Tim Silvers
Flipping prior fire-damaged house
16 September 2024 | 4 replies
Everything was reinforced with extra beams, so we just didn't make it look pretty since it's in the attic.
Joel Rivera
Property Management Referrals
9 September 2024 | 9 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
Anthony Prilo
How to refinance property out of residential loan into LLC
11 September 2024 | 8 replies
It's called something else that I can't recall at the moment, but they'll know and be able to guide you in the right direction.Since there is a large amount of equity in the rental home, just be sure that your new HOI policy has good coverage and possibly think about an Umbrella Policy or additional insurance coverage to "protect you" vs. trying to reinvent the wheel and forming an LLC just for the one property.SD
Minh Vu
Subject to deal with Hud Loans
6 September 2024 | 7 replies
You should verify this with official HUD documentation or through a HUD-approved lender.Term Until 2051:The mention of the loan term extending to 2051 or until the property is sold or refinanced suggests these could be loans with a long-term structure or special conditions.
Brandon Chen
VA Loan Multifamily Los Angeles County
16 September 2024 | 4 replies
Especially being in CA where it's so expensive.Thanks!
Chris Gawlik
Whats it like to invest in C or D class properties?
8 September 2024 | 101 replies
So no complaints!
Brandon Morgan
Is a property manager necessary?
9 September 2024 | 21 replies
If there are any issues, you are only a two-hour drive away, so you could set up a time to come out to take care of an issue, or if it is urgent, you can call a company to come out and handle it.
Wayne Harden
Fix & Flip vs Buy & Hold???
10 September 2024 | 2 replies
Be happy to hop on a call with you to discuss further.
Ravi Kiran
Arizona Tenant - Not paying Rent, Not Communicating
9 September 2024 | 4 replies
Few more points:Their lease is valid till May 2025.This is the first time she even told me about mold.In the email she did ask me to settle the lease.I have a little less than a month of rent as security deposit, which I am ready to settle without any additional penalties for abandoning the property.At this point I am okay with her leaving the place, just I want to get the control of the property back to fix the mold issue.History:1) Recently the AC has been replaced and after that there was some intermittent issue with the installation (temp doesn’t reach target intermittently) and I had to call the tech back 5 times to finally get it resolved.2) Also last month I replaced electric range with Brand new Electric range.3) Two months back she said the refrigerator was leaking, I asked her to send picture of the make and mode of the refrigerator, but I never got a reply back.4) Also for last 4-5 months she has been asking me to send her 5-day notice so that she can claim reimbursement, I was sharing a document and she was paying the rent a little late.
Marc Shin
how to people who manage STR's track "Active Material Participation Activities"?
15 September 2024 | 5 replies
So not hard for me to justify being a REP.Google xxx excel template to find what your looking for.