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I have a tenant whose condo suffered a major roof leak, which caused internal dry wall and related damage. The HOA says it only has to fix the leak and is not responsible for the interior repairs. The condo is in a Ho...
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Hey Everyone.I started mailing out market reports to absentee owners in my town with the hope of finding new clients. Any agents out there have recommendations on what they are doing to generate leads thru direct mail...
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My family owns 2 commercial buildings on Long Island. Both have equity and both are fully rented. We have been trying to refinance both properties for the last 2 years and have had trouble finding a lender to work w...
Hi,This may be a dumb question but I haven't really seen it commented on: are the list price on turnkey properties negotiable when making a offer? Are there offer/counter offers like in usual home buying? Thanks
I’ve listened to countless BP podcasts and am currently reading a few different real estate books. I am curious as to what the more experienced investors think is something very important to know, but is not discussed...
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Hi All-I applied to for a conventional loan on a single family rental that I've owned for over 10 years. I wanted to pull out $20k cash to help finance another purchase. Additionally, the original interest rate was ...
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Hi everyone,
Got my HELOC on my primary last month and just made the first payment. It turns out my loan terms during the draw period are that my minimum payment is 1% of the balance. For some reason I thought it wou...
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I'm closing on a duplex property and the previous owners have expressed interesting in sticking around as tenants for a couple of months. I've gotten mixed opinions about whether this would be a good idea or not but d...
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This is my first flip property so I've never had to deal with this before. I purchased the house in June 2016, for ~$250k, refurbished it and resold it December 2016, for ~$350k. Property taxes were paid through esc...
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Our goal for the year was 2 new SFRs. I guess we got a little carried away. ;-)This one is a 3/1, 1200 sq ft and is almost turnkey. It needs $700 in electrical work (already quoted and scheduled) dishwasher, stove &am...