John Lynagh
Condo Association Hasn't Had Reserve Study in 14 years. Problem?
Hi Bigger Pockets!
The Condo Association I'm looking to buy a single unit in hasn't had a Reserve/Useful Life Study done in 14 years. They provided me a summary of the last study (done in 2006) but it was not very de...
Christine G.
Property Manager fired - Is now asking for payment. What to do?
Hello, a few months ago I hired a property manager whom I thought would do a good job managing y property that I have in another state (Massachusetts).i signed the contract and it had been 3 months and the property wa...
Nick Louie
Going Under Contract While Seller is Renovating
Hi BP Community,I just offered on a property in Brooklyn, New York that is in the process of going through a full gut renovation and being flipped. The property is a two-family. It is off-market, so there is no compe...
Brenden M.
Appraiser for FHA loan walked due to no shutoff valves in triplex
I am currently working on purchasing a triplex with an FHA loan. Last week, the appraiser was scheduled to perform the appraisal, but, according to the listing agent, the appraiser immediately walked off-site after di...
Melissa Faraias
Contractor forms to sign
Hello,I am a new investor, who is just closing on my first home here in Houston. Exit strategy is Buy & Hold. I have estimates from 4 contractors and hope to finalize one soon. What paperwork should I have the con...
Brenda Lee
Tax Expense Deduction
We just recently purchased a rental property in Utah from out of state. Prior to renting out the home we will have to fly out there to prep the home for rent. Just wondering if we can count expenses incurred for fly...
Account Closed
Mobile Home Scope of Work- Template Available?
Quick question: Do you all use a MH Scope of Work template that you apply to each property that you repair/rehab (if necessary)? Or do you develop a separate scope of work (or running list of repairs) that you prepa...
Christian M.
Property Management / Accounting Question
Hi there, I have a question for property management company owners. I was wondering if it is common practice for property managers to supply bookkeeping services as well? Example: A property management company takes o...
James Dandiu
Who should be responsible for negotiating?
Selling my home and currently in the due diligence period. I sent my agent a list of all the items and notes of what my contractor and I were planning on doing to address the items called out in the inspection, and if...
David Zheng
How do you do Moveout reports/Inspections
Hey all, so I've been doing move out reports 100 different ways since I started investing. Was wondering if anyone has found an end all strategy or app? Ideally, a moveout report is where you have guidelines to follow...