Mary Murray
Tenant ripped vinyl, but had a bubble
We have an excellent tenant who is being transferred and moving out. In cleaning they pulled out the refrigerator to clean and ripped the vinyl in the kitchen. The flooring was brand new a little over 2 years ago when...
Account Closed
Lead time on direct marketing
I got two messages during lunch yesterday. When I checked them, one was from a seller that said she got my letter last year and hoped I was still interested as she is selling now. The other call was from a woman who...
Adam Gagne
Sales Tax not Contractor's Bid, but requested at end of job
Hello,I've received a few bids from Contractors to rehab a property, and most do not include sales tax. How is sales tax usually handled with General Contractors?The reason I ask, is that I was about to choose one Co...
Michael King
Is it worth paying for points?
I'm finalizing the loan for a 4plex. The loan is 30 years for $240K and the quoted rate is 5.125%. I can buy it down to 5% for $1013, or 4.875% for $1644.
If I buy it down to 5% I save $25 in interest per month. It w...
Sean Ade
House Hack Analysis
Hey BPWhen looking at doing a househack on a Duplex- how do you typically apply the 2% rule and the 50% rule? Is there another rule of thumb I should look at instead? For example on a house I'm looking atCost- $310,00...
Account Closed
Good deal?? Thoughts?? Part 2 "the meeting"
So as I posted the other day I ran across a 4 unit multi family building. I met with the sellers yesterday and the property is solid on the inside as well, I was only able to see the outside before. The meeting went w...
Hal Cranmer
Transition from Residential to Commercial
Hi-
I've been investing in residential properties since 2006. I have flipped four properties and currently own 8 rentals, mostly duplexes, triplexes and a couple SFR's. I'm about to acquire another duplex and a 4-p...
Arthur Banks
Where is the line...? or How would/do you respond...?
I have a future tenant who I've conversed with on a few occasions via email and text. The question I have is, where do you draw the line with friendly comments/remarks? For instance, she concluded an email the other...
David Beardwood
What is a Non-warranty Deed and how does it a affect me?
What is a Non-warranty Deed? What does that mean to me if I get one with a property?
Tal Eisenberg
Won an auction - what's next?
Hi Everybody,
I acted as a broker in a Public Administrator Auction which my client won. This is the first time they have won and auction and the first one I have been a part of - at least winning one. I am helpin...