Zackery Deeringhaddix
Im a new investor in Cleveland
25 April 2022 | 2 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.
Thomas O'Donnell
FHA 203k Loan Advice
25 April 2022 | 2 replies
A firm price is good but there are usually unknown expenses that occur on many rehab projects, which is why the Standard 203k has a 10%-20% contingency reserve added to the rehab price to cover these items.
Mary Joe
Landlord liability - gas leak, appliances, balcony, windows..
23 April 2022 | 9 replies
Yes, massive judgments can occur, but they are a rarity and many times they are greatly reduced upon judicial review or settled between the parties after the initial verdict.
Mario Am
tortious interference from a real estate agent
24 April 2022 | 19 replies
In order for it to be tortious interference, a tort would need to have occurred ("fraud, misrepresentation, intimidation, molestation").
Mary Joe
Typical cost of umbrella insurance $2M-$3M in NY, FL elsewhere?
24 April 2022 | 7 replies
But yes, they will cover any vehicles/properties you specify in the policy no matter where they are or where the lawsuit occurs.
Zackery Deeringhaddix
New Investor in Cleveland
25 April 2022 | 2 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.
Joshua Taffe
Am I getting taken advantage of refinance closing costs
29 April 2022 | 14 replies
Should you discover this offer is competitive, you can always circle back at that time, but be conscious of any rate locks or potential adjustments that may occur if you delay on moving forward while shopping other lenders.
Michael Johnson
Looking for Recs for Single Family Property Management
27 April 2022 | 1 reply
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.
Michael Weis
Buying across the street from a major new mixed use development
29 April 2022 | 8 replies
Most of the major developments that have occurred in Columbus, OH in the past few years have had a tremendous impact on the property values of the nearby homes.
John Moore
Finding good property management
6 May 2022 | 5 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.