Summer Tannehill
PM company hired unlicensed individual, poor quality work
Our property management company used an unlicensed individual to do drywall work in one of our units. That was the one issue, but it all began a while back. Basically the unit had popcorn ceilings and they were crack...
Dado Vucak
How Many Samples When Testing for Asbestos?
Quick BackgroundUnder contract on a 3 bed 1.5 bath ~1,400 square foot 1970s split level set to close this Friday, 9/17. The current strategy is "STR BRRRR". We're essentially taking it down to the studs and converting...
Peter Ngu
How to 1031 SBA loan?
I own a mix use building $1.1M . Got a SBA loan a little over a year ago to purchase the building. Originally want to open our second popcorn store there but changed my mind. A friend is offering to buy my property fo...
Tim Hershberger
Condo Purchase - Pensacola Florida
Investment Info:
Condo buy & hold investment.
Purchase price: $185,000
Cash invested: $6,000
2br Condo. Currently renovating and will become primary home (near future) allowing us to rent out ou...
Brandon Holman
Investment Property #1 - Check!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $300,000
Cash invested: $39,000
This is my first investment property!
What made you interested in invest...
Patrick M.
Applying BIN Shellac To Reduce Smoke Odors - Does Timing Matter?
Hey there all - we are working on a flip where we got into a 2-story townhouse with units on either side, and we have realized we have a chain smoker in each of the adjacent units. The unit has popcorn ceilings, and w...
Brad Nowak
Changing to electric heat from radiant in a small apartment building
I have seen properties convert the radiant heat system to electric board heating style during remodels. I am wondering what an average cost per unit would be and what things I should be aware of? These are smaller 650...
Steve A
California Foreclosure Moratorium Ends
Now that the California Foreclosure Moratorium has ended (Sept 15th), do you expect that we will see an increase in filings? Or was the law so toothless as to have no real effect?
If the end does have an e...
Kimberly Roth
MLS build date incorrect. Any recourse?
Hi. I’m in the process of closing on a duplex and the appraisal came back where it identified the property as being built in 1972 versus 1982, as was listed on MLS. My biggest concern is the popcorn ceilings and high...
Ali Ahmed
How much to spend in renovations if rent would go up by $200?
My tenant vacated on Aug 1st and I am getting bids to do repairs/ upgrades. Currently there is carpet which i plan to change to tile and the bid came in at 3k. There are other miscellaneous repairs that are long due a...