Kathy Peeples
90-day punch list in turn-key property - seller won't complete
I purchased a few turn-key properties on contingencies that seller will complete punch list repairs, created by our inspector, within 90 days of purchase. I'm out of state and cant be there to enforce. We are coming ...
Faisal Mohamed
Managing Rehab - Remotely
All,We are planning on doing a REHAB that will require all new plumbing, roofing, flooring, foundation, electrical, etc. We will be going sparingly on the weekends to see progress but for those of you who do out of st...
Angelica Rivera
Tenant vanished...protocol for getting apartment back
Will there be legal consequences to how I handled the below situation?I have a tenant who was falling behind on rent. I went to ask for the apartment back and learned she had started moving her things out in mid June....
Tiara Thompson
Buyer Agent Asks for the World!
Hey. I am in the process of selling my flip property. We are under contract and the buyer has got a Home inspection done. Now I will start by saying this is our first flip so it is all a learning curve. I feel like th...
Account Closed
UNDERWRITING ACCURACY QUESTIONS
Hey, I wanted to just ask a couple questions regarding some aspects that will impact underwriting of multi-family properties.. I've really been putting in a ton of work to learn the ins and outs of the game here but I...
Leslie Stouffer
best bookkeeping software for STR
I am not managing my property and have a property manager, so I get a reconciliation of what the property makes minus the charges for the supplies, repairs, etc. I currently use Stessa and their bank to manage my acc...
Ryan Reddi
Typical reserves calculation
Newcomer in the investment world, I apologize if this question seems straightforward and may have already been addressed elsewhere in this forum.
I'm currently contemplating the purchase of a newly constructed proper...
Joshua Kleiman
Learning the ropes - Multifamily investors Philadelphia
Hi there, I'm brand new to REI and looking to get involved in a market near me (NYC). I've read some books, blogs, and listened to podcasts but am still struggling to "get started". I recently started looking into sma...
Bob Lett
Construction Loan/Waiver question
We are finishing up a remodel for our STR and have a construction loan for the remodel. Our contractor is on their 3rd draw and now the title company is requesting full unconditional waivers for each completed line it...
Nick Paquet
SE Grand Rapids Single Family Home
Investment Info:
Single-family residence buy & hold investment in Grand Rapids.
Purchase price: $200,000
Cash invested: $10,000
6 Bed 2.5 bath Victorian home
What made you interested in ...