Hello, I have a small self storage in Vermont that recently experienced some theft - thieves cut off tenant locks, went in units and then put another lock on to disguise the disturbance. Many of our storage facilities...
Hi all, I have several sfr rentals and want to move up to 4 plexes. I’ve been doing 30 year mortgages on my rentals. Question is - do any lenders only require 15% down. I know the risks but the properties I am looki...
I found a property for foreclosure. It was set at $180k and area estimate showed a real value of over $250k. I know that on paper it looks like a great deal. But, this is my first property I am trying to buy and my so...
Last month my tenant paid half the rent with promises to pay me the remaining half in 3 days. He paid another portion, but was still short $50 on total rent.This month (november) I told him full payment had to be in b...
Hey gang, I'm looking for a portfolio lender in the Rochester area - specifically, I'm way out on the East side. I'm about mortgaged-out in the traditional sense (closing on my 4th mortgage in a couple of weeks) so I'...
The policy I was quoted has a 10,000 limit for backup or discharge of water. I'm concerned about a pipe bursting and ruining the floors, drywall, and kitchen cabinets. Do you think 10K is sufficient? What is the norma...
Hello all! My wife and I begun our RE investing journey about a year ago leveraging 2 HELOCS on our primary resilience to purchase STR’s. We are cash flowing pretty nicely now and we’re wondering if right now is now a...
One of my tenants informed me that all the lights in the hallway (3 fixtures) are no longer working. The breaker is ok, and all the other lights on that meter are working fine. Any ideas what would suddenly cause this...
I own a duplex that was built in 1989 and has had 2 stable long term tenants with no interest in selling. An investor who is buying the duplex next to mine wants to trade a duplex he owns in a neighborhood nearby so h...
Curious how this will play out in the courts (granted it's LTR) and affect pricing products used for STR such as PriceLabs (which I use but have to seriously manually adjust for very specific reasons). I'm aware that ...