Goodwill Manly
Getting charged a ‘ULDD submission’ fee of $130
I’ve never been charged this fee before and the lender is saying it is a mandatory fee charged by Freddie Mac. Anyone heard of this or know how to avoid it?
Joel McGinley
Moving overseas and still managing property
Hello all! I have been managing my own properties (just 2) but am now looking to move out of the country. So I might need a property manager. So far I am seeing what I think are very high fees. Finding renters he...
Rodrigo Barrera
should i pitch in for utilities?
So about a month ago we had a pipe burst in one of our unit, water ran from upstairs bathroom down to kitchen and into basement. water remediation company had fans and dehumidifiers in that tenants place for about a w...
Chris Ryan
Bed bug infestation
Hello, BP community- I have a tenant that has had a bed bug infestation in my unit as diagnosed by a pest control company. Is that my legal responsibility to remediate this problem? I plan to take care of it as an ac...
Eric Smith
Renting or Storing Items Before Closing
Folks, I'm going to be closing on my new house on 30 AUG. I will be arriving in town two weeks before that and I'm wondering if it's possible to propose renting the home for those two weeks. I understand their could b...
Art Maydan
Donate vs. Sell Clothes
I have a few boxes of clothes I'm getting rid of. Does it make sense to sell any of it at one of those clothing reselling places or will donating everything be better? Is there a cap to the write-off? Would they just ...
John Brees
Adding Mail Boxes in 16-Unit
My first deal was a 16-unit and one thing I missed in the due diligence process was that no mail boxes existed. I paid to have these added as I felt this was a "general expectation". The USPS has to do this, they ar...
Weina Shi
Purchase Price Allocation for Commercial Purchases
Dear fellow investors,If you have done a purchase price allocation, do you do one loan for your purchase with a PPA break down for accounting purposes and real estate tax appeals? Alternative, separate contracts (real...
Nicole Heasley Beitenman
How do I tactfully pursue a lead from an obituary/recent death?
Hi BP! I've heard obituaries listed as a good way to find leads. We also know a family selling a home soon after the recent death of a family member. I have 2 questions I'm struggling to find answers to:1) What is an ...
Anil Samuel
Lakeland Fl porch roof repair/handyman needed
Should I repair the porch roof with drywall or vinyl soffit? Does anyone have a recommendation for a person that Can address this situation in polk county?Also, I need a handyman to fix a microwave handle.