Kyle Doney
Contractors Material Gets Stolen- Who's Liable?
I have a contractor who claims some wire and can lights were "stolen". The cans had been sitting in the garage for weeks and he called me today to tell me 8 are gone and 2 are remaining as well as 2 rolls of wire. The...
Nicholas Varner
Frauds and who they target
Interesting article in the New York Times about "Real Estate Shell Companies Scheme to Defraud Owners Out of Their Homes". The story details Shell Companies that target desperate, poor sellers in neighborhoods in Broo...
Sergio B.
Heloc for LLC---Read to see who is doing it!!
I already have my 1st investment property under an LLC owned by me and my wife, the property was purchased cash a few months ago. Is fully rehabbed and rented now with a nice cash flow.
My bank (BBT) initial...
Aaron McGinnis
What do you think - Copper or CPVC?
For both renovation and new construction, I think to prefer CPVC. It's cheaper in labor, cheaper in material, and isn't a theft risk. (In fact, when there is Copper piping in a house I will sometimes go in and spray p...
Johann Jells
At what % of new price would you not repair an appliance?
Looking at $180 for a control panel for an otherwise fine 11 year old Whirlpool dishwasher. New equivalent unit is $370. Anybody have a useful rule of thumb?
Ricardo Meza
So I see this on Craigslist - What would you do?
So I'm browsing CL for my locale, trying to get a feel for what's in the RE section. I see a bunch of homes I can't afford (now), some places I wouldn't mind living in, and a bunch of listings that seem out of place....
Dennis Santa Paula
Need help to regain a property in Baltimore
I have a property in Baltimore that tenant has not paid in over 12 months. My property management company, Propertymanagementpros has been working the case for 12 months but as of today nothing has happened. Can't rea...
Steven Greenhill
In Defense of NYC's much maligned Co-op
Copied from a fellow broker so i have to paraphrase but thought this was good info -- esp why we never crashed in the housing bubble.MY WORKING FIRST TO @NICHOLAS B: I have an excellent article for you regarding why N...
Darren McGillvrey
Buying my First Duplex and Need Some Help
I am closing on my first duplex this week and it's my first investment that has tenants. The previous owner didn't keep up with a lot of maintenance items and both tenants have been there 15+ years. The problem I'm ha...
Mark Hu
Wiring deposit funds before purchase agreement signed?
We recently had a seller request we wire the deposit funds into escrow before they signed the purchase agreements. We backed out on this request. The escrow agent said that this was common practice but we have never h...