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Long time lurker, first-time poster here. While growing up, my dad was an office man, not a handyman. As a result, I am now grown up and know almost nothing about construction. I am a bilking contractor's dream come t...
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we just completed our first flip. We had a licensed general contractor do the skilled work. We had the electrical panel updated by a licensed electrician. A permit was pulled, and the inspector passed the work, no ...
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As everyone knows it costs a lot to turn a unit between residents. Therefore it is recommended you do everything possible to retain the better tenants. Do you have some specific items in place to retain these tenants?...
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I am becoming increasingly frustrated by so-called wholesalers who contact me with a "deal," which, when I go to Redfin or Realtor.com, I find it is listed on the MLS for less than the "wholesaler" is presenting to m...
Hello all! I'm looking for a little advice. I've just terminated my property management company and now they are saying I owe them $500. Long story short, I've been told to pay up or they'll put a lien on my propert...
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I have two rental properties (one of which is currently occupied) and I have home warranty plans with Complete Appliance Protection, Inc. for each of them. My question is, is it necessary to have home warranty plans i...
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As an agent here in Western North Carolina I have been posed the question by a client whether or not it is better to have a separate bank account per investment property or to have all the income flow into one account...
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Today I had a meeting with the Branch Manager of a commercial bank. I took my 2 binders detailing out my 5 C's all suited up and ready to get that Business line of credit or approval to get a commercial rap loan for ...
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Hey all!For any and all who have any advice/input/experience that they feel would help someone who is new to the multi-family space- please share! I personally feel like this is a space that has a high barrier to entr...
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Hello BP,
Finally did it. Pulled the trigger and now I am 5 days from closing on my first property! It is a duplex in Chicago, with a long term tenant already occupying one of the units. The tenant has been there for...