I closed on my first 4 unit back in January. At closing, the sellers provided me with a 1 yr leak warranty, which I had requested after our inspection. Needless to say, found a few leaks that needed to be repaired. I ...
Hey guys! We're looking to invest in the Cleveland area in the next few months, and we're tying to learn as much as we can about the area. I'm trying to make sure I understand the POS inspection process. I'll use C...
Hi! Have a question for landlords and property managers in Grandview MO. Do you or most landlords comply with the city ordinance to get their properties inspected & registered by the city? What does the inspect...
I'm making my first offer on a property Monday. It is currently bank owned and they have been doing tons of updates and are still in the process of doing more and all will be completed before a new owner would take o...
Hi all,I'm about purchase using an escrow hold back so I can roll repair costs into the loan but I've not been able to get a clear reply from my loan officer regarding details of the process. Lender will require 150%...
Hi, one of my rentals had fire damage and is insured through Allstate. They were great with the process so far and have a check ready for me, but they said since I have a mortgage on the property they send a check wit...
Hello,
My wife I are in the process of buying a property through a 1031 Exchange. This is an investment property in the mountains near Breckenridge, CO. We intend to use the property as a short-term rental (AirBNB/...
I own a property in Philadelphia which is managed by a professional management company. My tenant had not been paying rent for months due to maintenance issues. The property management company says that the tenant a...
I’ve heard of using a FHA 203k loan for a house that needs to be rehabbed. Does anyone here know much about this type of loan?1) What types of homes qualify for this loan?2) How easy is it to secure this type of loan?...
Hi all,I am a rookie investor, have been managing my duplex for 1.5 yrs. However, recently have been assigned out of the US for work and I'm not able to keep up with managing it while out of country.Other investors in...