Tim Holt
House Hacking in expensive markets - MA and RI
4 January 2025 | 14 replies
Principal buy down that occurs with each payment met.3.
Gamal Harding
Navigating the Surge in Rental Application Fraud: A Guide for Landlords and PM's
6 January 2025 | 4 replies
As a property manager, it's crucial to understand the nuances of these fraudulent practices, recognize the signs, and implement strategies to mitigate risks effectively.Understanding Rental Application FraudRental application fraud occurs when a prospective tenant provides false information on their rental application in an attempt to secure a lease.
Samuel Gebretnsae
Seller said "He is not required to disclose water damage repair done"
8 January 2025 | 27 replies
If it is later found to be the work was not performed according to code or properly repaired, we will seek damages from your firm since you knowingly hid this from us and would not allow us to understand the extent of the damage which occurred behind walls.Thank youThis way you are putting them on notice that you were aware damage occurred and they did not allow you to properly inspect it.
Nicholas Dillon
Am I Correct About the Way I'm looking at the BRRRR as We Begin 2025
30 December 2024 | 2 replies
However, given the way interest rates have gone, I wonder if it is still viable to do the BRRRR in 2025 on homes purchased in 2020, or 2022, given that you are probably giving up favorable interest rates when you do your refinance for current rates.Is the BRRRR more feasible when your refinance occurs at a similar interest rate as the rate at which you purchased the property?
Reyna Ayala
How many bank checking /saving accounts are needed as a first time landlord
8 January 2025 | 10 replies
If you are setting aside funds for capex, taxes, insurance, or other expenses that don't occur monthly, transfer those funds to Savings each month and hold them there until it's time to spend them.
Tyler Bolton
LLC versus personal umbrella policy for Indianapolis SFH rental
12 January 2025 | 7 replies
We have an insurance policy on the rental house (through State Farm), that includes a personal liability section, which is essentially equal to our current net worth.Given that a tenant could sue for more than this if an accident occurred, we are thinking about adding either LLC or an umbrella policy (or both) as extra protection.Any advice on which way to go, and if LLC, any recommendations for a law firm or company the Indianapolis area?
Sathya Priya Sampathkumar
How do you decide on the location for rental investment with good cash flow?
6 January 2025 | 8 replies
It never occurred to me that I’d have to make the drive to this building for 2 months.
Luke Tetreault
2 years in, Growing Pains! What's the Strategy?
24 December 2024 | 8 replies
Almost all 4 baggers occur through one or more of the following1- Long term hold riding price appreciation.
Natalia Perlova
Tenant claims there is no heat, and it's Christmas
31 December 2024 | 57 replies
The way you present things I can see this occurring eventually.
An Lan
Any better suggestions?
26 December 2024 | 7 replies
These problems often occur in vacant homes due to lack of ventilation, climate control, and regular inspections.