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A lady called me with a nice house in a nice neighborhood that she wants to sell for what she owes which is $108k, and it is worth $150k. It needs no repairs, since her son is one of my best contractors who told her t...
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Hey everyone. Quick question. I recently left my property management company that used buildium and went to a property manager that doesn’t use pm software. I have 80 units and don’t really want to become a full time ...
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After extensive research on HELOCS, I found only one bank (or credit union) that offered a HELOC on rental properties. They only allow a 60% LTV and a rate of 6.125% based on prime of 3.25 plus margin of 2.875. Is th...
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Hi All,Would love to learn how to lend money privately, underwriting deals vs junk, ins and outs. Where to begin and best to learn? Your feedback is much appreciated.Regards,David
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A unit in my duplex has a washer that has quit working. It's not specified in the lease whether the washer is mine or theirs, I would like to know if since it's not mentioned that makes it my responsibility or if I ca...
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Once again I turn to this great forum for advice.
I have had this tenant in my rental for approx 7 yrs. I didnt know much back in the day and am constantly learning. anywhoo she left a $700 deposit. fastforward august...
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Hey BP!
I am a current leasing agent located in Durham,NC. I am thinking of starting my own property management company. I would be the only person managing until I build up a great team.
My question is: How do pro...
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To all of the FL real estate agents out there. I'm going to be taking the state licensing exam in the next few weeks and am just looking for input. How similar was it to the pre-licensing exam? Are there specific subj...
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I'm curious what recourse a tenant would have to make sure they aren't getting screwed over by their buildings RUBS. Based on the way the property manager described the way they bill, it is a blanket and arbitrary sys...
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I've gotten a response from a Realtor regarding a yellow letter I sent his client. We've been playing telephone tag but finally got a chance to really discuss the property today. It's a small house (950 sq ft) on a re...