Josh Benjamin
How to finance a Fix-and-Hold Duplex Househack?
I’m about to get in contract ($1.351M) on a duplex in Oakland. It needs additional ~200K in reno to unlock $5200 income. I would live in a unit as primary residence.
Talking to lenders about Hard Money to get title. ...
Joseph Chauffe
Partner wants to move into rental after renovation
Hello all, I am looking at a duplex for purchase. A friend had expressed interest in getting into real estate a while back, so when this duplex presented itself, I contacted him to find out if he would be interested ...
Johnny Lynum
Should tenant pay plumbing charges?
My plumber just called an informed me that the toilet drain issue was caused by too much tissue being flushed at one time. He cleaned the tub and bathroim sink drains, which were slow, and he pulled out hair and rubbe...
Kevin Nichols
Small commercial property analysis
Looking at a small commercial property. 3 apartments over 2 retail spaces in a small southern town. Not growing, but it's in a fast growing county. Don't expect it to grow too much over the next 10+ years.Sales pric...
Ursula B.
Applicant Owes Money to Former Property Manager
Happy Presidents Day! Just looking for a gut check from other landlords/property managers.I denied an application last week because the applicant owed ~$4K to a former apartment complex. It was an active collections a...
Brian Wall
Flip a short sale flip?
Here is an interesting question for those short sale flippers out there?
What is a short sale flip worth, upfront cash?
If I was able to provide not just a lead, but an actual homeowner that is ready to sign paperwo...
Justin Vincent
Condo pro-forma
I'm looking at acquiring a condo for the convenience of having a place close to work that I can rent out in the short term future (3-5 years.) I have a back of the envelope pro-forma analysis in excel that I use when ...
Stephanie Maisoneuve
Going rate for electrical panel replacement
Hi everyone!I have a property in Jacksonville, FL with a Federal Pacific electrical panel. I suspect that I am going to have issues with insurance so I am looking to replace it. Do you know of the going rate for elect...
Tim Silvers
Cast Iron Plumbing On Flip Property
I am a week away from COE.Buyer's sewer inspection report came up with the following:
"CAST IRON PRESENT: The age of the plumbing system should be taken into consideration. Cast Iron drain and waste lines typically h...
Account Closed
Real Estate in Space!
The future is now! Asteroid Insurance, solar flare insulation, orbit rights, and to infinity and beyond! What are some of the issues that will be presented with the advent of space real estate? What are the timelines ...