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Is my property manager ripping me off !!!!!!
Hi Fellow BP’s I have struggled with the following question for the past two years I’m I getting ripped off by my property manager. I purchased 6 rental properties a few states away three years ago and...
Kim Hopkins
Construction Oversight Fee for Property Manager
Hi Everyone,We are engaging with a new property manager for a 100k SF multi-tenant building we own. In addition to their % management fee, they want to charge a construction management fee as a % of the project cost f...
Mike L.
Permitting un-permitted space for SFHin Glendale CA
Hi! Thank you in advance for your feedback.
I'm looking to purchase a SFH in Glendale, CA (really La Crescenta). Parts of the house were added without permits and wanted to hear any advice on 1) whether or not to get...
Vikram Aryan
Mold/Mildew issue uncovered after 3 months of purchase
Hello,Thank you in advance for the support this community offers to new investors such as myself.We purchased a 8-unit multi-family property in Q4-2019. During the purchase process, we only got access to 2 units for i...
Kyle Burnett
Obtaining permits after the work is complete
I'm working on selling my first flip in Cincinnati, it's under contract and the buyer checks and sees that we didn't pull any permits. The GC I hired said he was going to take care of the needed permits, it was part ...
Nick Vehr
First Purchase in Cincinnati
Just got a verbal acceptance on a property I put in an offer on in an area in Cincinnati for my first buy and hold. 30k for a 3 BR, 1.5BA ranch on slab with 1 car garage. The property is going to take a bit of work to...
David B.
Contractor suddenly over budget by 40%
Hi everyone I’m in the middle of my first flip. I locked up a single family home (roughly 2600 sq feet) with 5 beds and 3 baths for $454,000.The ARV for the area tells us we can probably sell the house for 685-700k on...
Kohl Nibarger
Newbies!!! Starting Fresh
Hey fellow investors!!!New couple here, trying to get started in the real estate game. Wife is a realtor, hubby is part owner of an industrial construction company.Ideally wed love to get a fix and flip for our first ...
Michael Lucero
Tips on house inspection before auction
I've identified a few houses to bid on during an upcoming auction, however, I wanted to hear some tips on how to inspect the house before the auction. Obviously you shouldn't break into the house and even stepping on ...
Brendan Moehn
Tenant withholding rent due to no record of their deposit
TL:DR- Tenant withholding rent due to not going to get deposit back, which there is no record of. What's the best time/cost effective way of dealing with it?I purchased a property end of October, 2019. The previous la...