Jarret Durst
FHA 203(k) vs Fannie May vs Freddie Mac
What’s up guys, I’m trying to cover all my bases. I’m looking at a foreclosed property that I want to do the BRRRR strategy on. I only have enough for a low money down approach for now. I was looking at FHA 203(k) but...
Collin Hays
Did I get ripped off by my contractor?
So I hired a contractor to do an addition to a STR home that I have. In his price of $53,000, he broke down the various items and their costs.For example, he quoted 16 squares of shingles, materials and installation,...
Zack Howard
Possible plumber ripoffs?
I recently had a plumber come out to fix a leaky pipe on the well cap. Dug the hole and everything for them so it would be a quick job. In and out in 2 hours. The plumber showed up and he had a trainee, that's fine an...
Anthereca E. Lane
How to deal with contractors
We are planning to purchase a building that needs to be renovated. We have found a great contractor but his prices seem elevated. Is it customary to be presented with a contract that does not have a separate line fo...
Henry Clark
Self storage- Political impact November 2024
Responding to a question about Political impacts and Self-Storage in a discussion.From a political standpoint, don't see a change in the stock market. From a performance standpoint, I see a big change. Price/Earning...
Catherine Tran
Maintenance costs - How to minimize the costs?
Maintenance costs is the cash flow killer, if it exceeds the budgeted amount. How can we reduce this risk? Should we hire a property manager to cover maintenance or purchase a home warranty plan? My concerns:
1/ Prop...
Anthony Peric
NEED: Lease addendum for work performed in exchange reduced rent
I am looking (if anyone has one) for a lease addendum for work performed in exchange reduced rent.The situation is a guy my investor uses for work, just got notified he will have to move out immediately. We have a pro...
Brian H.
Does it ever make sense to build multifamily?
Hey everyone,I was bored the other day and ended up browsing some sites for modular homes. I noticed that most of these sites has a multi-family offerings that were pretty attractive. Have any of you chosen to build...
Jeff Tumbarello
Here is an interesting twist
Par for the course, the pundits are wrong again. The down turn was going to keep people working. When you are 59 and laid off, your best bet is to retire.
http://www.latimes.com/news/nationworld/nation/la-na-retireme...
Bryan Lowman
Creating an LLC to do repairs on rental property
Hello all
Looking to sell my first rental property that was previously my home. I have rented the home for over six years now and am wanting to sell it now. I will not be doing a 1031 due to the current market condi...