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Results (31)
John Endicott Approximate repair cost on sunken floor
13 July 2019 | 5 replies

I'm looking at a property that has sunken floor in the middle of the house to the point where it has separated from the interior walls. I've seen this happen before where a pipe from the sink in the kitchen had leaked...

Jordon P. Existing Tenants/Leases - No Late Fee
7 December 2018 | 9 replies

Purchased a 3-unit in Pennsylvania October 2018 that was fully occupied and leases in place. Rents were paid a little late in November and mostly on time for December, except for one unit. He texts me today and says h...

Kyle Kovats FullTime In-House Underwriter or Outsourced 3rd Party Underwriter
20 January 2022 | 8 replies

One of the most time consuming tasks for syndicators that is critically important to purchasing right is underwriting. Doing a quick analysis and figuring if a deal is even worth pursuing is rather easy. But diving de...

Robert Smith Low Credit Score - High Debt - No Late Payments For 4 Years?
21 April 2020 | 3 replies

I have an applicant who has a credit score of 650, $97,000+ in debt ($53,000+ in credit card debt, and $42,000+ in auto loan debt), but has not been late on a payment in 4 years according to his credit report.He claim...

Howard Greisman Rent due on 1st no later than 3rd. What about weekends?
24 June 2017 | 3 replies

Hi, If you have payment of rent on the 1st of each month with a grace period of 3 days how do you handle weekends?  That is if the 3rd day is on a Saturday or Sunday, do you give them until close business day on Monda...

Michael Healy Inherited tenant says no to rental increase
26 December 2016 | 17 replies

I inherited tenants in an 8-unit MFH that I recently purchased. I have given most expiring tenants a grace period of 2-3 months since their lease expiration before activating their new lease with a rent increase.  I h...

Kenny Szymanski Has any one tried to refinance a rental in buffalo,NY lately
19 July 2020 | 0 replies

Has anyone tried to refinance a rental property in buffalo,NY using a local bank,if so which are accepting applications. If no local any recommendation for a alternate lender.Ty