Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
John Mead Can a property management company put a lien on my property?
7 February 2024 | 18 replies
They do not have to go to court to obtain a judgement if they are filing a mechanics lien which is what it sounds like you are describing.
Philippe Schulligen Looking for turnkey provider recommendations doing BRRRR
24 January 2017 | 18 replies
We have been doing this for 35 years so what we're doing something a little bit unique selling the property fully rehabbed with new mechanicals, fully upgraded kitchen w/ granite tops and fully upgraded bathrooms w/ ceramic tiles and putting a quality tenant and the selling the house as an investment we manage the property for three years and we warranty the house for a year houses and guarantee 8% minimum for 3 yrs for around 95k u getting 1k in rent and taxes and insurance around $2500 so around 10% per year.
Carson Wilcox evaluate wholesale deal
20 January 2017 | 2 replies
They will still need to provide you with a purchase contract and you will need to put up some consideration but I expect the mechanics to work like normal.
Jenn A. Closing Attorney, Escrow Agent or Title Rep for a cash purchase?
25 January 2017 | 9 replies
But will may require you to use draw requests through a title company to pay for the updates as it helps the bank protect from getting mechanics liens filed on the property.
Solomon Oh Returned letters from Direct Mail Campaign
30 January 2017 | 13 replies
There should be a book and page associated with the lien if it's a mechanics lien or bank lien.
Billy Gullett investor from Louisiana
17 February 2016 | 12 replies
If you don't know what deferred maintenance (or the less obvious mechanicals running on borrowed time) looks like, your expenses will eat you up.  
Ashlyn B. Bountiful – Ogden, Utah Investment Properties
8 March 2016 | 5 replies
Example I just saw a property with mechanic garage listed as: Asking $185,000 for purchase. the rent for the house was $700/mo and the garage was rented $300/mo (thus .54% rent to purchase ratio).
Thomas Fortune When to fire contractors
16 September 2015 | 3 replies
Your holding costs will eat away at your profit if the next contractor can't start for a couple of weeks.You could fire this guy and out of spite he places a mechanics lien on your property to screw with you and delays your ability to sell the property until you can clear it up.
Steve Horvath Newbie - Chicago, IL
22 February 2016 | 15 replies
You will have to develop a mechanism internally for BS Detection.
Mohammad Sheatt Retail/commercial vs SFH
9 May 2016 | 4 replies
Mohammad,For a small retail storefront as you are describing, I would expect that the tenant would be responsible for all utilities, trash collection if it is not city pickup and maintenance of the any existing mechanicals (e.g.