Do any of you landlords purchase home warranties (i.e. American Home Shield) for your rentals?
Seems like it would make sense especially on older properties whose major systems are begining to show their age (electri...
This is mostly for owners of out-of-town property, but how do you keep track of your property manager? What kind of reporting do you require of your PM? Are they diligent in showing rentals and following up on rental ...
HiI purchased four properties under one mortgage two years ago. I am looking to sell one of them. Lathe mortgage company told me it would be a partial release. (I hope that is the correct terminology). my questions a...
For any of you medium to high volume flippers, I'm curious as to how you compensate your Project Managers. Our team is shooting for 24 Flips this year (and on-schedule so far) and we're struggling with our Project Man...
I recently had a offer accpted on a short sale that was listed on the MLS. Seller has signed all of our contracts and we have recently started to negotiate with the banks. My questions is, that if a property is a SS a...
Hello, I have a seller who reached out and is offering to sell there home at a extremely reduced price. This is due to the sellers home having mine subsidence and they have received a nice pay out from the mine compa...
One of my houses was hit hard by the Texas freeze, with the main water pipe broken in several places. I finally got my spot in a plumber's long work list and they replaced over 80' of pipe. The house was without any...
Hi I just learned a day ago that my rental house burned down (see photos) I am looking for tips for when calling the insurance company from those that have dealt with home owners insurance fire claims or have insura...
Hi. I am a new Real Estate Investor 'wannabe" and I'm practicing calculating my numbers for a flip. (Using any numbers here)..If I have a property that's asking $50,000 and the lender requires 20% down, ($10,000) then...
In September we purchased a single family home which with minor changes was easily turned into a home and a studio. They are both STR's. I am wondering should the conversion, construction costs be counted as an expe...