Nikki Bai
Construction company raise price after contract?
Hi Investors,I signed my first investment property contract back in March this year. While today, the construction company told me to either accept a $42000 increase on top of the contract price, or get off. I underst...
Jesse Stahl
Seller finance deal advice
Hey guys, I have come a across a seller finance deal here in central CT, I am trying to make it work. The initial numbers aren't great but I'm trying to see how much I can work with the seller on this.Backstory: selle...
Dustin Lyle
Making an offer
I've been looking at an REO condo in the much beaten up Tampa market.. After sleeping on the idea, I've decided I'm going to put in an offer.
The average condo sale price in the neighborhood i...
Jennifer O.
Buying MFH with existing leases I am not crazy about...ideas?
Hi BP,Have an offer in on a MFH (competitive bid situation) and I have just received the existing 3 leases (that expire anywhere from 30 to 120 days after I take possession).I'm not crazy about how the leases are writ...
Laura Kusto
Property Management expectations for Turnkey
Back in July a leaking HVAC unit in the attic caused substantial damage to my rental home. It resulted in replacement of flooring, ceiling tiles and repainting certain areas. Total damages were over $1000 (on a monthl...
Kyle Wefler
NJ Rental Property Decision to Sell
Hi All,I'm in a spot with a property in Morristown, NJ. I bought this property as a 2nd flip after a very successful first flip in the Columbus, OH market. This 2nd flip is a whole different story. Its in a great spot...
Brian Sweeney
Property Manager Expectations
In October I had to evict a tenant from a property and since then I've been working with my property manager to get some repairs and maintenance done before a new tenant moves in.
Things like:
Repair bathroom floorI...
Lisa Borowy
Analyzing Property - requesting documentation
When analyzing a multi-family or apartment is it appropriate and reasonable to ask for documentation on the leasing history and annual/monthly utility cost that is covered by the owner?
Thanks in advance!
Luke Hoffman
Tenant breaking lease before the 12 month mark
The tenant informed me that they will be leaving at the 8 month mark of the lease. I use bigger pocket lease form for Indiana. Where does it mention what happens if they leave early? Do I get the other four months of ...
Barry Cohen
Property management fee question
Hi all,I hope I can get some input here. What are the reasonable services I should expect from my property management company for the 10% fee they charge a month. My company seems to find a lot of extra service fees e...