Len Miller
Do i hold it or sell for a loss and move on?
28 November 2019 | 11 replies
.- Had the unit under contract for sale- pre-sale inspection found moisture in the wall.- needed to get out of the hard money and refinance with a bank.- couldn't refinance because there was an issue with the documents the daughters of the deceased signed- had to reach back out to them again.- refinanced the property with a bank.
Reya Ripet
Impossible to get 300k liability (landlord insurance) ?
18 September 2023 | 6 replies
Some agents are even pushing policies to Citizens when it could go to a standard carrier or Excess & Surplus (E&S).
Morgan Crandall
Cracked Tile in Bathroom & Kitchen (2nd floor unit) - Urgent Issue or add to list?
18 September 2023 | 7 replies
If the "cracks" are in the grout lines, and in particular, in a "wet" area such as tub surround or shower floor, this is a bigger problem as it is likely allowing significant moisture to reach your subfloor and cause wood rot.Tile jobs will typically take three working days to complete properly, so your Tenants will need options for use during that time.
Emery Jensen
What to charge STR arbitrageurs?
2 June 2023 | 64 replies
Expertise in the field of STVR management including marketing , communication and operation determines the level of professional ability.The ability to purchase an excessive amount of liability insurance does not increase or decrease the probability of loss for a property owner.
Anthony Porembski
Best methods to pay contractors??
2 May 2020 | 68 replies
What I won't do is pay an excessive up front deposit (depends on the scope of the project, but generally no more then 20%).Here's a tip that has worked well for me when negotiating draw schedules/amounts with contractors: tell them that the final draw, to be paid only after all inspections are passed and punch out work is completed, will be no less then the initial deposit.
Alixander Laffredo-Dietrich
Roof Cost Strategy Advice Needed
11 September 2023 | 7 replies
Leakage will leave a trail of typically white sediment, and often lead to a joint or corner where the moisture settles and actually rots the wood or attracts carpenter ants/termites.
Logan Pourbaix
BRRRR Strategy-Do you leave money in the deal?
19 July 2021 | 4 replies
Its nice when you can be left with excess funds after the refi to reinvest.
Roberto Santana
Paying mortgage monthly or bi-weekly?
30 May 2017 | 22 replies
Don't be bullied buy (in Allen Greenspan's words) excessive exuberance so often found on BP.
EDWARD M.
Can I use a BRRR strategy to purchase my first 2-family OO home?
31 May 2017 | 6 replies
I don't have much cash in excess of the down payment and prefer not doing 203 because I feel like I might have better options.
Sarah Pratt
Almost a month past original closing date -should i consult atty?
12 October 2016 | 3 replies
I don't WANT to do anything except close on my house but even though I understand that mobile home loans are very difficult, this seems to be a little excessive.