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Results (10,000+)
Steve Sayler Fired Prop Mgr, now getting charged with "Cancelation fees" - Is there a solution?
8 July 2024 | 17 replies
In addition, I would point out that the failure of this old PM to live up to their obligations caused you "damage" which they are responsible for.
Ross Francis Maine-tenance on multifamily
8 July 2024 | 2 replies
As a hard money lender who works with many investors in the Portland area, I can share some insights on maintenance costs for multifamily properties in this market, though individual experiences may vary:Lots of investors report a slight decrease in maintenance costs during winter months, bc of:- Fewer landscaping needs - Less wear and tear on HVAC systems (as heating is generally less intensive than summer cooling)- Reduced tenant turnover in winterWinter-specific issues can arise:- Potential roof repairs due to heavy rain or occasional snow- Gutter cleaning and maintenance to prevent water damage- Heating system repairs or maintenancePortland-specific factors:- The mild climate helps reduce extreme weather-related maintenance issues. - Older housing stock in some areas may require more upkeep. - Strict local regulations can also sometimes increase compliance-related maintenance costsCost-saving strategies I've seen help:- Preventative maintenance programs can help reduce overall costs obviously - Some investors report success with in-house maintenance teams for larger portfolios- Energy-efficient upgrades can help reduce utility costs in the long runYour specific costs will depend on factors like the age and condition of your properties, your management style, and the specific neighborhoods you're invested in, but hope this helps!
Mindy Jensen Structural Engineers: Can an aluminum I-Beam span 25 feet?
9 July 2024 | 17 replies
Along with the dead load of the framing and lattice, you need to take into account other forms of loading such as snow load, roof live load, and wind load to see which combination produces the worst load effects.
Gerardell Brown House Hacking Single Family House
8 July 2024 | 15 replies
Hey Gerardell - This strategy is indeed effective and to one of the previous comments, staying there for two years will qualify you for the section 121 primary residence tax exemption at the time of sale. 
Kia Grine Are Short Term Rentals allowed in South Lake Tahoe?
8 July 2024 | 12 replies
VHR changes adding the 500-foot buffer went into effect on October 1st, 2021.
Sean Sullivan Subject to with a VA loan
8 July 2024 | 14 replies
If you assume the loan then it is a qualified assumable so have to jump through many hoops and it will end up on your credit which may effect your future transactions.  
Anthony Santos Investing in Puerto Rico
7 July 2024 | 19 replies
Also be aware of the southern area near ponce, that is where the earthquakes are often felt and the most damage occurs. 
Mike Dumont How are you changing Colorado leases with new HB-1098 "Just Cause Eviction"
7 July 2024 | 1 reply
Colorado is evolving very fast with some new laws such as the 'Just Cause Eviction' -  HB-1098 effective now. 
Alexander Szikla Investing in Real Estate History: The Louisiana Purchase
7 July 2024 | 2 replies
In 1803, Thomas Jefferson negotiated a deal with Napoleon Bonaparte that effectively doubled the size of this young nation.One might even say President Jefferson was the original distressed real estate investor.
Andres Ruiz Advice on Previous Fire Discovered in Inspection during Purchase of a Property
6 July 2024 | 21 replies
If so, you have nothing at risk and you can request your EMD back and just walk away. 2) ask your realtor what the common discount is in your area for fire damaged homes if any.