Jill F.
Rent and Covid-19-our letter to tenants
8 April 2020 | 73 replies
There are several plans in news:Congress is working on a stimulus package: Democrats want to provide increased (full salary replacement) unemployment benefits and expanded medicaid to the unemployed and paid sick leave to those who have jobs but are quarantined as a result of the virus for the duration of the crisis.
Tim Greenfield
Cleveland Basement leakage_membrane or outdoor seal
24 March 2020 | 2 replies
There were 2 courses of action recommended.OPTION 1:> 100% Line replacement and Water proof:> - To dig up both sides of house for gravel instal> - Water Proof both sides of home where water is intruding> -Replace storm drain lines needed on both sides of home> - cover and repitch top side to ensure proper flow away from home>> All Labor, Material, tax $13,255Option 2:> Repair Line, Jett, Repitch:>> -To dig 6ft of Stormdrain> - Repair Storm drain line where broken> -Jett lines to help clear buildup/ debris causing water to sit> -Cover and Repitch ground on driveway side of house>> All Labor, Material, Tax $2700I chose option 2, with the idea of potentially using internal membrane afterwards to thwart risk of any more water intrusion.
Kevin Zolea
Advice to a Newbie Under Contract & Stuck
30 March 2020 | 19 replies
He also said If the roof isn’t leaking which it’s supposedly not, that I don’t need to replace the roof and I can hold off for the future.What are your guys thoughts?
Russell Brazil
Be Greedy When Others Are Fearful
3 November 2021 | 72 replies
Dont gauge based on last 10 years, look going forward look at replacement cost, land value, repair costs, cap rate then drop it 20 % then its something to look at deal.
Brandon Heimsoth
My Second Deal + Going to Try Property Management
23 March 2020 | 7 replies
There is no replacement for networking, but you don't have to go the traditional route.
Shaun Roark
How does the property management industry do in a downturn?
29 March 2020 | 12 replies
I was able to replace my previous income within my first year.Most states will require you to have a real estate license to do PM activities.
Ramon Mota
No cause termination still in effect california?
24 March 2020 | 2 replies
Help them find suitable replacement or B.
Eric Salgado
In Escrow Now. Should I push back close
22 March 2020 | 2 replies
Here is the breakdown 2 units combined rents 1350Price 70K and 5K back at closing to replace single pane windows.Both tenants have stable jobs that appear to not be affected by COVID 19 as of yet (1 works at BP gas station husband works at Ford dealership other works for maintenance crew for an apartment complex down the street) I am getting a Commercial loan and was curious on should I wait and push back close on this property given the uncertainty with COVID 19 as well as perhaps getting an even lower rate?
Kevin Paglia
Newbie in Las vegas NV
23 March 2020 | 12 replies
If we do that, then my wife can retire and get a large buyout paid quarterly next year, enough for us to buy several more properties which replaces her income.
Mo Karney
76-unit building Diary
22 March 2020 | 0 replies
He does handyman stuff turning units such as replace flooring and etc. at $12/hr just part-time.