Viral Patel
Lein for $300 job
28 June 2024 | 2 replies
@Viral Patel, I'm sure the process will vary from state to state but generally when a tradesman files for a mechanics lien, I think they attach the property at that point probably with something like a lis pendens which is basically a notice that pending litigation could affect the title to the property.
Travis Andres
Gap funding for fix & flips?
28 June 2024 | 6 replies
When you request a rehab draw, the lender will search for mechanics liens and see the second mortgage.
Jon K.
How much do you pay for drywall guys?
1 July 2024 | 58 replies
A friend of my mechanic recommended his brother and friend, and I gave them a punch list of the work.
Billy Daniel
Multifamily Syndication Mentorship Program
26 June 2024 | 22 replies
What stuck out to me was their data driven approach to multifamily, their emphasis on asset management, and the lower (financial) barrier to entry.
Dan Powers
Mt. Airy Flip w/ Detached Garage
26 June 2024 | 1 reply
Value is being added by doing a full gut to the property, new mechanicals (plumbing, electric, and HCAV), as well as new cosmetics throughout.
Mary Jay
Do you rent to people with bad credit?
26 June 2024 | 17 replies
The auto mechanic, who's now getting divorced, wants to rent a place, had ok credit but nothing amazing and in divorce soon to be ex wife did spending spree so credit is tanked, I LOVE that tenant.
Giles D.
Syndication deals gone sour and the GP is now radio silent! What can I do?
28 June 2024 | 100 replies
I also found a dozen mechanic's liens dating back to 2022 (meaning they didn't pay contractors that did work on the property).I'd like to say I'm shocked that you had no idea this was coming, but I'm really not shocked.
Jaekwan Lee
Duplex that does not cashflows still good for first home?
25 June 2024 | 15 replies
I found that most of recommendations to buy a duplex emphasis on positive cashflow or match with simple 1% rule to start with.
Golan Corshidi
Is investing based on appreciation a recipe for disaster?
25 June 2024 | 125 replies
Own the underlying asset and worry about cash flow nonsense through other mechanisms.
Matthew Spiers
Contractor Completely Overcharged Me - No Way to Pay
25 June 2024 | 16 replies
How long will it take him to get paid (mechanic lien, challenged in court, foreclosure).