Christian Rodriguez
Tips For Fix and Flips
8 September 2018 | 5 replies
Dealing with lead paint is one particular thing I have seen first time flipper totally miss and see them taking short cuts that eventually come back to bite them.
Debbie W.
Assess new tenant for damage
8 September 2018 | 3 replies
Keep it short and professional.Dear Tenant, We confirmed with the plumber that the flooding was a result of a sewer line clogged by paper towels.
Ron Fletcher
Investor buying enough units to control HOA. Worry or not?
12 September 2018 | 14 replies
When we purchase a large chunk of units in a condo building, the investor has targeted the property as a takeover possibility with short term rental profits.
Ashley Harris
Anyone have experience with right-of-way access to a property?
8 September 2018 | 2 replies
well your description of the situation is not complete.. do you know its landlocked.. somehow if there is a home there I suspect it is not.. but it does happen I am in a landlocked case right now been two years fighting it thankfully I have title insurance and they are paying the lawyers.. first thing you do is not rely on your own due diligence if your not a surveyor or familiar with maps etc.you do one thing first .. you order a title report.. you may have to pay for it.. say 200 to 250.. your probably in a title abstract state. ( not sure but most of the NE is) the title company hires an abstractor to do the court house work they will then write you a title commitment.. if your TRULY landlocked there will be an exception IE they wont insure access.. if this is missing then you ask them to clearly denote on the plat map where the legal access is.. you then take that map and see if it works on the ground..
Janisha Miller
Short term Occupancy Laws
8 September 2018 | 0 replies
I run a couple of corporate rentals and was told that Georgia law states I can only have 2 people in a one bedroom apartment but that was for long term leases.Is there a law that states I can have up to 4 people if it is short term (less than 2 weeks majority of the time)
Danielle Z.
HELOC on a second home (not a vacay prop)
13 September 2018 | 5 replies
The current standard closing timeline is too short to also get a HELOC approved in time, and the mortgage lender will usually need to see those funds available to underwrite your next mortgage (though I'm not a lending expert, and it's possible if you used the same lender for both products, this might condense a bit more).In terms of strategy, we got the HELOC for as much as the lender would possibly give us, but only took out what we needed for the specific property when we found it.
Brian Bertschi
Getting a loan for first property
13 September 2018 | 17 replies
Keep you answers short and to the point.
Johnoson Crutchfield
A new investor all over the place
10 September 2018 | 4 replies
I have now acquired about 35 rentals in a very short period of time (15 months).
Roger S.
My 1st BRRR, I dove in the deep end.
9 September 2018 | 5 replies
In a few short years (goes by fast when working hard), you will be able to give your boss notice.
Anita Muhammad
Is being a landlord worth it?
12 September 2018 | 40 replies
Ensure you have enough to buy an investment property and also enough for a safety net in case something goes wrong shortly after purchase.