Jef A.
How do i fund this purchase?
13 August 2018 | 6 replies
I estimate some electrical work, kitchen rehab, painting, & flooring.
Kali Pagan-Willms
We need a real estate lawyer
12 August 2018 | 1 reply
Last night we had a contractor come in, assess the damage and then work on cleaning it all up, drying it out and spraying.
Ashley B.
My FIRST deal has turned into a nightmare
13 August 2018 | 17 replies
I discovered that there are flooring issues in one of the bedrooms so the contractor will need to cut the floor up to see what’s going on.
Steve G.
Cap rate expectations
18 August 2018 | 14 replies
It's hard to find deals right now, but if you're the bank (cash purchase) or you don't care if your returns top 7 or 8% (institutional buyers) then you're going to clean up nicely because competition has greatly slowed.
Denny Wu
3 Family Home with 6 owners: Tax consequences for LLC transfer
12 August 2018 | 2 replies
My parents own their primary with my two uncles and they each occupy a floor.
Emilie Ponsin
How much can we take out from a security deposit ?
11 September 2018 | 7 replies
We received a small note like this: -Paint and small repairs: $ 900-Other supplies: $300-Rent ; $100 We really took care of the apartment, removing all the shelves, plug all the holes and did the cleaning myself.
Adam Campana
Keeping seller in home - creative transaction help!
14 August 2018 | 1 reply
Make a clean offer and be rid of the complications of allowing her to stay.
Charles M.
Rats are squatting in my rental How do I evict them
14 September 2018 | 2 replies
You definitely don't want a situation where someone gets hurt by traps or poison that you place.If it is more related to the tenants being pigs than a hole on the outside then it may require some education on how to keep things clean and charging them for pest control if local law allows it etc.
Paul Guetter
sell or hold onto current rental property? what do you think?
15 August 2018 | 3 replies
Additionally we have gotten ourselves in a bit of debt and could use the profits from the sale of the house to clean up our current finances (about 15k in credit card bills).
Mike K.
Rehab Management Rate/Fee?
23 August 2018 | 11 replies
Mostly cosmetic items in my opinion (new flooring, painting cabinetry, fresh paint, electrical and plumbing fixtures) etc and one bathroom is having a completely new tub, shower body (+ finishes) cement board walls, waterproofing and tile work.