Sam Abe
Minor plumbing issue
Hi,
A week ago one of the houses I own had a plumbing issue at 1:00 am. We called the 24*7 plumbing and snaked the line immediately and later the next morning took care of changing the entire plumbing line up...
Deryk Kennedy
Property Management: Licensing & Other Requirements
I initially tried posting this in the Indiana Discussion forum, but it wouldn't allow it.I am, and have been, working on getting into REI, but have been dealing with a significantly bad case of Paralysis-by-Analysis.I...
Negar P.
Confusion in understanding the code in my city's ordinance
Hi all,
My new property is located at Mission Viejo, California. It is a single family home separated by its adjacent neighbors with masonry walls. I have been told that to convert an already existing window to a sli...
Robert M.
?Should I ?refinance my FHA 4% interest loan with PMI to a conventional loan at 4.375% without PMI?
I obtained an FHA loan for 240k at 5% with PMI back in April 2009. In 2013 I received an offer in the mail to refinance my loan to a streamline FHA loan to 3.5% interest rate, the mortgage company didn’t lock me in...
Sam Bhattacharya
How do you deal with a tenant constantly asking to make repairs?
Say you have a tenant who wants you to replace carpeting that is worn but still functional. Or he wants you to fix a gutter that is old but still does the job. Or he wants you to paint a kitchen ceiling when all it ...
Kin Lay
Game: Lower taxable income through real estate investing?
Hi everyone, I am interested in tax planning strategy to lower my W2 tax liability and create investment opportunity through the use of creative tax strategy. Can someone offer me some suggestions?We can work with the...
Dustin Garrels
NOI for multi family valuation
When negotiating purchase price, which scenario for NOI do you use? Trailing 12 months actual? If so, do you adjust for the assumed run-rate for repairs/CAPEX (e.g. a as a certain % of revenue) instead of using actual...
Racheli Ta
Property Management Contract - Is this a good contract to use?
Hey there,
I have a new client (an owner of a couple of properties) and looking to sign him on a Property Management Contract. I'm attaching the one I have at the moment.
Any thoughts? It's pretty short, which I l...
Sandy Uhlmann
Expoxy Countertops-Has Anyone Tried This?
I was looking for a way to provide a higher-end look to a rental home at a bargain price and I came across some pics/how to videos of expoxy countertops and I was wondering if anyone has tried this? The kind that I a...
Maxwell Emerson
House Hacking BRRRR: Where does it stop?
My wife and I are starting out our real estate investing journey by getting our current house ready to rent. We have a small 2 bedroom, 1 bath house with a nice yard in a great little town. The house hasn't been renov...