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Every single syndication sponsor and capital raiser claims that they have conservative underwriting.Now, I am no logician or statistician, but I have to call BS on this one. Not everyone can be telling the truth.Clear...
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There is a program under HUD (Emergency Solutions Grant Program) that provides money and incentives to property owners to rent their properties to people who are currently experiencing homelessness. And within this p...
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I think from reading MikeOH's blog that he seems to most of his own maint. I don't have that many houses but I do all my own work,several major remodels done and working on one now. I have read some posts that your a...
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So we inherited a tenant who has lived in the same unit for over 30 years and the place smells like feces, urine, among other things. Shes an older woman in her 90's who can't really take care of it herself, and cle...
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Hello fellow agents!Wanted to share a story with you that just happened to me, hopefully this never happens to you..An acquaintance (let's call him John) reached out to me in July and told me he want me to help him fi...
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My tenant moved in last October and paid the year in advance. Her husband recently passed away and her house was paid in full, so she was able to pay using the money from the sale of her house. I've always had issues ...
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Hey Folks,I hope everyone's weekend has kicked off with a bang (or a hammock)! I have an employee here in the restaurant I run. He is 19. He is one of the hardest working 19 year olds I have ever met (when he wants ...
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Hello all,
I have a prospective tenant who wants me to re-key the front door. I don't feel it's necessary because the prior tenants are trustworthy and also have moved out of the city. It sounds like the tenant will...
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Hello I need some help,I currently own a mortgaged property that has lost approximately $16,000 over the last three years in total from lost rents, legal fees, maintenance and other general and property management fee...
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Hey everyone,
I have a house that I bought last year for a buy and hold investment, and I'm going to purchase one this year with the same investment goal in mind. I was looking into when I should establish a ...