Tricia O'Brien
What Questions to Ask/Things to Look for When Interviewing Property Managers?
20 January 2025 | 2 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
Ana Vhan
Lawyer recommendation in Washington state
23 December 2024 | 3 replies
I need some help with dealing with a tenant in kirkland, WA. Please recommend a lawyer who works with fixed fee and does not charge for every min s/he talks to you.
Thanks!
Baron Wheeler
Guidance midterm rentals in south Houston?
16 January 2025 | 7 replies
You can look on websites like https://www.corporatehousingbyowner.com/search/United-States... and https://www.furnishedfinder.com to see what similar houses are rented for.
Angel Perez
Can I get a loan for a property uninhabitable?
24 January 2025 | 12 replies
In other words, not resold to the government so the bank had more flexibility on the condition.I look at the original commitment letter and it states "xxx amount will be advanced at closing for the purchase of an investment property, and the remaining balance of the loan to be placed into an escrow account to be disbursed as improvements are made".No points, and only one closing, so I don't have to deal with a short term HML that I have to refinance in under a year.Hope that helps!
Timothy Frazier
Hard Money Loan
1 February 2025 | 16 replies
As stated previous neither lender would want to take the second position as well.
Caleb Martin
Building STR and recovering cash
24 January 2025 | 4 replies
The covenants state that the property can’t be subdivided.
Saul Vargas
I have $150k and equity on my home, looking 4 a property with some cashflow.
21 January 2025 | 11 replies
Many of my investors that do out of state are also looking in the midwest like Ohio.
Matt Osborne
New Member Intro
14 January 2025 | 3 replies
If you're ever interested in seeing what's going happening on the western side of the state feel free to reach out anytime.
Evan Coopersmith
Looking to buy a multifamily property in 2025
14 January 2025 | 19 replies
I don't mean to throw shade at my fellow Illinois residents, but I'm quite bearish on this state for the long-term.
Mattin Hosh
Assist in Turnkey
9 January 2025 | 10 replies
@Mattin Hosh first, most cities in Metro Detroit have some type of rental property inspection every 2-3 years.It's not really a big deal 99% of the time - especially for owners who are NOT slumlords:)Also, a quick Google search will show that several states/cities are passing/considering similar legislation.One of the biggest mistakes we see newer investors making is NOT properly understanding Neighborhood/Property/Tenant Classes and naively assuming that any rental they buy will deliver Class A results.Read our copy & paste thoughts below and DM us if you'd like to dicuss more about the Detroit market:)-------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?