My husband and I want to purchase a 2nd rental property. We have been listening to the podcast and reading the books. It seems like the advice when running the calculators is to budget $100 per unit each for cap ex, m...
I have these really difficult tenants that I'm dealing with. I've given them a 60-day notice, a 3-day pay or quit and they still have not yet paid full rent or began to pack their stuff to move. I'm in between a rock ...
Hello everyone,
I reached out to 4-5 lenders regarding DSCR loans and found it difficult to make a deal work, even in areas meeting 1% rule.
Here’s a recent scenario:
Purchase price: 244k duplex, good condition
...
What is the best way to handle large option fees of 15-25k? I want tenant/buyers to have peace of mind. Can it be sent into an attorney's escrow account and then immediately disbursed? I would just feel more comfortab...
Hi all, I'm looking for an attorney/legal expert for help with creating and structuring a seller finance deal in the bay area (east bay). More specifically, I am trying to sell my oakland property to the current tena...
I love acid stained concrete, I enjoy the look of it, and the easy maintenance. However, this doesn't seem to add the most resale value to an investment. Panel is in, but the installation costs are so high, as are rep...
Can anyone one recommend a real estate attorney in Memphis, Tennessee? I was notified at the closing table that the seller is refusing to close for no legal reasons. I really need someone to help me with 'specific per...
If ceiling fan has two switches on the wall but only one is used in fan housing (black is wired to fan and light so one switch turns on fan/light and a remote determines the use and red is capped and 2nd switch is ino...
Our first flip, pretty small kitchen and wallspace, had trouble deciding what backsplash to put in so I asked hubby, why not just paint it and let the new owners decide? Kitchen will be staged with decor on countertop...
Hey guys!
We are considering a house purchase, and inspector recommended the following:
**Ground the electrical outlets in the bedrooms
**Install GFCI's in the kitchen, baths, and outdoor outlets.
The seller does not...