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I've been working on my first buy/hold deal and have hit a small bump. It has to do with rehabbing yourself. My bank is stating that I'm not allowed to perform work myself and I have to use a G C. With this being my ...
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Hi all,Just a quick question for everyone. I bought a triplex in August 2016 and inherited all of the tenants. The lease on one of the tenants is expiring in 60 or so days and I do not want to renew it (he consistentl...
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Anyone here can tell me what are some common challenges one may face when starting a house hacking or coliving property, and how can they be overcome? Thank you!
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Hi All,have a 4 plex in a Columbus Ohio, all two bed one bath. The current tenant in one of the units has bought new appliances and wants me to remove them. I use a property manager and they gave me the message that...
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I am evaluating a 75 unit apartment complex (2 buildings) with 2 boilers that heat the units. The owners currently pays gas bills and the expenses are very high. I am considering converting the units to individual fur...
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I have just replaced carpet and pad in bedrooms of a SFR that had pet damage. Before replacing it I had it cleaned professionally but odor remained. Carpet is two years old and tenants lived in house for 14 months. I...
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With the number of member on Bigger Pockets growing by leaps and bounds on a daily basis, I was wondering if somehow we might be able to utilize this growth in members and translate it into buying power. Perhaps w...
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My tenant told me they saw a roach (1 roach) in the house the other day. He didn't seem really upset about it, but it got me thinking...should I have a pest control company come out quarterly to spray or should that b...
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Hello, I have an issue with a tenant, and I am new to managing properties, so I could use a little advice. I recently rented a newly rehabbed home in a nice area here in Iowa for $1400/mo. The house is in nice shape...
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Short Sales Plan closer to finalization
According to a US Treasury spokeswoman, The Treasury will soon finalize the long awaited plan to expand its incentives for mortgage companies to use "short sales" as a way to s...