Justin Polston
Getting nickel and dimed to death by PM?
I've started several Property Manager/Management-centric discussions on here. After physically meeting some local BPers here in Indianapolis, and throwing this idea around, it seemed to stick more than I reckoned it m...
Jay Jones
house in another state tenant ask for repair but wont give access
I am having an issue with my renter in another state. I don't have a property manager there. From day one the tenant has screamed at me over the phone that the repairs are insufficient. every time I make a repair he ...
Christopher Duffy
asbestos wrapped boiler piping, covered in a protective jacket.
Hey all!I was hoping to get some feedback on a scenario on ran into with a client yesterday. The home had a boiler, all of the piping (asbestos) leading to the radiators was wrapped or jacketed in a protective jacket...
Sam Alberry
Construction draw hard money lender Question
So I am looking at a hard money lenders website (Lending One ) being new to Investing I was doing some research . Here is what it says in the faqDo you fund the repair cost Yes, we specialize in Fix/Flip lending th...
Chris A.
Capital Improvements or write offs
Hello everyone. This summer I did a BRRRR in Ontario and I'm wondering what I should do regarding claiming the renovation costs. I purchased the property at the start of July and renovated it until Oct 15th. In this p...
Grant K.
Property Appraisal - Conditional Repairs
Hi I'm in the process of obtaining a loan to purchase a home in Texas that has a tight time frame to close within (foreclosure home). The home is in great condition, but I've been told if the appraiser comes back with...
Stacy Handlin-Lefever
HOA in Birch Bay Washington slow to repair leak in bathroom
I have a unit in Birch Bay, about 1.5 hours outside Seattle. The upper unit is leaking into my lower unit master bath. The walls have been opened up and this has been determined to be an HOA responsibility. Since N...
William S.
Investing Cap-Ex Reserves
Hi All,I currently have $5,000 in reserves for any unexpected cap-ex/repair items that may come up. This is for a newly rehabbed property. Calculating the cap-ex internal rate of return I'm getting $125/m for a hold o...
Kate Yabar
Making an Offer on Distressed Property Next Door?
Hi, All!
I've been analyzing properties for a few months and saving up for a down payment. I have yet to put an offer on anything because it's currently a seller's market, so inventory is way low, and prices are high...
Michael Parrish
Advice on where to go next
I went house shopping for distressed properties and have already sent out letters over interest to buy. These abandoned duplexes are in an area that the property values are slowly climbing up but these homeowners are ...