LEONID ORLOV
Re: Request for feedback on potential apartment property purchase
I reside in LA my experience with self-managing 25 units located in 3-4 properties in LA. Pricing in LA compels me expand my horizons to out of state properties. I am very new to both, remote property acquisition ...
Anna Sam
Numbers received during due diligence
Hi
I am doing due diligence on a property and I see that the owner is showing only about 1/3rd of the annual rents that he is claiming that he is making. he is also managing the property himself. Have you had similar...
Ryan Mulrooney
Valuing moveout damage and depost money
Yesterday was the first time a tenant moved our of our rental home and left damage inside the home. I have some questions about how to value it. There were four areas of concern that I noted during the walkthrough:1) ...
Aaron Maynard
11 mobile home deal analysis
Can someone help me decide if this deal is worth going forward with? I have 7 mobile homes rented and have about 2 years experience as a landlord.11 older mobile homes ranging from late 70’s to mid 90’s models.All ren...
Wes Pracht
Terminating Loan, Am I being scammed?
We were supposed to close on a house just before Thanksgiving. Fast forward to today and we are terminating our loan and escrow. It was a Homepath properties (foreclosure) that we were going to get a rehab loan on.We ...
Lee Schram
private money Illinois
Does anyone work with a private money lender they can recommend in Illinois? Not HARD MONEY lender, strictly private money lender who doesnt charge the high interest rate and the points?Thank you
Eric Fung
Ceiling fan..to keep or not to keep? Rental property.
I’m going to rehab my rental unit. I want to remove the popcorn ceiling and thinking what to do with the ceiling fan. Just one less thing to fix if it breaks in a rental. Any thoughts?
Cameron Lam
Newly acquired 6 PLEX in AZ. Need Advice!
Hi guys!
I recently acquired a 6 plex in Mesa, AZ that consists of small studios and 1Bed/2bed units. The units range from 350-600 sq feet and we are in our inspection period. The purchase price was $460K and am us...
Lucas Pfaff
Tenants Pay a Portion of Appliance Repairs
Hi all,I've been advised to add a clause in my lease stipulating that tenants pay for a portion of repairs. The idea being that such a clause will prevent them from calling in repair people without thought. Historical...
Alex Rossol
Should I renovate now to increase my rental income?
Hi there,I have 2 rental properties that I was wondering if I should renovate in order to increase the potential cashflow, the issue is that the renovations would be quite expensive and I would have to wait quite a w...