Damon Allen
NEED HELP - Property Built as Multi-Family without Permits
I need some assistance. I purchased a multi-family property in Indianapolis, IN that is zoned as a D8 (can be a SFR or multi-family). It is a 4-unit multi-family, ~3k SQ FT, and it is a full rehab project. I am upd...
Calvin Thomas
Inexpensive doors and windows
Need some recs on what to do with a building I have which needs a 30 + windows and 6 doors. The doors at Home Depot are pretty reasonable. However, the windows I price out just about anywhere are near 400.00 a windo...
Himanshu Jain
Tips best practices on managing Property Management company
Just wondering if people/property owners have any tips/suggestions strategies that they have used in the past to manage property management company. Primarily to ensure they are achieving the desired operational (leas...
Greg Scully
Question For Syndicators
When projecting your returns to present to investors, do you use the NOI before or after Cap Ex reserves and asset management fees? Specifically the sales price.Thanks,
Travis Daudelin
Unusual response to my listing
Hey all! Just last night I took the plunge and posted my very first rental listing. I've spent weeks reading and preparing for the tenant screening process ahead and right off the bat the first response I get is as fo...
Nicholas Jose
New Jersey: My tenant has mental illness and is causing problems for my other tenants
Good afternoon, everyone.I have a tenant (under the age of 21) who is the daughter of a family who rents from my rental property. I believe she may have a mental illness based on what I am about to tell you, so with t...
Lola Brin
LLC use of EIN vs SSn
'We are transfering property that is under our name to an LLC. We are planning to use a Special Warranty Deed. We want to continue to use our SSN rather than to get and start filing using a EIN, has anyone had experie...
Matthew Anderson
Considering a Refi and Sale of a Flip
I picked up a house in Sep. for 577k with an ARV of 800-810k. I took hard money, note of 522k. Paid for the down and renovations out of my pocket ~57k+130k. Selling will make a little money, but it’s not a ton. The h...
Amir K.
Security deposit account
Hi,
Soon to be first time landlord here
I’m asking for a 1 month security deposit but I’m not sure where exactly do I need to put this money. I searched the forums, some answers said “savings account”, some said I c...
Ivan Burley
Hard lesson learned!
Well as I recently posted I purchased my first property not to long ago. I have completed all of the renovations and was ready to find tenants. All of the sudden Nashville is hit with the blistering cold that af...