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Results (10,000+)
Eli Ling one of my tenat send us this message
2 December 2024 | 7 replies
Unfortunately, she frequently turns it off to save on electricity, which exacerbates the issue.i have also sent her extra radiator heat so can just plug in , but she refuse to use because she has to pay high electric bill.She complained about the unit's insulation and requested that we install an additional baseboard heater( whats the use if she doesn't turn on the heat) .
Judy Mitchell Requesting Sample Move-out/Cleaning Instructions and advice
27 November 2024 | 6 replies

Hello BP - I am seeking advice and samples for move-out and cleaning instructions to provide my tenants.  My lease agreement informs them that I expect them to do this and I have instructions this, and they have asked...

Leo Alvarado Creating a Project Timeline for a Multifamily Property
1 December 2024 | 2 replies
You can request a look-ahead schedule from your GC or as Chris stated, create your own to keep track of resources, delays, and other tasks.
Ryan Dunn Unexpected Rate Increase on BRRRR Loan – Is This Normal?
10 December 2024 | 36 replies
The only time the appraisal will affect the rate is if the value came in lower and the LTV needed to increase to get the same loan amount requested, the rents on the 1007 came in lower, so DSCR was affected, or the appraiser indicated the location was rural which would result in a LTV reduction or interest rate increase.
Eric Carlstrom First-Time STR Buyer --- Feedback / Guidance Requested
26 November 2024 | 21 replies

Hi all,I have a few long-term rentals and am exploring a STR for the first time, and am seeking guidance / advice on my expected expenses (and ideally what i'm missing that i should factor into my calculations). Part ...

Kar Sun Lease Final Walkthrough
30 November 2024 | 12 replies
Quote from @Kar Sun: My tenant's lease is coming to a close and I am relieved she will be moving soon.She has been paying on time but has been extremely unpleasant and rude.While the money does not smell my mental sanity is more important than money in this case.She sent me a registered letter stating that she feels "unsafe because we have not done the fixes the way she wanted it".She requests to have her witness for a walkthrough.In my state a walkthrough is required but I am not about to grant it to her to bring any witnesses as that is not in my contract.If she feels unsafe she does not have t be present.I also do not treat a final walkthrough with a tenant as a final sign off.This walkthrough does not include a detailed inspection of the plumbing and the appliances that will be done after she departs.This is simply for the visible cosmetic issues and should take less than 1 hr.  
Roger Mace Are Your Loans Recourse or Non-recourse, Know the Difference
29 November 2024 | 9 replies
Quote from @Jeff Chisum: If a DSCR originator (keep in mind you don’t need a mortgage license to originate) tells you the loan will not be reported on your personal credit but require you to be a personal guarantor your next request should be; “I want to see in writing it will not be reported on my personal credit”.  
Shane Sours Veteran that is new to real estate investing
30 November 2024 | 2 replies
Essentially, you have to spend your own money and complete work on the property prior to reimbursing yourself out of the escrowed rehab budget.The draw process typically takes 5-7 days from initial request, to scheduling an inspection, and finally for the lender to wire those funds to you after your work is confirmed by the inspector.
Matthew Giblin BRRRR Section 8 Multiple Area's
2 December 2024 | 14 replies
I’d love to connect and discuss the numbers further.I sent you a request.  
Russ Anderson Multifamily Development - Networking w/ Experienced Houston Area Developer
28 November 2024 | 2 replies
Just sent you a connect request.