Grant Gibney
Rent Premiums + In-home Business
5 April 2024 | 1 reply
I have been approached by a number of companies who provide housing solutions for individuals with special needs and think it could be a fulfilling partnership, but want to make sure I am mitigating risk and protecting myself.
Account Closed
$10M into $20M
4 April 2024 | 8 replies
Let's say I want to turn this into $30-40 million in the next 20 years, without liquidating everything, is there a way to leverage these assets to reach that goal?
Ian Verzoni
Insure the Roof (wind/hail) in OK? Or just pay out of pocket?
5 April 2024 | 7 replies
Wind/Hail has hit them hard over and over to the point that a lot of companies have pulled out.
Ian Verzoni
Incorrect Escrow Analysis?
5 April 2024 | 1 reply
I've been paying escrow+mortgage on rentals since 2015 and never had this happen to me.Details:Mortgage company does an escrow analysis and finds the following:2023 Taxes $1648 + Insurance $1634 = Total: $3282New Escrow for 2024Taxes $2331 + Insurance $1918 = NEW TOTAL: $4250- With increased tax and insurance I owe $968 more on escrow.- $968 difference paid out over 12 months would be $80.60 per month MORE.The mortgage company is claiming that I owe $3,000 MORE in escrow and is charging me an additional $250 per month.I checked with them and I've NEVER missed a payment and have been up to date this whole time.They say its not a mistake but couldn't explain why I owed $3000 more instead of $968 more for the year.Am I missing something?
Dona Cardenas
REIT investing - Good or bad idea
4 April 2024 | 42 replies
“As a result of the foregoing, the Company reported a net loss of $616,388 in the year ended December 31, 2020 versus a net loss of $68,202 in the year ended December 31, 2019.”
Deb Tarasiewicz
Exterior Water/Sewage Line Coverage
5 April 2024 | 2 replies
We were contacted by our PM regarding this coverage and they recommended this company.
Ian Rysdale
Financing for a 2nd rental property
4 April 2024 | 6 replies
I am completely new to this stage of my journey so wondering if there's some way I can leverage some of my other assets to make this work.
Kenny Simpson
Mortgage rates in the 4's and 5's in 2023?
9 April 2024 | 64 replies
We’re closing both offices and working remotely and will be better companies for it.
Travis Andres
House cleaners in Cleveland area
5 April 2024 | 4 replies
So I would think that any good cleaning company could come and do a deep clean after a 3 month stay just like you would with a LTR tenant flip.There should be a ton of cleaners in that area.
Matthew Slaughter
Tenant Has Not/Will Not Sign Lease
6 April 2024 | 15 replies
That gives a clear consequence to the tenant, and also gives the property owner a clear reason to evict (if necessary).If you're unsure about the legalities or the best approach, consulting with a property management company familiar with local laws or a real estate attorney could be invaluable.