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Hey guys,I am looking for advice regarding payment automatization vs old school checks. Here is the story.I recently acquired a small storage facility (34 units) in Carson, WA (40 mins from Portland). It has been work...
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We recently acquired a dozen or so multi-family properties. The previous owners gave one tenant reduced rent in exchange for him doing small jobs and being on call for maintenance. Once they sold the property he got ...
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On a $100,000 loan for example, what is typical. Including origination, broker fees, and yield spread? I know every loan is different but what is the average or usual?
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Current situation:I agreed to purchase a property "contingent upon building inspection." Yesterday I had said building inspection. The units were to be empty upon inspection. (2-3 hours) While my inspection guy was ...
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HI,
I have a tenant that on last renewal notice they signed that they won't be renewing the lease, in fact they already moved but still have some stuff to take out, I did give them the extra few days, now I was going...
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What are y'all doing to reduce turnover in your homes, or lots? Are you using credit checks? It just seems like everyone(at least around here) has bad credit. Stable income at least 3x's total housing payment? Do y'al...
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Hello Everyone, What is the standard practice for applying (or not) both of the following in the first month of a new tenant placement: 1) the monthly property management fee; and 2) the leasing fee (1/2 of the monthl...
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Any one know the common price range for property managers here in Akron? I'm trying to start house hacking (with FHA or 203k loans) with the eventual goal of refinancing properties I acquire and then let property mana...
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A quick question. I have tried to re-finance with Bank of America for a 3 unit but have been told that BAC was told by the Gov. to suspend use of HARP 2 for investment properties for 60 days, and possibly 60 more. I ...
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I have a NPN 2nd note in GA which has no equity. I went through the FC process and now have the deed but the borrower still isn't responding. Based on the communication my workout specialist had with the wife(who is n...