Jonathan Davis
Unexpected hang ups in Refinancing?
8 March 2019 | 4 replies
Thus far most banks have flat out told us they don’t refinance investment properties, highly recommend mortgage brokers say they are willing to work with us and then “ghost” us by never returning calls or emails.Local REIA meetups are full of people wanting to sell us hard money, but we haven’t yet found anyone willing to give us a 30 year refinance on a buy and hold rental property.
Sarah Buchanan
What can we legally ask in screening a felon? (sex offender)
10 March 2019 | 49 replies
I have read that it's illegal (discrimination) to flat out say "no felons" so I asked what the crime was.
Greg Scully
Paying an assistant. Hourly, fee or equity?
8 March 2019 | 3 replies
Hourly, flat fee or equity?
Brad Larsen
What To Do When Landlords Refuse to Lower Their Asking Price
10 March 2019 | 49 replies
Our dilemma is working with owners who flat out REFUSE to lower their asking price even after being vacant 60+ days, seeing the feedback or lack of activity, listening to our portfolio managers when they communicate that the only option is a price adjustment.....but yet they refuse to lower the asking price.OK - the PM haters out there will say this should be OUR decision......that once that PM Agreement is signed.......We "own" that home.
Jonathan Jaffe
What kind of interior paint for rental properties?
16 March 2019 | 15 replies
I used to use flat for most areas and satin for bath and kitchen.
Jason Scott Miller
How much "Skin in the Game" do you like to see from PS MF Synd?
21 March 2019 | 8 replies
Ultimately, you want to evaluate the character of the operator and the risk in the particular deal.
Kyle Longacre
1031 Exchange for $4M: Where to buy and how many units?
20 March 2019 | 57 replies
What if the market stays flat or goes down ?
Rijm D.
Accounting for 10% Property Management, what about 1st month rent
11 March 2019 | 4 replies
I have also seen a "listing fee" which is a flat rate for advertising your place on the market, so you will just need to ask what their policy is.In terms of accounting for it, if you mean when you are running the numbers in a BP calculator, you could always just add into the closing costs or other expenses categories, I know it wouldn't be perfect but at least it would remind you it exists.And I agree, the extra fee for placing a tenant could incentivize the PM to create a higher turnover rate but not always, you will just have to feel that one outHope this helped
Jennifer Winans
To become a real estate agent or not?
9 March 2019 | 6 replies
We sell all of our rehab flip ourself using a flat fee broker service. $100 fee and it’s put on the MLS for us and we run the show!
Mike Silva
Perspective on buying a flat by leveraging investments overseas
9 March 2019 | 0 replies
Currently considering if it's worth buying a flat here by leveraging my property and investments overseas.