Scott Houin
Country Maintenance Work Access Authorization
I recently received a maintenance work access authorization for one of my rental properties. The county is looking to remove an existing storm water system and install new ones. During the process they need 2-3 smal...
Christophe D.
How to react with tenant
Hello to all,I had to send a contractor to waterproof the basement of my rental unit. The contractor did some concrete stains on the tenant's rug.The tenant is asking me to refund her the rug. As the contractor is wil...
Serge S.
Paycheck Protection Program (PPP) using PM
Multifamily owners using a PM how do you interpret your eligibility if your PM pays payroll? I have been advised that if your holding co LLC EIN is NOT the one making the payroll then it does not count towards the loa...
Sampson S.
Tenant requesting improvements
So - have a tenant that moved in, and during her walk through, asked for a couple of improvements. I've been down this road before - so I rolled my eyes. But then she snapped me back to reality, and said that she ...
Brett Chien
typical flip process via HML?
Can someone walk me through the process of a typical flip deal via HML assuming:property: 80krehab: 20kARV: 150kcash on hand: 50kDo I put 50k down first to purchase the property and then get an appraisal for the rehab...
Scott W.
Homepath rehab loan question
has anyone ever done one of these or know what's involved? I believe the contractor has to front all the $ in labor/materials and is paid at the closing, upon appraiser inspection.
Any truth to this? I would think th...
John H.
Commercial building on old gas station lot..avoid?
I'm looking at a small commercial building that sits on what used to be an old gas station. I'd like to bid on the property but I'm caution because of the old gas station. If contaminants were found years later, ...
Matt Smith
Which insurance for hosts?
I own an Airbnb in the US. I would like to make sure I am cover if the guests injury themselves. Also, if they break something (Airbnb doesn't always reimburse fairly). Also if there is more than $300 of damage, the p...
Jeff W.
Triple Net Calculations
Hi everyone, I'm new to commercial real estate and this forum so bear with me. I recently built a 11k sqft strip center of which I manage as well. One of my companies occupies half the building, I have 1 tenant, a...
Account Closed
Can You Get it For Free?
Alan Donegan of PopUp Business school posed an interesting question in a podcast that lately has stuck with me and it has been to ask the question, "can you get it for free?" Be it a new appliance, video games or even...