David Lee
Has this happen to you?
I from NC and the last week has been pretty cold around here. On Monday it was colder here then it has been in over 100 years. I had one of my renters call me and say that they had a water pipe to burst but that th...
Sheba Shimoji
Pay my own property management company
Hi, I have 17 unit rentals and I have set up a S-corporation acting as property management company. The average property management fee in my area is 10% of the rent collected. How much should I pay to my corporation ...
Tom Coakley
Need help -rental property and basement water.
Looking for some advice. My wife and I have a rental property with tenants in it. After years of no water in the finished basement and laminate flooring, we recently replaced the flooring with vinyl flooring. Sure en...
Davinder Toor
Need Help with Contractor Side of the Business
Hey Everyone,I have been investing in Milwaukee / Wisconsin for a few years. Besides some rentals, I own a few retail businesses, but am looking to put more time into real estate because it simply interests me more. ...
Haim Mamane Palman
Wholesalers - need your advise
I do out-of state wholesaling (I live in San Francisco and wholesale in Memphis). So far I was able to do deals with Assignment of Contract with no problem. The problem with that is that the seller see how much I m...
Larry S.
Late Fees with a PM Question
Hi All,I'm super excited to be under contract for my first property. I was reading through a PM agreement from the company I intend to use, it states that the PM keeps all late fees. Is this common practice in the PM...
Patrick Britton
Appraisal on +5 units
Question about the appraised value of larger multi-family properties...Is the appraised value based on the NOI of the current rent (or appraiser's estimate of rent)? If so, how would an appraiser get all data (expens...
Brett Dufur
How to structure "wrap" loan on three 4-plexes
Hello! I'm looking at an interesting investment, but I need your advice on how to seal the deal.I'm talking to an elderly gentleman in his 70s, who still manages 100+ units(!!). He wants to make me a "sweet-heart of a...
Angelina R martinez
Learning about WHOLESALING
SO, based on what I've read thus far, wholesale get a bad rap. I'm ok with that part, but I am currently working a W2 and I am looking for a side hustle to earn extra money to buy my first property. I am on fire and r...
Account Closed
Creative ideas for working with tenants who can’t pay rent?
Aloha from Hawai’i Island! We manage over 100 privately owned work force housing units here in Big Island of Hawaii. At this time quite a few our tenants are on some kind of unemployment due to the shut downs and lack...