Chris Low
Why do banks delay on short sales?
Just curious why banks can take so long to make a decision on a short sale? What are they waiting for? We have a property under contract that is a short sale. We made the offer on 11/10 and the seller accepted it. It'...
Brian Kantor
Any experience in underwriting an inn/motel? Tips to share?
Hi, y'all. We're in the process of finding our next STR property in Vermont, and we stumbled on a motel/Inn for sale that's walking distance from our existing duplex STR in the area.We feel this property has a ton of ...
Jim K.
Kitchen drains - sink baskets
After years of doing this, I still get the odd surprise. All of us who do DIY rentals understand that one of our biggest saving points compared to the hands-off investor is the kitchen drain. To hit the high points:1....
Nick Brubaker
Help! Zillow scammer! What should I do?
Hello all,I am trying to find a tenant for my first rental property (sfh). I posted my ad to Zillow, Trulia, and Hotpads (all through Zillow), as well as Craigslist. Yesterday I called a prospective tenant for the f...
Zamir Kazi
Help! Need Property Management Sofware/Service.
Hey guys, I have just closed on another quad-plex this month, and will increase my total units to 20, does anyone know of a good software to keep track of tenant expenses / repairs? Make reports, etc.They are all self...
Audrey Sommer
What are the best way to market a long-term rental?
Hello,What are the best ways to market a long-term rental you just bought? I'm a newbie real estate investor, and my husband and I are planning to buy our first property this year or next. Renting for all my independe...
Russell Holmes
Anyone building new construction with tilt-wall?
This is basically an information gathering post, some things I've been turning over in my head. I've got a few clients considering new construction and I've connected with an architect/builder firm so I have a good f...
Savannah Lewison
Please Help me analyze this deal
Hello BP community,Here is my property analysis of the day. Ideally, the tenants would pay all utilities but I've added them just in case. I added $30 a month for snow removal. Is this a reasonable cost to add for som...
Kate H.
Sole proprietor landlords in Canada - anyone use a business name?
I just bought my first property in Canada, a duplex with 5 tenants, and for various (most tax related) reasons, I have decided to operate the rental as a sole proprietor. I'm considering whether to register a business...
Steve Osowicz
Thoughts on what to do with commercial building.
Hello,I own with a partner a commercial building here in Kentucky that we have done some work on, had an LOI and prelim contract but nothing has come through. It is about 20,000 sq ft with a parking lot and about 1.8 ...