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27 December 2024 | 22 replies
I feel like it would be great to trust a property management company on all of this, but it would be hard not to step in if you could do a better job at screening bad tenants (eg screening HUGE future problems).I initially managed properties myself, but now I delegate that responsibility to my business partner, personal assistant, or a property manager at my brokerage.Most PMs I know will send you an applicant for final approval and you can get on the phone with them and ask them questions
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14 December 2024 | 1 reply
The property passed final testing by the county health department.Is this anything I should be concerned about?
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15 December 2024 | 19 replies
I had one were we did not get to it for a while 6 months or so it was just boarded up.. when i went to sell it wholesalers were going through it said it smelled bad.. one of them finally went down to the basement and found a corpse that had been for quite a while. scared the heck out of him..
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20 December 2024 | 27 replies
I kept the house for 5 years and finally called and requested the Chief Building Inpector.
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16 January 2025 | 13 replies
PC can't make any final decisions on rezones, parcel maps, etc.
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16 December 2024 | 6 replies
As you mentioned, it might be difficult timing the sales of each of properties where you can achieve a combined exchange (multiple properties into 1 property / or a few properties).Just a quick note that may be helpful - I work with a group of investors that can help with a combined exchange into a single property and will buy it back once you've found a replacement propertie(s) as the final destination for your capital.
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16 December 2024 | 9 replies
I dont know how many units you are talking about, my biggest problem was tenants having easy access to me.I finally decided to use a software and got an internal property manager so moved away from it.Currently setting up the maintenance request portion of it, so will see how it goes.
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22 December 2024 | 23 replies
It's worth looking at a blended rate calculator before you make a final decision of the type of loan as it will show the new "blended rate" of your HELOC and first mortgage if you go that route.
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18 December 2024 | 24 replies
Then get photos and get third party verification that everything was done right prior to making your final payment to the contractor.
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19 December 2024 | 8 replies
It took 3 years, but, I finally navigated the permitting process and now have all the permits I need to build 6 small cabins on a river in the mountains.