Chris Seveney
Where is Multifamily in Trouble in One Chart
I saw this map online from Trepp, which shows the percentage of multifamily loans with potential issues by region. Not surprising with the areas projected to have the highest challenges. This just means there is going...
Mike Knowles
Ideas needed - removing a door
To increase kitchen cabinet/counter space on my current project, I'm removing an exterior door. Unfortunately, the exterior is brick and I'm not sure how to close this off without it looking horrible. Anyone done th...
Robert Campbell
What is this tank? Buy this property at auction?
Hello All:I am looking at this property at auction and I like many things about it and can work with it, but this is my one red flag - this tank set back about 25 feet from the house. What is it, oil? The walls are ...
Seti Gershberg
What does your "buying presentation" look like?
When first meeting a prospective seller face to face, does anyone provide written information or a visual presentation. If so, What do you cover?How many pages or slides?What is important to cover?What should you not ...
Jeff S.
HUD Property Lacks Property Condition Report
I spoke with a sales agent today about getting the property condition report for a HUD owned home I'm interested in. The report is missing from the the hudhomestore.com website. Actually, the PCR links simply points...
Matt Holmer
How often should PM be reasonably expected to inspect property?
I have one SFR where I am currently doing the management. Every couple months I make an appointment to pick up the rent in personal and do a very quick visual inspection on the property. I also drive by a couple tim...
Curtis Harvey
EMD Best Practices Process
I have a question. I have a 10 unit property that I have offered the following50% owner financing50% private money financingThe property should appraise at $100k over the purchase priceIt is in a average area of a gr...
Martin Saenz
Who has built an Operations Manual for their Note Business?
This past week, I’ve been focusing on rebuilding my operation’s
manual for my company from scratch. For those that know me, they know I’m in a
perpetual state of launching a new company. As for the op’s manual, I...
Michael Truong
Socal Wholesale/Rehab Help
Hi Socal Investors,I came across a distressed/vacant home while driving for dollars in the southern California (socal), Los angeles county area. I was able get a hold of the owner and he is interested in selling. Howe...
Mak K.
Buying property without Survey
I am in contract for a Single Home 2007 built. The owner does not have a survey. Contract states buyer to pay for survey. I will be paying cash. Do I really need a survey to be done? My plan is to rent it out long