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Hi I am pretty far along on my 3/2 1350sqft flip in Beacon hill San Antonio Tx and my contractor bailed! I just need to close it up and do the finish work IE - sheetrock, tape/float/texture, tile flooring, cabinets, e...
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There are two separate LLC's involved on this wholesale deal. When the closing was done, the full assignment fee was issued to 1 out of 2 wholesalers. On the HUD settlement the full assignment fee was issued to the sa...
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I'm taking over management of a 50 unit building in Los Angeles (Rent Control). The owner does not care for and wishes to replace the current on-sight manager in the building. However, the on-sight manager has a lea...
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Context:I have a single tenant in Hawaii who is in the National Guard and has been impacted by the government shutdown. The tenant has been a great tenant, and has paid in full and on time since moving into the unit....
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Hi All, I have a tenant who has come back to me requesting her 400 dollars of the 1200 dollar security deposit. She was 1/4 roomates and did pay 400 of the 1200 deposite. They all vacated the property early due to co...
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Dear BP, I inherited a PM when I bought my turnkey rental last year. Since the beginning, there was not any conversation or update initiated by the PM and I always had to track him down after I noticed an issue. M...
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I'm a newbie, and recently attended my local DFW Real Estate Investment club this Saturday. I heard this interesting idea about a buy and hold philosophy in relation to vacancy:
Most investors don't own enoug...
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I've been in the Property Management industry for around 10 years and it always baffles me when landlords choose to manage their own units. I'm curious to hear reasons why you WOULD want to manage your own units. Bel...
My brother and I inherited a single family home last year and we also inherited a tenant. This July, the tenant complained about a leak that managed to seep through the walls and onto the floor from the attic. We had ...
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I love upvoting good posts. And I love reading good advice, strategy and what have you...however we need a way to separate the bad and the spam from the good. And it needs to be easy.
It's time for a downvote button...