JP Smith
Fannie Mae 20%
If I am buying a house for 20K, FNMA says I can't sell it for more than 20% in less than 90 days. I have a buyer for 25K. I am going to sell the seller some construction items to be included in the sale. So, sale p...
Mary Jay
how do you keep truck of things to do on multiple properties
Do you guys keep stocky notes? Or just write things in calendar?For example: dont forget to call a handyman to service AC in property 1 or dont forget to make sure property management company gets a handyman to paint ...
PJ Singh
Seller Concessions based on multifamily inspection
Hi BP'ers, I recently have an inspection done on my first 25 unit MFH under contract in Houston TX. It is a 1970 single-story, garden-style brick MFH ( 3 building). As part of the general inspection report as well a...
Andy Bankston
New: Rehab Analysis Spreadsheet with SKUs
Hi everybody. I'd like to get some feedback on this spreadsheet. I've been wanting a way to walk through a property and "check off" all the items I'd need for the rehab. So, I combined a couple of J Scott's awesom...
Sam Leon
"Included" vs "Complimentary"?
Do you make a clear distinction between what's included and what's complimentary?In my mind if it included like a refrigerator than I am responsible to keeping it functional and repair or replace it when necessary.Com...
Zaid Badabwan
Commercial real estate inspection and repair
I am thinking of buying a commercial property for the first time in Tampa, FL. I found that most commercial properties that are for sale in my price range need a lot of repairs. I will do the inspection, but my questi...
Tameka Glenn
Rehab budget template
Hello all,My business partner and I are looking for a rehab budget template that we can use to provide to contractors when they are submitting bids for our flips. Can someone share their template? Currently, we are on...
Joe Rest
Total recapture depreciation when selling an house
I am trying to figure it out how to identify the total recaptured depreciation to report for tax purpose as result of the sale of rental property. The first realization is that this is a TOTAL recapture depreciation ...
James Hedgecock
Owner's liability when a contractor damages tenant property
I recently had a contractor that disposed on a tenant's personal property while doing a job. the contractor admits fault and wants to compensate the tenant, but the tenant is claiming a value much higher than what the...
Steve Meyers
CapEx, Maintenance, and Vacancy
Should I be tracking CapEx savings, maintenance, and vacancy set asides individually you property or can the all be lumped together as long as I set it aside each month?