Jim Stanley
Worth it to use insurance for a repair.
23 January 2025 | 9 replies
I told him to pull out everything that might have gotten wet, get everything dry (to prevent mold), and make sure it was done right.
Henry Clark
Belize 25 acres Teak
4 January 2025 | 28 replies
Next steps are to put down a roll of plastic to prevent moisture or wet floors.
Brett Riemensnider
First Time Landlord - Tenant Placement In Minneapolis Area
13 January 2025 | 6 replies
My crime prevention class was canceled and I’m looking for an update on the rescheduled date.
Denise Evans
Tenant Estoppel Letters
27 January 2025 | 1 reply
They help prevent after-sale tenant disputes or surprises about matters that originated with the former owner.
Fernando Martin-Gullans
Help me use my equity to scale my portfolio
10 January 2025 | 3 replies
Quote from @Fernando Martin-Gullans: Hey y’all, I’m a retail investor with 2 SFH rentals worth a combined ~$650k looking to utilize some of my stored equity to buy more out-of-state properties, but I’m not quite sure how best to proceed given that my interest rates are incredibly low (leaning me away from refinancing) and neither property is owner-occupied (which I believe prevents me from using a HELOC).
Tom Ochieng
Inherited tenants questions
15 January 2025 | 3 replies
It might be worth a follow-up closer to the move-out date to confirm their plans, but avoid excessive contact to prevent escalation.
Steve NA
Financing MHP and other questions
28 January 2025 | 4 replies
My client had some things come up that prevented her from executing, but these were some of the options I had put together for her, a regional bank, a regional CU, and a national bank.Reminder that NOI sizes CRE debt, and that's often what determines the down payment requirement, not anything to do with the client or particular lender, just the property itself.
Byron Umana
Your First Airbnb: Do’s and Don’t
28 January 2025 | 9 replies
Nights, weekends, holidays, etc.To keep this on-topic, though...DO figure out what's healthy for you to manage but remember it's a process where every experience teaches you good and bad (and be patient with that process).DON'T sweat the small stuff (damage/costs under $50, undisclosed dogs, etc.) but DO find a way to learn, prevent, put in better practices to maintain your sanity.
Jorge Vazquez
Sign on rental properties yes or not?
15 January 2025 | 10 replies
We put a sign on every property to: attract tenants, create brand awareness, and to help prevent scammers from using our properties as bait.
John Friendas
Cheapest Funding for No Electric Property
10 January 2025 | 4 replies
This may be to deliberately prevent discovery of other electrical issues or prevent fire/injury.You will need some form of hard money or construction financing to purchase the property as is, and you will need to get the property occupant-ready to pass an appraisal before permanent financing is on the table.