Oliver Graybar
Can you Brrrr an apartment building?
6 unit 12 bedroom apartment that has had 2 of the units redone but the other 4 still need to get a facelift/update. Can you use the brrrr method for an apartment building? Also this is would be my first property, is t...
Christian Reinertson
Can you demolish a HUD property? if you are planning to O/O?
Hello, I have a scenario where there is a HUD property for sale in the first 10 days of the Owner occupied offer period. It is a complete demolition project and was wondering If I am able to demolish/ build. Are there...
Maureen Campbell
Philadelphia specific rental rules
Good morning,I was wondering if anyone knows of any specific rules in Philly for rentals. I am planning to rent out a spare room or two in my house and wanted to see if there were any specific clauses that I might nee...
Sergey Tkachev
Co-op in Florida - is the HOA responsible for interior repairs?
This question is specific to the state of Florida (maybe others as well, but I'm interested in FL)We have a condo (Co-operative legal structure) in Florida. The management company is telling us that the association i...
Alex Tang
How to manage bookkeeping for rental real estate
Hi,Im in the process of closing on my first deal and will try out managing the property myself for the first year. What software do people use to manage the bookkeeping? Excel? Quickbooks? Or is there some other prog...
Jose Guevarra
Escrow process alternative to email
Hi guys, we close several deals a week at our office. The vast majority of escrow/title companies still use email to send/request documents e.g. disclosures, wire instructions, etc. It can get a little confusing wh...
Dominique Canlas
Due diligence for investing in syndication
What steps do people normally take before signing/joining a syndication as a passive investor? Anything to look out for when it comes to reviewing the contract/documents? Is it necessary to hire a lawyer?Thanks in adv...
Philip Hernandez
LOI vs Puchase Agreement
Hello BP sages. I'm in negotiations to purchase a 12 unit apartment building in Ohio. We've tentatively agreed upon a price, but there's quite a bit of the financials that the owner has not yet provided. I'm hesita...
Alex Aronson
8 mortgage limit from Fannie MAE/MAC
At my local REIA meeting, there was a sentiment from the more veteran players (particularly the mortgage brokers) that Fannie MAE/MAC will change mortgage allowance from 4 to 8 soon to help relief the number of forecl...
Teresa Ramos
Emotional Support Animal (ESA) Low Allergen Building - *FAS
*FAS = FUNDAMENTALLY ALTER the nature of SERVICES providedWhy has no one been able to turn down ESA requests based on the wording of the actual FHA law? From the FHAA Federal Housing Authority:[Landlords are required ...