ASAP
30 January 2025 | 4 replies
and trailer stolen, workshop robbed 3 times, business bank account hacked and Not Insured (w a bank name like C#@$e), hip replacement, Botched oral surgery for sinus cyst 3 times, So Far, that caused an infection that kept me from working most of 2024 and just now recovering.SO Fire Sale February for me But I’m too broke to finish a punchlist to keep rental certificate open on top of living expenses and cover unexpected bills.Seeking micro bridge loan in the $5-10k range to be repaid at sale of house.I have another small single family paid off and rents for $950 as well.Any advice or suggestions for resources Greatly Appreciated
Kwanza P.
Advice for Finding Contractors (San Francisco)
25 January 2025 | 4 replies
Get 3 bids from contractors, get a copy of their insurance etc.- verify the policy is current. 2.
Cindy Shiblie
Thoughts on investing in Little Rock
22 January 2025 | 9 replies
I know I can get an insurance plan, but is it worth the headache?