So I emailed about 7 lenders yesterday and got replies back from all of them. After reading 2 of the emails I began wondering about these fees and when they are due. This is an excerpt of 1 of the emails I receive...
So we all know we should be separating money out for things like Vacancy/Maintenance/CapX/PM but I've never heard anyone discuss what system they use for monitoring their funds.What do you do?? Seperate bank accounts?...
Hi I love pets and myself have one. However I have a no pet policy in my properties because of horror stories I hear every where about the damage they cause (specially dogs) to the property. I have a potential tenant ...
It's an approved short sale for 58K, vacant (formerly tenants there), so possibly short sale process might move faster. I don't know if I can realistically offer lower than 58K--I need to talk more to my realtor. It s...
I apologize ahead of time for the way I lay this out as it will be amatuer, because I am a amateur. Also for most likely leaving some numbers out you all need to help me out. We would occupy this property for a year ...
I am looking for a new property manger in Cleveland after firing my backup PM.
Here is the story of what happened. We recently bought a SFR in a Cleveland Suburb. Last week the PM's office manager emailed me saying...
Hello,I have recently purchased a 38 space mobile home park in the Indianapolis area. Via the research and books I've read I see that it makes sense to submeter the water in this park. Since tenants don't pay for it...
Good day BP Nation! I'm closing on my SFR this Friday that I'm selling and under contract on duplex that I'm selling and closing middle of next month. With the expected cash coming my way, I want to transition to apar...
Done deal! I am sharing my experience here with the rest of the community. After over a year of tenacious searches, analyses, and offers, yesterday August 1st 2017 turned out to be the closing day on my 1st owner occu...
I'm currently trying to get into apartments/multifamily properties but I'm having a difficult time with a 30 second elevator pitch. Would you guys mind stating yours so I can get a feel for all of the important inform...