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Results (10000)
Mike K. Duplex with Utilities included in Rent
19 March 2024 | 5 replies

I'm looking at a older 2 story duplex with a unit on each level.  Property is priced right and there is a positive cash flow with an estimated $300/mo utility cost.  My concern is there are window AC units which could...

Lindsey Simpson Scrapers 101: What are they, how do you use them?
2 February 2019 | 14 replies

Been at real estate for seven months and just stumbled upon the subject of "scrapers". What are they? Are they useful?

Brandon Gale Why would a lender hold and REO for over 2 years?
22 March 2022 | 3 replies

While looking at some potential flips in the Worcester, MA area, I've noticed a few REO properties that, according to records, the bank took up to, and in some cases more than, 2 years to finally list on the market. I...

Jessica Young Do you compensate for inconveniences to tenants, such as replacing HVAC systems?
3 July 2023 | 6 replies

The AC went out and needs to be replaced in my Florida condo within the first month tenants are renting it, complete with 3 visits from HVAC before the new unit is even installed. 
Would it be expected or normal to o...

Charlene Gay Contractor asking for money for an Estimate?
11 August 2023 | 4 replies

I’m in the process of purchasing a multifamily using a 203K loan. I’m reaching out to several contractors trying to get some estimates in place to bring to my lender. I had one contractor reach out to me and say the c...

Account Closed Doing Wrap Mortgage
18 March 2016 | 4 replies

If i do a subject 2 and seller financing, do i give the title to the buyer and lose my advantage in depreciation, tax advantages and appreciation/equity? Then does it go the same with lease option?

Alecia Loveless Security Camera Questions
15 March 2021 | 8 replies

Just bought a 4-plex a month ago. I gave tenants a brief survey and all indicated they use coin-op laundry. However so far in my visits to property I have only received $1.00 in change from the machines. The former ow...

Collin Marton Water Sub-metering Help
25 August 2023 | 6 replies

Looking for some help/guidance. We are purchasing a property in Columbus, Ohio that is already submetered and managed by Guardian but they will not continue services as we are "too small". We have looked at a few subm...

Chris Seidler Amortizing/Capitalizing Rehab Costs for New Rental
4 September 2023 | 2 replies

I have a quick question about capitalizing the rehab costs for a new rental.
-- The property is probably not currently habitable and is likely not ready to put into service (bathroom not functional, among other issue...

Curt Pennala Add a bedroom or not?
3 September 2021 | 5 replies

Hello all. Thank you for taking the time to read this. I own a two unit property in Glen Burnie, MD. We closed on it last fall. It was a 2/2 and a 1/1. I turned a den in the 1/1 into a bedroom so it’s now a 2/1. I am ...