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Hey folks,How do you recommend I vet my property manager?My situation is complicated by the fact that I’m an out of state investor. For example, I need to know that the new water heater actually got installed but I ca...
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WHAT WOULD YOU DO?
Hey everybody! I would greatly appreciate your professional opinion on the following scenario. After closing on this house I had some contractor drama and decided to reach out to a different contra...
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I'm considering selling a duplex of mine in Tulsa Oklahoma (waiting for a couple of other similar properties to close so I have good comps) and I was wondering what the BP communities thoughts were on getting an appra...
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I have been very lax with my tenants. Most of my leases state the payment must be POSTMARKED by the 7th of the month. Generally, that has been fine with me and since Covid has hit, I have not been charging any late fe...
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Good debt vs. bad debt
Debt doesn’t have to be a bad thing. Taking on some debt might allow you to achieve your goals or fulfill your dreams. Borrowing money can help you complete your education, purchase a home or f...
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Hello - Wondering if any investors have experience working with a property management company that charges their fee based on a percentage of net income (after operating expenses) instead of a percentage of gross rent...
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Just got the property in NJ and advertised it on Zillow and got a ton of interest. Lots of people asking if I would accept section 8. On my other properties I never got into assistance based tenants. Can somebody ...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $80,000
Cash invested: $18,000
This was my 3rd investment property, 9 blocks away from the University of Southern M...
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Found a nice property but To make these numbers work, I’ll need a commercial loan with a 30 yr amortization. I’ve called a bunch of banks/ credit unions/ brokers etc but I’m hearing 20 and 25 yrs. I know they exist s...
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I have some questions I am hoping you can help me find an answer to: We were recently notified after having an inspection completed (requested by our new insurance provider – Northfield is the carrier) by our local i...