11 January 2023 | 35 replies
I don't know I have seen many deals were inspectors miss things and cause the transactions to go into litigation and they get sued as well.also anyone who has been at this for a long time has had appraisers miss the mark or do a very lazy job and use comps that are not comps and kill your deal and you want to kill the appraiser. all these professions are just like all walks of life you have great mediocre and poor .. its just life.
11 January 2023 | 3 replies
Selling it on the MLS would cause us to bring money to closing since we just bought it this summer.I have an investor interested in taking over the building and has previously done a few seller financing deals, as the mortgage is not assumable.
11 January 2023 | 18 replies
You technically can be a 0 exp cause we all start somewhere, but again you will not get the best rate possible.
12 January 2023 | 5 replies
This may be one of the issues that is causing issues and making the carriers not want to take the property.
11 August 2019 | 12 replies
If the Housing Authority later pays what’s owed than it just negates the notice and no harm done.
19 November 2022 | 6 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
31 August 2022 | 4 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
28 August 2022 | 8 replies
You don't have to worry about payments from the tenant.That is what I’m thinking but I just worry my house will sit forever for sale whereas I know there’s tons of people needing to rent (cause they can’t afford to buy with how high prices are) and they’d love the option to rent to own to help them one day own a home.
19 April 2022 | 9 replies
If she is interfering with Tenant B and C's peace and quiet and causing a scene, then that could force them both to move out so by keeping one tenant, you lose two.
28 November 2022 | 29 replies
The idea that it is riskier or that the cost of insurance will cause the policy to lapse is pure nonsense.