Nerissa Vento
Probate - Send Letter to PR and Heirs?
Hello all!
For those of you who market to probate deals, do you have a better response and success rate mailing letters to the Beneficiaries/Heirs as well as the Personal Rep/Executor? Or do you find it just as go...
Chris Abislaiman
Using VA Loan Repeatedly
Hello all, new to the Real Estate world, only one SFH under my belt (which I’m currently living in.) Both my wife and I are active duty military near Colorado Springs. I just used my VA loan for our current property. ...
Francis I.
Licensed vs Unlicensed Contractors
Hello BPers!I have a property in Charles county MD under contract, which the numbers work really well. Purchase price is $51,500. ARV is $230,000+. Rehab estimate is about $70,000. HML loan at 3 points and 13%. I am d...
Alexandra Sales
Appraisals when purchasing
Is it typical for an appraisal to come back almost exactly what you're purchasing the property for?
Megan Phillips
I wish I would have put that on the lease...
Hi All,I'm reviewing my lease, and I'm wondering if there's any additions in people's leases that they consider must haves, or perhaps additions to leases after a bad tenant experiences? What is something you'd wish y...
Jennifer Soelberg
Tenant Wants to Take Toilets that they installed
This may be a question for people specifically in Washington. One of our tenants was on a 2 year lease option with us but decided to back out before the 2 years was up. The tenant is claiming since he installed 2 new ...
Jon Dorsey
Property Basis for Depreciation
How do I attain basis for depreciation on this property;l?I’m at odds with my CPA and looking to see what I can do to maximize my depreciation on the property I purchased a multifamily at an incredible deal, way unde...
Miko Lee
New Landlord - Complicated Parking Situation
Hi all,I recently bought my first small multifamily (two buildings - duplex and a single family). I only inherited tenants from one unit. Two other units are currently vacant. So, we have three units, but only one gar...
Philip Johnson
Hiring handyfolks off Craigslist risky? Protection?
I regularly hire handymen off Craigslist and work with them on rehabs. I keep their total pay under $500 and have done an occasional i9. I would like to know how to protect myself as lot of these people are unlicense...
Christopher Dunson
Tenant Making Alterations without Consent
My lease states that no alterations to property are to be made without written consent. I just purchased the property 3 weeks ago, and one person has painted their kitchen cabinets as well as the front door(interio...