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Results (470)
Account Closed Prospective tenants in a rush to move: what to look out for?
23 December 2018 | 56 replies

I have a prospective tenant that is eager to move b/c he is living out of a hotel now (in the midst of a divorce; divorce hasn't finalized yet).He hasn't started the application process yet but when I mentioned cost t...

Tae C. What To Do With Code Violation Post-purchase??
10 February 2018 | 25 replies

Hello all,I have had a property since August 2017 that’s been undergoing a slow rehab.  A month or so ago, I received a letter in the mail from the county informing me that there is a code violation for all sorts of r...

Jason Merchey The Definition of "Contingency Fund"
20 December 2013 | 8 replies

What do you all think the definition of a contingency fund is? I am the money partner on a major rehab project - my first. My business partner is an architect and is fairly knowledgeable about the market, which is...

MarieChele Porter Inspection findings questions
1 November 2020 | 14 replies

Hi all,
So I am in contract with a property that is a flipped property and was built in 1917. The home and pest inspection were done on Wednesday, and Friday the plumbing inspection was done. Only problem is that onl...

James Hunt HUD Budget Cuts & Impact on Section 8
18 May 2017 | 13 replies

So I'm hearing major cuts across HUD, but housing will be wrapped in an infrastructure bill. I also have read the city of Houston has revoked 900 vouchers from applicants who are not currently in housing. Thoughts?

Cong Vu Rent increase due to excessive maintenance requests
16 April 2022 | 15 replies

Hi everyone,I have one-year lease with the tenants. Tenants moved in in February but have requested maintenance very frequently. It has cost me $4000 since they moved in.The most common issues is plumbing. They use “f...

Manzell Blakeley Replacing Lath & Plaster?
21 September 2020 | 12 replies

Hello - I just got under contract with my first property! It's a large (4000 sqft) multifamily brick home in St. Louis. It's a "fixer upper" and not in rentable shape currently, and the kitchen and bathroom are both f...

Jon H. Interest rates impacting development planning
4 December 2023 | 8 replies

We're currently halfway through development planning (including soft costs) to a coastal multifamily development project. Looking for any anecdotal references on developers who have delayed current WIP projects due to...

Mila Borden Performing note
15 March 2011 | 15 replies

I'm holding a performing note in the $50K range at 7.5% interest with 1 year of seasoning and a balloon payment at the end of 15 years.

I have no way of knowing the credit score of the home owner. He's an active inve...