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I have an opportunity to buy an off market deal in Cleveland on Corlett ave. Any thoughts on that area?
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Hey guys,So here's another success story from me. Last September, my partner and me bought an 8-plex for 660k with 52k in annual gross revenue. Market value for the property was appraised at 905k and economic value (b...
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I just got a fine in Indianapolis for the grass being too tall in the property. By the time I got the warning letter, they already abated it and sent me a letter, telling me that I have 10 days to pay, of which only 3...
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When a couple has fulfilled the terms of the lease and moves out, and are also going through a divorce- how do you refund the deposit? Half and half? Or put in both their names and let their legal counsel figure it o...
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I bought a house last week while driving out of town for 5 days. I literally was signing an offer on Docusign in a parking lot halfway to my destination. I got the call to let me know that we got the house that evenin...
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I just sold my rental to the tenants who are living there. Escrow has closed and the tenant sent me a message about a refund for partial rent (they paid for the full month- but escrow closed on the 12th) and they aske...
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I opened the roof claim to see if the insurance covers everything. The adjustor visited home and based on deduction and deprecation, 45% of the roof will be paid by LM. However, while I was evaluating to replace or re...
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Hi everyone
I am new here, and not sure if I am doing this right, but could do with some advice if anyone can help me.
We have invested in a home in Orlando, aiming to rent to the short term rental market, i.e. vacati...
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I am under contract on my second rental property (YAY!) and just got a quote for home insurance. The quote I got lists my "dwelling coverage" as 4x the value of the home. This seems way too high to me (the coverage on...
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When doing a JV deal where 2 parties are each paying half the downpayment but only one party is on title, what is the best way to arrange the funds to keep the lenders happy?