Charles Soper
High-rise vs. Garden Style
A broker recently sent me an OM for a 100+ unit 7 or 8 story high-rise apartment building. I’ve not stopped to consider the major differences in this style of property vs. a garden style community of multiple buildin...
George Moehlenhoff
Risks associated with this situation?
So I'm evaluating a property that has steam heat/window ac units. All the comps have forced air. All bids I have gotten are 10-15k, but I have a contact who is licensed and insured who could do it for maybe 50% of t...
Gary Parilis
obtaining mortgage for self-directed IRA LLC
If you invest through a self-directed IRA, where to you get long-term credit?I have a self-directed IRA with an LLC. I have plenty of deals and plenty of capital -- but cannot find adequate long-term financing. Borrow...
Ed L.
Cost to replace drywall?
I'm looking for some ball park figures on installing, float, finish drywall for a 1200 sq/ft 3br 1ba ranch home with 8ft ceilings.
Home is already gutted down to the studs.
Trying to help a friend prepare a budg...
Christopher Kolasa
Combo washer/dryer leaking on 2nd floor of a 150 year old duplex
Old 150 year old duplex in Connecticut, bought a LG washer/dryer combo unit for the 2nd floor bathroom, I know, sounds like a bad idea. Had water hookups but no exhaust so wanted to include this washer/dryer for the r...
Nathan Gesner
How To Fail As A Landlord
I am especially fond of #3 because "Every Landlord's Legal Guide" is the best book ever written for Landlords!Do you agree with this Top 5 list, or would you include something else?https://www.kiplinger.com/real...
Delmas Edwards
Picking PM
Please comment on what you think about this PM. Do they sound reasonable?
Global Reality
The following will recap our services and fee structure:
• Monthly management fee - $75 per property per month...
Aline Zamora
Mobile Home Park - Rural Area - Non-Conforming
Hi folks, I'm analyzing a Mobile Home Park with 10 Acres, 11 mobile homes. The property is non-conforming as to land use and zoning now and cannot have more mobile homes or replace the old ones. The deal still with go...
Mark Buskuhl
Eviction and CARES Act
Trying to get a deadbeat tenant out and not sure if I have to give 30 days notice to vacate or if 3 day rule still applies.TAR lease expired April 30, 2020 and I let continue MTM.August 4, 2020 I give 30 day notice to...
Jorge Vazquez
Five Red Flags When Buying a Home “As Is”
Foundation Cracks
Cracks in the foundation are major red flags. They’re harbingers of potentially significant repair costs or worse. Freshly patched cracks can also be a cause for concern.
Foundation cracks can be s...