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Hi BP,I hope all is well. I was wondering what questions I should ask a PM if I'm interviewing them. These are the questions I got so far
1. How do you find and screen prospective tenants?
2. How and when will you c...
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First off, I am mostly to blame myself. I had a BAD feeling about this company from the beginning but I'm desperate. Anyway, I found a house listed for 8k, went took a look,priced rehab at aprox 5-6k with comps at 35-...
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Hello, I am curious if it is possible or how difficult it is to get a HELOC on a paid off apartment complex. if possible what would be the LTV you could get? How does the bank value an apartment complex.Thanks
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So I have a question in regards to tenants with pets. I am currently in the process of interviewing tenants and my top choice is a family who will most likely become long term tenants. They currently have a really l...
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I'm looking to start the investment process so the first thing I did was talk to a person that I knew that works for a lender in Rhode Island. It's a bank that many people have had great experiences with. After runni...
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Hello all,
I would like to share my experience and results for bidding tax liens auctions in Coconino, AZ. Thanks to @Jerry K. 's help along the process.
I register at Realauction.com and get familia...
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I am an agent in PA, some states do not allow you to do this so please check your local and state laws.My number one client is a wholesaler here in my local market of York, PA. He has brought me about 7 listings in th...
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Hi, We have 5 SFR rentals currently we have also flipped 5 also. We are actively seeking the next property, but the issue here is... we are working on financing. So far we always purchase our houses in our LLC and w...
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In my experience as a property manager, the most common question is “What will it cost?” Though many questions come into play when embarking upon selecting a property manager, this is the foundation of conversations b...
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I'm working on my business plan, and currently working on my exit strategy part of the plan.
Ideally the exit strategy would be to sell of the house and make a nice profit.
Would a contingency to not moving a home i...