Bill C.
What sorts of tasks do you use a VA for?
Hello BP!I was wondering what everyone uses VAs for.I understand the utility of their services for wholesaling or marketing but I was wondering about other cool applications that you may heard of.Thanks!PS: I’m a buy ...
James Mackenzie
Commercial loan costs after not closing
This is my first time dealing with a commercial loan for a property that I was going to buy. Due to the appraisal and other factors, I had to terminate the deal.However, after a week, the bank that I was using is send...
Richard Huizar
Mixed Use rehab deal Closed!!! Cleveland OH
Investment Info:
Other private money loan investment.
Purchase price: $130,000
Cash invested: $215,000
Sale price: $420,000
Borrower needed funds to finish rehab for a refi. Owner/contractor wi...
Scott Chauncey
What is allowed under De Minimis Safe Harbor
Would items that are typically depreciated over 27.5 years (ie furnace, flooring, water heater, doors, etc...) be allowed under this act if they are less than $2,500? Additionally, would appliances like a fridge be al...
James Rador
vacation deposits when not using Airbnb etc.
Hello, was just wondering what everyone uses to hold security deposits for vacation rentals when not using Airbnb, Vrbo, expedia etc. is there a platform everyone uses? We are new to the short-term rentals and was jus...
Sheena R Roth
My VA is looking for more hours
We have a VA who has been working for us the last 9 months for 10 hours / week. She’s looking to add 20 hours to her work week but we’re pretty small and not looking for acquisitions at the moment, so we don’t really ...
Daniel Loane
Legal risks - Rehab performed through power of attorney and not invoiced to the owner
Hi all,I am trying to buy a property before it's foreclosure auction scheduled in a few weeks. The lawful owner got into business with a crew of non-trustworthy people by assigning them Power Of Attorney. They have mu...
Tommy Blakemore
Contractor/insurance payment help
So I got a contractor to do an insurence job in my home. He gave me a quote of 22k and asked for POA so that he could deal with the insurence company. I agreed. I then asked over and over again for a contract and a pr...
Jimmy S.
Tenant caused damage do I need a estimate?
If a tenant leaves the property damaged when they leave, do I need to have a professional estimate for the damage or can I just use reasonable repairs cost by myself?
Also how do you handle returning the s...
Paul Stout
Attention MHP Operators: Mobile Home Park Rent Collections
I know this question will bring a vast array of ideas and supporting stories but I want to know what you park owners and operators out there do for collections. If you own or manage a mobile home park and collect ren...