Allstate just denied a claim stating lack of due diligence/protection of my property due to insufficent inspection on my part. The adjuster told me that I should inspect my rentals every month or two! Is he crazy...
I am looking to buy an old commercial building in a very small town (750 people) and convert into 7 units here are the numbers:
$55,000 purchase
$100,000 renovation
$15,000 hard money interest
Property managemen...
Need some advice on what to do here. Quit my job 2 months ago and I am now self employed as an agent and investor.
I currently have (2) commercial loans (balloon loan) under my personal name and if I cant refi by ...
I have been thinking a lot about using margin loans to refi some loans in my buy & hold investment real estate portfolio (not using it as a bridge loan, but permanent financing). I know…I know it sounds like a bad...
Hello,I am in the process of looking for a property management company in Ohio and was wondering what is the typical monthly fee? I was under the impression that the average rate charged is 10% of monthly fee. Does t...
A friend mentioned that earlier this year the SEC changed the way it defined who qualified for Accredited Investor status. Now if you hold a Series 7, 65, or 82 licenses and are in "good standing" that you meet the st...
Hello everyone, one of my investments properties in Nc has a tenants that last time they paid the rent was January their lease ended in February 28 the PM who managing the property gave them 30 day notice but they sti...
Due to the current pandemic, I am still trying to figure out what applies and what doesn’t for any potential future references:If I have a tenant, who is on a MTOM lease, that I want out of a unit, I know I can give a...
My assumption is that the best thing is to "simulate" potential risks as well in a sample deal. At the same time am I correct that due diligence and good underwriting can curb much of this in a real scenario? How can ...
Hi everyone, I currently own a duplex outright currently worth around 65K(Bought for 30K cash, 10k repairs so 40k all in) It is performing fine, about 10% cap rate, it is in an LLC and is located in Kansas. I am locat...