Jonathan Weinberger
Update after spending $800k and Firing Own It Detroit! (I hired LogicalPM)
Alright! Long awaited update. I promised on the 5th, I'd let you know how the portfolio stabilization is going. If you haven't caught up, here's the tl;dr - I acquired a bunch of properties last year with a turn key c...
Calvin Ly
Buyer's lender delaying closing twice!
This is getting super frustrating and getting expensive. I just sold a home and another is under contraction to sell. Both times the lenders are pushing well beyond the closing date. First one was suppose to close in ...
Wendy Yang
Mold to Invalidate/break lease
Tenants moved in just for a couple of days. They then started to complain allergies/asthma and they said they suspected mold, although no mold could be found in the living area. They then ordered a mold inspection t...
Jeff Montgomery
Do I need to provide a reason to decline a tenant?
I know that it is illegal to discriminate against potential tenants based on any of the protected categories (race, national origin, etc). Are there any other reasons that I CANNOT reject a candidate for?There's a pot...
Matthew Paul
Who answers their phone on christmas ?
If a tenant calls on Christmas eve or Christmas do you answer the phone ?
Tyler Fischer
Newbie Investor: What I learned from first reno project
I bought my first house in June 2019 as a fixer upper and wanted to write about some of the things I have learned over the last year. The house is a 4 bedroom 2 bath, built in 1957. I was able to get it for a good pri...
Cheryl Schuck
Renovating first project
Hi, I am working on my first flip and have started bringing in GCs for estimates. Since I know a lot of individual contractors, would you recommend speaking with electricians, plumbers etc to cut out the middle man an...
Reginald Silva
capital reserve requirements for underwriting
Does anyone know how much money an underwriter looks for in reserves when underwriting a loan? I am closing on a $650,000 home in 25 days. My all-in cost is $19,500 which I have currently and I am considering taking a...
Sean Carroll
Things to ask your General COntractors
Recently I have connected with a gentleman over BP and I have to say I am absolutely impressed by his vetting process and the questions he asks. He never asked a "silly" questions and only clarified when he needed to....
Ashley Cross
STR property management
What should I expect to pay for a property manager and what type of services do they offer? Does anyone have insight on working with a property manager for STRs in Columbus or other metro areas. I've seen a bunch of i...