Chris C.
Commercial Property Refinancing
My wife and I spent 3 years looking for the right deal. Through proper planning we were able to close on our first mixed use commercial property. The property is vacant and in need of renovations (all of which is ac...
Martha Daisley
How much is enough liability coverage for a short term rental?
HelloI was wondering how much is enough liability coverage for a short term vacation rental. On the short term rental I currently own i have a commercial liability umbrella policy with coverage of 1 million/2 million ...
Joe Daiker
401k To Start?
Hello, all. I'm new to the forum and looking for feedback on using my 401k to start flipping and buying rentals. I've been a licensed broker for 13 years and I've only purchased and sold one investment. Thanks for ...
Nichole Mollica
Reverse Mortgage Short Sale Questions???
I have an executor who would prefer to sell to me rather than pay for listing. The reverse is about 100K over market value in current condition. He wants to be able to pay off the grandchildren named in the will to...
Michael Mignogno
Who is responsible for destruction to property, the PM or Owner
Hello Everyone, Recently in one of my STR homes, the tenants cause major destruction to the property. It looks like they rented it for 2 days and went wild. Holes in walls, broken bathtubs, smoking weeds in the hous...
Mark Scarola
Workouts Without the Original Mortgage
Hi. I just recently purchased a small note pool and the collateral file on one particular note appears to be missing a few things. Specifically it's missing:
The original note. There is a recorded copy, but ...
Alex Forest
Savings Account Recommendation: Interest for cash reserves
Where do folks keep their cash reserves, any recommendations on banks or savings accounts, CDs, etc that offer at least some interest? Perhaps an online bank (only) that offers at least some return?Of course, for a lo...
Allison Hodges
Student Housing - condo unit
I am new to investing and have just one rental property -a condo unit- near a college campus. This complex is mainly leased by international students. I'm looking to do some upgrades which won't increase rent but wi...
Zach Ballou
When to penalize your contractor ?
So I’m coming to a close on my first single family flip and let’s just say the experience with the contractor has been less than what I had hoped for. Now he is expecting a payment of somewhere between $3500-4500 ( he...
Eric Reimer
Pick apart my strategy!
Please pick apart my incredibly amateur strategy! I am planning on starting an aggressive strategy of researching all the properties with unpaid taxes that are on the verge of falling into the foreclosure process and ...