Dennis Yosco
Buying a home from a seller with dementia
8 December 2021 | 7 replies
You can talk to her for 30 minutes and think she is completely normal, then she starts repeating herself.
Matthew Kirkwold
Telling Tenants You're the Property Manager
12 December 2021 | 50 replies
You have to have an address in your lease to receive legal communications during normal business hours.
Shannon Vistisen
Purchasing a STR in Michigan
11 December 2021 | 17 replies
DTI and credit score requirements were stricter than normal.
Julio Gonzalez
Example of Cost Seg Study on Self Storage Facility
12 October 2021 | 0 replies
The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.
Katie Jewell
Structuring Repayment of Damages
20 October 2021 | 22 replies
Here were the keys: 1) Got tenant to agree the damage was due to his negligence and he signed a statement to that effect. 2) Got him to sign a Promissory Note (found it online for Oklahoma and simply copied/pasted) saying he would pay the full balance due by minimum of $200 payment per month due same date as normal rent.
Michael Fucillo
Good Tenant Wants Boyfriend to Move in But...
2 November 2021 | 13 replies
I agree with the no to the boat and while I am usually fine with tenants finding significant others and moving them in (as long as the occupancy numbers are safe), this one sounds like a gambling debt coming in hot after a night in Vegas.
Kevin Garabedian
HELP-Challenging Foreclosure Validity Court Process Best Strategy
4 November 2021 | 22 replies
I got a good enough deal on it that even with a normal eviction factored in I thought it was still worth it.
Elijah Friedeman
First investment: Buy and hold or flip?
15 October 2021 | 9 replies
Slight foundation issues, which is normal for the area.
Jeff D.
Insurance for vacant soon to-be-remodeled building
15 October 2021 | 2 replies
In my area there are regular markets that will consider the Renovation Builders Risk but the Vacant policy normally is placed through the Excess (surplus lines) market.
Manish V.
Estimation on repair cost before buying a SFH
17 October 2021 | 4 replies
We may be able to negotiate some of these in offer price but trying to see how do we normally estimate the high-level repair cost e.g.