Bradley Coleman
Include appliances or not in rental?
What do you all do? Include all appliances. Or only some and not others. Just searching best practice before I go drop a pretty dime. Thanks!
Mason Jeffries
Do I shell out for a washer and dryer?
So I’ve got a rental unit that has in-unit laundry hookups which is great. But only enough room for a stackable washer/dryer. Based on my own survey, most renters own the more common side-by-side(if they own any at al...
Sino U.
Inspection: What to check for duplex
Hi all. I am in contract for my first duplex and planing to have inspection scheduled this week. What else i should ask inspection to look for in addition to below. Appreciate your response!-Structural (foundation, wa...
Chris Kay
How Far Does $50k Go for Rehab?
Looking to get into the BRRRR game and trying to estimate how much renovations will cost for an average distressed 2-3 bedroom home roughly 1200 square feet or less. I still need to link up with a contractor and talk ...
Drew Sygit
New Michigan Law: Landlords Can't Discriminate on Tenant Income Source
New year, new laws (Senate bills 205, 206 & 207).Effective January 2, 2025, Michigan landlords can no longer consider a tenant's source of income when screening them. (income = 3 x monthly rent, Debt-To-Income, et...
Matthew McNeil
Property Manager wants to be named as “Additionally Insured”
I'm the primary insured, but my PM wants to be included on Liability policy. Has anyone heard of this?My insurer refused to accommodate the request saying they've had problems with PMs named in their policies, althou...
Brian Garrett
Do wholesale deals have to be cash and have no contingencies?
I've noticed some wholesalers saying deals must be all cash and some even require no contingencies. Is this standard? You can't buy wholesale deals with financing? You can't have inspections?In the event that is true ...
Lou Palazzo
Fix and flip partnership advice needed
Hi, AllI'm looking at a double wide trailer on .8 acres of land.My contractor would like to partner with me on this. He has agreed to put it on a foundation, fix the roof, construct a garage and whatever else needs to...
Scott Graham
Non-owner occupied loan for a triplex?!?! Has anyone done it!?
Hi BP!I am looking for a suggestion on what banks to apply to for a conventional mortgage on a non-owner occupied mortgage? Has anyone done it? If so, what was your LTV??Scott
Drew Lamb
Selling My Inspection
I had a house that I terminated the contract on due to the inspection and now the new buyers want a copy of my report. I was wondering if I could be compensated for it since I do not want to hand it over for nothing?