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I own quite a few condos in one complex and I am now on the board. Does anyone have experience running a home owners association? Our group has 4 out of 5 positions. Any tips? Any things to avoid?
It is in...
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I hope this is a quick question, and I can get an easy answer.
I am buying my first home, and am waiting for a closing date. Our mortgage lady is aggravating me to no end. We have applied for a conventional rehab lo...
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I wanted to share a recent experience I had and see if others have had similar.I was interested in a duplex in the Milwaukee area. It was listed on the MLS and I was prepared to make an offer. When my agent went to ...
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https://www.biggerpockets.com/... (Link to calculator)
I just placed an offer for this property in Cleveland and I just want to make sure I am taking into account proper reserves as this is my first endeavor into t...
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I've heard "cash is king". I'd argue that "cash flow" is even more important for any business owner or active investor. I'm currently in a position where we have three rehabs underway, with renters expected in all thr...
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I recently was aiding my client in bidding for a property on xome.com auction site. The bidding was set at $5K increments. Our maximum offer was $194K, and "another bidder" took it to $199K (5K increments) and "yet an...
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First deal to get my feet wet in REI but have quick question.In contract with a property that I expect will cash flow $70-150/month (10% vacancy, 10% PM, $100/mo comb. capex/RM); cash return of 7-13%, excluding what I...
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Hey all, I’m new to this and am self managing remotely. The first two renters were great and gave 5 star reviews on AirBnB. My last renter did not respond to any method of contact. My electronic lock was opened over 1...
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I wanted to share an interesting experience that happened this evening regarding fraud on Airbnb. I received a phone call from our tenants stating that a man had parked in their driveway expecting to come stay in the...
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I have a tenant that broke a lease and says that Military personnel ( I believe he is in the reserves - not active duty) can break leases with no recourse if they move due to military obligations. Does anyone have any...