Jorge Abreu
📚Kick off the New Year with These Book Recommendations!
23 January 2025 | 2 replies
Napoleon Hill's masterpiece takes a dive into the power of the mind and the principles that lead to success.
Aaron Wolman
Looking to split utilities for the first time
29 January 2025 | 3 replies
Quote from @Aaron Wolman: I would call the companies (gas/water/electric) to get estimates, or an estimator out there.
Craig Holland
Empty lot lenders
27 January 2025 | 5 replies
The property next to me is a 1 acre lot, it has a Well, Septic and Power, but no structure.
Brandon Morgan
mistake in lease! what to do?
11 January 2025 | 5 replies
yeah the tenant pushing back is my concern. it just so happened that this happened with the tenant that seems to not like paying. and the heating is electric and this winter has been extremely cold which caused the electric bill to jump up to $800!
Holly Radice
Unpaid Utilities on Potential Deal
22 January 2025 | 4 replies
Or you turn on power and there isn’t any?
Abraham Garza
1acre with 4 manufactured homes for rent is it a good deal? Newbie
21 January 2025 | 1 reply
I recently came across 1 acre asking for 314k in a very good residential and growing location, so the current owner has added 4 manufactured homes with 4 electrical meters, 4 septic tanks and only 1 water meter for all 4 homes, the homes are sitting on partial slab and partial pier & beam, he also added 2 storage sheds approx. 380sqft with the intention to make them ADUs they are still only the shell so I would have to get those ready to live in, so currently the 4 manufactured homes are being rented and bringing in 2800k a month, 3 of the homes are needing some TLC which could increment rents and possibly get me at 3600k a month, also being a 1ac lot this still leaves about 12,000sqft of raw land where you could build etc.So that is on the good side now the things I did not like so much, the lay out is poorly executed to where it makes it looked crammed up and not professional but it could be fixed.Another is that in reality there is only 4 livable units so that qualifies under a conventional loan but since they're are 6 units on the property the banks are wanting to take it as a commercial so we would have to move out the 2 storage sheds out in order to close as conventional.Another concern, technically you are only allowed to have one manufactured house or single wide in your property according to what I know but I know it could change according to zoning which I will investigate, so my question is has all this been accounted for and if so how can I verify it so it wont leave me in a bind further down the road, I currently asked my agent for the appraisal of the property to see if that might verify.Any recommendations?
Franklin Marquette
Renter's Insurance Liability Requirements
22 January 2025 | 5 replies
The tenant understands that the property of the Tenant is not insured by the landlord for damage or loss of any kind (action of third party, fire, water, theft, vandalism, storm, heat or cold, electrical damage, pests, mold, accident, etc.), and the Landlord assumes no liability for such loss.
Donyea Jenkins
DSCR Loan Question
30 January 2025 | 14 replies
Of course not, but required items such as electric, water, gas, and plumbing all need to be in working order.
Fetch Phoenix
Bought in a Fire Prone Area, should we sell and consider renting?
29 January 2025 | 3 replies
Insurers are looking at more than terrain, it's building, materials, electrical, plumbing, and roofs.Â
Jonathan Small
Case Study: Cockroaches to Cash Flow
30 December 2024 | 1 reply
A complete overhaul of the kitchen and bathrooms, including cabinets, countertops, LVP flooring, electrical and plumbing fixtures.