Joe S.
How do you handle a NON agreed upon price bump?
How do you handle price increase by your contractor that was not agreed to by both parties? If you have been rehabbing Houses then you realize that it is common practice for the contractor to try to do an add-on price...
Matt Holmer
Customary Property Management Fees?
Good afternoon-I am reading over a potential PM agreement and want to confirm that the PM charges are reasonable and customary.1) 75% of one month's rent for tenant screening/placement. (Seems reasonable)2) 8% monthly...
Joel O.
Estimated Cost of Adding SQFT
Hey all, I plan on speaking to a handful of contractors today.What do you all expect the average cost of adding about 500sq ft to a single family cost around the Pittsburgh, Lakewood, Grant park areas essentially sout...
Jesse Rolla
Adding square footage on rehabs - friend or foe?
Here in So Cal we're seeing quite a few potentials deals that will work IF we can add an additional room(s) and/or bathroom(s). With the decreased inventory we're trying to stay busy but don't have expe...
V Krishna
Insurance for Rental Property on LLC with 3 Members
Hello - I bought a rental property (single family home) on my name and would like to transfer it to an LLC with 3 Members. This is in the state of Texas. The members are myself, my own brother and a best friend. The i...
Brian R.
Suggestion request: Minimum Renter's Insurance to Require
Hello all! Thanks in large part to this community I have bought a town house, renovated, advertised, screened, and approved a tenant for my first real estate investment in Philly. Thank you all of the help up until th...
Pillar Jane Lagrito
Rental Certifications in Warren Mi
Hi all! I've been searching for investment properties in Warren/Eastpointe area of Michigan and have cme across some propertirs, which I beloeve, may have unpermitted addtions (bathroom or bedrooms). How does that aff...
Cathleen Ohannigan
Self Directed Checkbook IRA
I have an IRA LLC with a property in it. I have two questions: 1. I also do hard money loans. Do I use the same checking account LLC for hard money loans or get a new LLC or just keep the money in self directed IR an...
Brian Hinkle
Renters Ins; LL listed as Addl Interest, not notified of cancel
Hello,I am running into something right now that I didn't think I would have to deal with. Each of our leases indicate that the property owner must be listed as additional insured. Some insurance companies do not allo...
Bryan Vince
Renters Insurance???
We have rental units of various types (Multifamily - a 6 unit and a 10 unit, Duplexes, SFHs, and a couple condos). Our rental agreement clearly puts all liability for accidental disasters on the tenant (worded well)...