Maritza Soto
New Investor - Hard Money Questions
Hi everyone,I am a new investor from the NYC area and I'm focusing on flipping in Long Island for now with plans on branching out into Westchester, Brooklyn, Queens and eventually buy & holds out of state. I've be...
Steve S.
How do you decide how much of your tenant's deposit to return?
They took pretty good care of the house. Appeared to have the carpets cleaned and the home cleaned. Deposit was 1 months rent. Thoughts? How do you determine how much to return? Do you use it for finding things like...
Craig Garrow
How much should I keep in LLC savings?
Quick question! I'm working on getting my LLC set up for my property management business.
What I currently do, is keep a business savings account that is my "investment"
Account - meaning it is strictly off limits...
Julius Smith
Structural Issue - Crack in Foundation Wall
Hi all, I'm currently looking at a property as a flip. The most significant issue i found from my first walkthrough was structural. See below for a pic where you can see a crack in the foundation wall. House appears t...
Joseph King
Hedge funds in kentucky
I'm just curious to know are there still Hedge Funds aggressively buying properties in Kentucky ( mainly Louisville)? What would be the best way to partner as a wholesaler?
Naveen Desai
Crack in the Wall, Will you buy to rehab or not?
Hi, I have a fairly solid deal of a property, but on investigation found that upstairs wall has a crack like this. What could be the cost of such a repair and if everything else in the house seems OK, would you go ...
Kenneth Blacow
Multi-Unit Rental in Irrevocable Trust
Hello,I am the co-trustee and co-beneficiary of an irrevocable trust that my sister and I inherited when my mother passed. The property is a very old home 100+ years and my mother let it fall into disrepair, not out o...
Josef Torkelsen
Re-painting versus touch-up... does paint matching work?
I have over 45 units now and every time a vacancy comes up, the property managers want to repaint the entire unit even though 99% of the paint looks great in a lot of cases. This is obviously eating into cash flow! ...
Brad Gibson
Avoiding Significant Damages to Rental Units
I'm a pretty experienced landlord that has been at this for 6 years. Just acquired my 29th and 30th doors, but of late I've been having trouble with BIG bills to turn units when tenants move out. I usually charge 1x...
Ben Carpenter
Popcorn Ceilings
What is the process for removing "popcorn" drywall from a ceiling and will this be worth the cost of doing so? I plan on painting the entire house as well as new floors on most of it. I will be living here for a few y...