I am a new landlord and have tenants that pay rent on time. They always call me right away when things need to be fixed. Over I believe the are good tenants. They take care of inside of the house that I can tell. The ...
Hello Bought a single family residence from a full service company that rehabs houses and then manages. In the course of responding to an emergency call from the tenant this week, property manager discovered co-tena...
Hi BP,
Just had a tenant call that the heater wasn't working. Just had a technician out and it cost $275. A small Baggie got sucked up in the intake and needed to be removed (and a checklist of items needed to be ch...
We bought a condo and moved in 5 days ago. Me, my wife, and 1yr old daughterInspector had found a small amount of mold under the sink in the inspection. Less than two square feet. Sent it to a lab and it tested as “pe...
I have a house I inherited in 2015 free & clear. I am trying to find a hard money lender who will lend on a property that is owner occupied. The current comps support an ARV of $210,000 to $225,000. I am looking f...
I have a renter that flushed towelettes/wipes down the toilet. Ended up causing a major clog that resulted in two plumbers being there all day and a $1200 bill. The act wasn't intentional, but should I still approach...
Hey Y'all,
Things are tough in Atlanta since yesterday. Glad to be working from home today. Check this out!
http://www.businessinsider.com/atlanta-traffic-jam-pictures-2014-1
I've had a drain back up and flood a room twice since moving in. There was nothing disclosed about this issue. After removing wall around drain I found mold which I then tore out all the sheetrock until there was no m...
It seems like such a gray area. From the research I’ve done, some go 12 months and some go 6 months. There are others who even stretch that and say there is nothing you can do if someone offers you a nice profit. Afte...
And borrow the rest from conventional bank? I was considering raising 20-25% from PML and getting the balance from a conventional bank. Is this one of those cases when I won't get approved due to lack of "skin in th...