Rental real estate requires capitalization of most expenses prior to being placed "in-service" (offered for rent). Here is a twist on the topic of in service. Let's say I purchase a property and the seller holds over ...
Hi all - I'm new here, but have watced and read for a while without jumping in. I'm buying a house sub2 and the seller is asking me for a written guarantee that we will pay his payments. In the past, I've never had to...
I haven't seen any posts about this here on BP--- I've been told by the City of Chicago plumbing inspector that I need to upgrade water service from the water main in the street to the house to 1.5" at my rehab. Any r...
I have been researching for awhile and have just about resigned myself to signing up for LexisNexis for skip trace needs. Obvious downside is the high monthly recurring cost. Has anyone else used them before? Worth th...
Hi All,We're managing a 6-plex that needs trash removal services. Not specifically a haul away but literally just moving it from the back of the apartment to the front of the street for pick up. This needs to happen...
Our MF client purchased a 64 unit apt complex in Salisbury, NC. The previous owner had laundry equipment which they owned and maintained. At the time of purchase the equipment was non-functioning junk. We discarded...
Hi there I am seeking a referral to a large contracting group or contractor that has done apartment re-positioning work.Please PM me with a referral only if you've had personal experience with them.
Hi BP, newbie & I’m looking for a note servicing center in California for one loan. Can anyone tell me anything about the Note Servicing Center in Chowchilla or Unified mortgage loan serving or VIP Trust Deed? It’...
My name is Tony, we were going to work with Fund and Grow, but due to unfortunate events we had to back out and cancel our request for funding and the team at Fund and Grow has been excellent and we look forward in th...
We are purchasing our first multi-family apartment building and looking for ways to cut spending. The building is 8 unit 2/2. The current owner pays $360 a month the have a 4 yard dumpster picked up 3 times a week. I...