Account Closed
The 70% of ARV rule.
I have heard this for sooooo long. It is such a popular equation, it has almost become a rule. People get mad if there is a property offered at less than 70% of ARV minus repairs. The fact of the matter is, that while...
Derek Daun
Comp tenant for washer dryer outage?
Is it a good idea to comp a tenant a small rental discount for minor inconveniences, or does it set a bad precedence?I rent out a garden apartment in my house that shares the laundry room with us. We upgraded our wash...
Chris Seveney
Interesting Title Insurance Claim Decision
I found this article interesting as I have been involved in title claims on numerous occassions. In this case, because the bank handled the recording of the mortgage and the bank was careless in its process they denie...
Sheena Konas
Equestrian Community Properties
I'm currently working with clients who are a part of the equestrian world and I, myself, live only a couple of miles from the Great Lakes Equestrian Festival. I'd love to tap into the knowledge and experiences of this...
Sean Kollee
inner city duplex part 5 - 8
OK here we go just about to start the demolitionpost 5 - salvage of material from old houseThis isn't another post complaining about that awful asbestos remediation work that seems to follow us around from project to ...
Jan Gudell
Family Trust and Problems with Deadbeat Trustees
My father recenlty put a 100+ year-old two-unit rental property in a trust which includes my father, me and two siblings. The building is paid-off and in a desirable urban neighborhood, however it is in need of upgrad...
Peter Tverdov
Emotional Support Animal
To quickly get my opinion out of the way, I think these things are generally a load of baloney...Here is my situation. I manage a property where the tenant signed with the owner (a few months prior to me taking over) ...
Jeff Botheroyd
Form of entity ?
Looking to get funding for our first deal.We've heard about Lima Capitol at the beginning of podcast #167. What we want to do is get the pre-approval out of the way first so we can look at and make an offer on a renta...
Deborah D'Amico
Question for House Hunting for Disabled Veterans on pensions-House 'Flippers' Are Too Stubborn!
Question for House Hunting for Disabled Veterans on pensions: I'm trying to help a service connected Veteran figure out possible places to relocate to since he is in no condition to work and Reno along with other area...
Andrew Coulton
Old Duplex House Hack in Texas
Hi all, I put an offer in on a 1968 Duplex in North Texas. Plenty of upside and potential for rents to go up with rehabs required on both sides. Offer was accepted and I went under contract. Idea here is FHA loan, li...