Aus Smith
Property Management - Contract and Fee Structure
14 November 2024 | 10 replies
This should be defined in the lease agreement as to how it's covered (by the tenant or landlord) and how they're switched over when turnover occurs.2) Not sure if I'm understanding correctly, but any fees paid to the property manager should be separate.
Carlos Lez
Fire Marshall requirements
12 November 2024 | 2 replies
Hello colleagues,The fire Marshall recently conducted a review of an 8 unit, 3 storied old building in Palo Alto, CA that I manage.He has specifically called out for several corrections.
J Kilroy
Lenders that appraise ADUs accurately so I can increase my HELOC?
14 November 2024 | 13 replies
Otherwise Dan is correct.
Michele S.
How to finance a future Padsplit??
13 November 2024 | 15 replies
Overall, you are correct.
Karan Singh
Investing in real estate at young age
15 November 2024 | 14 replies
You have a mechanical skillset you are perfecting so you will always have your trade to barter for access.All correct statements, I won’t leave my job even if I surpass my income from investments.
Chris Seveney
Why jr. Liens can be problematic when in 1st position
13 November 2024 | 15 replies
@Tom Gimer - You are correct, and many loan docs provide that an additional encumbrance constitutes an event of default.
Whitney Bivins
Should I cut my losses and start over?
15 November 2024 | 12 replies
It's possible what you have done on your own isn't even to code or done correctly so you could be losing value if you haven't been careful.It's great that you took action.
Peter Thielemann
Will be inheriting a property I want to turn into a rental.
14 November 2024 | 13 replies
Not only that he gets stepped up basis and sell with no tax double check that with accountant but I think that is correct.. then take the cash put it in 5% gov bonds for now then get up to speed and see what you really want to do.
Marques Chisholm
My tenant is absent and I need help with this one. Please and Thank you.
12 November 2024 | 2 replies
I would start the process for this as an eviction with an eviction attorney, and make sure you follow the process correctly to get her out.
Winson Zhi Jie Zheng
Top ROI for Single Family Flips
6 November 2024 | 3 replies
It's oftentimes the small details that get overlooked - light switches, lighting, trims, closet doors, and if applicable fireplace mantel...Also don't forget about picking a harmonious color palette!