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Hi,I live in Texas and it gets HOT here... I have yearly maintenance done on all A/C units to ensure they are working properly. When an A/C unit stops working tenants will make this an urgent emergency. My A/C guy i...
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How much total coverage should I be buying on my rentals? These are SFRs - the insurance company seems to offer, as a default suggestion, the amount of the mortgage, not the total purchase price of the property. I'm...
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I typically do smaller, older pier and beam remodels, but I may have an opportunity to flip a well preserved home. The 12ft ceilings, wood details, dental mouldings are all still intact. There was some damage to a 196...
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Not sure if anyone has any advice on this situation / is in a similar one.
I have inherited tenants and they were great about paying rent since I got my property. They paid on time for about 4 months. Then they told...
I submitted an offer today on a commercial deal. This not the first commercial deal I have looked at, but this deal looks like it will go through.
I've done my preliminary due diligence and reviewed the numbers. ...
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Hi Everyone,What do you do when your contractor asks for a deposit?My partner and I have always done our own rehab. The next project we are working on we can’t do ourselves and are looking to hire a contractor.We’ve ...
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Rookie here,
I'm possibly looking into the BRRRR method on an SFH or duplex. I was wondering what was the best way to estimate the rehab cost. I have a few more questions about the BRRRR method that I don't understan...
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Can you share your experience?
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Here is a healthy modern day brainbuster. I am currently underwriting the following play -Currently a 25-50 unit multi-family. Primetime location. No shortage of traffic. Renovated each unitConvert to full-time Airbnb...
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I stopped by one of the friendliest mothers I've ever met today and I really want to help her out. She responded to a bandit sign and here is here situation:Loan Originated 2007Loan Balance $100kInterest Rate: 9%Origi...