
13 September 2024 | 24 replies
The property management company has developed a plan to meet this requirement:a) cleaning all windows troughs and sills, scraping and painting of window troughs and sillsb) scraping and painting of all previously painted floor surface that is chipping or peelingc) scraping and painting of any exterior paint that is chipping or peeling including garage decks and house d) scraping and painting of all exterior door thresholds and jams Their estimated to complete this pre-inspection repair work is $500.The certification inspection is $350City filing fee $50Property management coordination fee $50I need to know if this certification is mandatory or not, maybe Cleveland realtor and property manager on Biggerpockets could answer me and clarify my doubts.Let me know pleaseThank you very much

15 September 2024 | 31 replies
@Hai Loc, yes you can evict in Columbus but just FYI, make sure in addition to the cost of the eviction court and attorney, you include up to 2-3 months of non-payment and the costs associated with the rent ready rehabs of the unit afterwards in your calculations.

12 September 2024 | 0 replies
We are still under construction but we ended up having to do everything including sub flooring, attic, roof, HVAC etc.

13 September 2024 | 11 replies
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12 September 2024 | 2 replies
Also, when using a purchase-seller agreement, what should you include in the contract in case the buyer or seller decides to back-out at the last minute so you are not stuck with the "bill"?

12 September 2024 | 9 replies
Same goes for DSCR loans - even if theyre not on your credit report, if you PG'd the loan (which is almost always the case), it will be included unless there is a justification to exclude it (such as it's been paid by your entity for at least 12 months and is included in a business cashflow analysis).If you're finding good deals and have cash for downpayments, but are hitting DTI roadblocks to acquire more properties, then DSCR loans are likely the answer.

12 September 2024 | 4 replies
The spreadsheet you included is incomplete and insufficient for determining if this is a good deal or not.

14 September 2024 | 14 replies
Also the security deposits should have transferred separately but the rents for the last part of the month may have just been included in the sellers statement and come off the money you had to bring to closing.

11 September 2024 | 11 replies
Are you interested in collecting payments online with the reporting included or just rent reporting without online payment processing?

12 September 2024 | 23 replies
A lot of real estate professionals (including myself) give thoughtful responses at least in part to drum up business.