Chris Smith
Landscaper submits final invoice 35% over estimate without notice
Hello,We had some landscaping work done. We signed an estimate that was part contract labor and part fixed fee. Total project 3.68 days, 1.68 days for the contract labor. The main terms roughly say "Contract Labor ite...
Cheri H.
What to expect in HML costs
Hi all! I am exploring hard money options in RVA and would like to know what to expect regarding costs? i.e. origination costs, appraisal requirements, interest, commitment fees, processing fees, etc. I have a decen...
Kaybreh Mathis
What to do when a tenant in a lease moves out
Hello! My maintenance man was at the property today and a tenant told him that another tenant is moving out tomorrow. That person is still in a lease that lasts until this summer. If they are in fact moving out, what ...
Clint Pearcy
How to pay more in income tax
I had lunch with a customer yesterday, who, with no prompt from myself, began telling me about all of the homes he had owned. The last one, he put up for rent the last year they owned it. His comment was "they really ...
Keith Dalpe
Rental vs Business software
There seems to be a disconnect here, to me having even one rental property is a business. It seems some BP just seem to treat rentals as investments and not really a business. So I am debating using Quickbooks or so...
Fahad Irfan
Purchasing a 40 unit Apartment in Dallas/Fortworth
Hello All,
This is my first time posting here. I am purchasing a 40 unit apartment in DFW and we are starting due diligence next week. Its been a very exciting journey, and I have been researching about Multifamil...
Nathan Faselt
Do Property Management Companies Charge Fees on Property Bills?
I wanted to get your thoughts and experiences, Do any of the property management companies you use or work for flout the bills for the properties they manage and charge a small fee on that capital?
I was under the ...
Account Closed
Where best to buy real estate in SoCal
Greetings Everyone,I am new to the real estate investing business and in search of some information. I currently live in the Antelope Valley in Palmdale, CA. Since I am new, I do not have excess capital to purchase ex...
Dan O'Neill
Hello from Northern Michigan, Traverse City.
Hi,My wife and I got into real estate investing sort of by accident. We were moving from Vermont back to Michigan for work and family and were unable to sell our condo. After me staying behind for 3 months, we decid...
Ryan Taylor
Many questions...answers you have?
Thanks for reading and hopefully you can provide some answers. Ok...here we go,
1) Does a GP that is involved in a syndication have to be an accredited investor?
2) Can you utilize DSCR for apartments as a means of ...