Chelsea Mastin
How Would you Describe "Finishing Stage" of construction
Hi everyone!I am under contract for the construction of a property. We agreed upon 4 payments. The first to be made to initiate construction, the last when construction is finished and 2 additional payments in-betwee...
Eric Swope
Creating a LLC (owner-occupant with FHA Loan)
BP Community,I am planning on using a FHA loan for a "house-hack" situation in the Pittsburgh area after I graduate college this spring. My intention was to purchase a duplex with tenants on 30-day leases so I can re...
Dar Fornelli
College Rentals - Open House or Multiple Showings?
I have a single family rental in Lawrence, KS near the University of Kansas. Leases typically run August-July to align with the school semester. Can't seem to count on students sticking around for more than a year, so...
Account Closed
How Sub2 used promissory note?
I know we can use a promissory note to pay the seller during the subject2 deal because the property have equity and positive cashflow but how do i know in the next 5-15 years i will have the money to pay back the sell...
Jason Measures
Do you have a maintenance schedule system for tenants?
Recently, I had to pay $60 for an HVAC tech to simply tell me that the air filter needed to be changed on a 4-month old HVAC system in one of my rentals. The tenant called and stated that the air temperature was readi...
Angela Powers
Colorado landlord rights
Hello. I’m a new landlord and am currently renting my basement. The tenants were very friendly upon move-in one month ago, but changed very abruptly. Laundry facilities are shared and we offered to set up a schedul...
Joe Latson
Complete Guide to Creating a Scope of Work
A Scope of Work (SOW) is a description of planned property renovations, with the primary components being a line item budget and a construction schedule. A detailed SOW is important for nearly every type of value-add ...
David R.
Tax Implications after adding 3 units.
Hello everyone. Looking for a little guidance on my property in Los Angeles.My long time CPA has passed away and we are looking for some guidance. We finished construction of 3 additional units on a property with a du...
Leah Taylor
Permit Assistance needed
good afternoon, I have a property rehabbed and ready for sale, buyer on the hook. in the process of clearing up inspection items found out permit from 10 years ago expired( owner had addition put in). All inspections...
Joel Gierbolini
Is it better to sometimes hire out of state contractors?
I am currently looking for a construction company to add an addition to my home in Hallandale beach, FL.I find the prices for this addition (320 sqft 1 bath and room) in this market are to high compre to other market...