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Hey BP,
My business partner and I recently purchased our first duplex. We plan to use the BRRRR method going forward in the multifamily space. My partner received personal financing for the property and then successf...
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My first offer got accepted and I have found a couple of foundation issues in the home. All vertical cracks, no horizontal ones though. My offer is contingent on inspection so I should be safe. I am looking for a reli...
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I got my first Hard Money Loan. Everything is fine, but I was surprised that I won't be 'advanced' any rehab money. They will only reimburse me after work is complete. This is a $50k rehab, so I will need about $15...
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Hello everyone. Property Management question.One of my tenants wants to move from one unit in one of our properties to another unit in one of our other properties. My PM wants to charge her usual one month rent fees a...
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I am about to buy my first property to flip and have been looking at a traditional mortgage or hard money as my source of financing. Honestly, I'm not sure which route to take. So my question for the pro's, which do y...
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Hi friends - I'd appreciate your thoughts on the following: After months of analysis, discussion, etc. I am about ready to move on my first single family purchase (new construction by the way). To sweeten the deal th...
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I’m doing my research of an area I’m interested in purchasing a rental property when I found a property management company and asked them if I can review there agreement they said they wouldn’t let me see it until I w...
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Found this in the insurance section of my PM agreement:
8.2. All of the policies shall name agent and owner as co-insureds as their respective interests may appear. Owner shall deliver certificates evidencing such in...
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Hi All,I bought my first rental property in AL. My Property management charge 150$ to do cleaning before they start marketing last month.Last week they again charged 150$ for cleaning and mentioned that “However, afte...
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Hey! I know agents can flip homes. But what are some best practices and disclosures to protect your license? I am getting into fix and flip now after 8 years in real estate sales. I still have a team and want to make ...