William K.
Property Manager not collecting rent
I have a tenant that is on a payment plan. The PM has told me a few time they have paid and are on track. I find out today that they are more than 2 months behind now. I know I need to fire the PM, but I'm not sure...
Sattir Bitti
CDC extending eviction moratorium beyond March 31, 2021
https://www.npr.org/2021/03/19...It Appears that CDC is extending the eviction moratorium beyond the previous expiry date of March 31, 2021. I have 2 tenants who stopped responding to any communication from my side. T...
Tom Matousek
First Deal: "Congrats! You're a slum lord!"
Investment Info:
Small multi-family (4-units) buy and hold, value add in Morganton North Carolina
Purchase price: $172,000Cash invested: $34,000Appraised Value: $260,000
What made you interested in investing in thi...
Gerardo Lewis
A gut feeling about a prospective tenant
Hi Bp, So i have a prospective tenant for my rental and she has been really really interested in the place. Only problem is I haven't verified income yet but I feel like she won't be able to afford the place mainly be...
Sean Westbrooks
Home inspection report
I was in contract to purchase a home. I really loved the house and was serious about purchasing it. After the seller and I agreed on a price for the house I accept their counter offer. Two days later I had the house i...
Rick Oaks
Credit card charge back
Has anybody been getting charge backs on their credit card for the COVID-19 virus for Vrbo rentals?
Sonia Chopra
Purchase & Cert. of Occupancy
Hi All, I am about to go into contract for a 2 fam house in NYC (Queens). The home was a single fam converted to a 2 fam years ago. There is no Certificate of Occupancy (CO) on file and from my understanding, the only...
Manuel Savorelli
Tenant occupied unit water damage...
I just found out that the unit above my rental had a flood couple of weeks back and now my unit is showing signs of potential leaks in ceiling and floor. My deductible is 1k. Do you think I should talk to owners of ...
William C.
How long do plans, permits, and approvals take?
Architects, builders, GCs, investors, and anyone else who knows anything about applying for permits on a late scale renovation I need your help.
I know every project is different, but assume you need to start from s...
Willis Seng
texas tax sales
does anyone know anything about texas tax sales? how can i purchase a tax sale property from an auction? how would i pay for the property? what would be the best way to finance a tax sale property if i were to purch...