Cristobal Fernandez
seeking advice for hard money lenders
Bouncing off of my last post, there is also the hard money route. How do we go about inquiring hard money lenders? Also, if once we obtain a HML, how do we present a proper rehab estimate to work into the loan? Is t...
Julian Wyer
How do you get more than 3 loans/year when they say wait 6months
Traditionally, we're told we shouldn't be applying for loans within 6 months of each other. I'm curious how long new investors are stuck in that phase, and what changes happen to one's credit, finances, and investment...
Julio Gonzalez
Cost Segregation Study on a Residential Home
If a Cost Segregation Study had not been performed on this $616,000 Residential Home in Long Beach, California, it would have had first year depreciation of approximately $22,400. Thanks to the Cost Segregation Stud...
Amit Chawla
Akron Apartment Building
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $407,000
Cash invested: $250,000
12 Unit apartment building. 10 1bd/1bath and 2 2bd/1bath.
What mad...
Maria S.
SFR Leases In Cold Climates - Language Regarding Frozen Pipes
Do you have specific language in the lease regarding frozen pipes and keeping pipes from freezing?Here is the specific situation - one of my tenants in SFR kept the house too cold (admitted to keeping it at 66F). It s...
Eric Fietz
Landlord insurance, does it work?
I see a lot of posts on here about the costs of repairing intentional damage from tenants when they move out. I have LL insurance that is supposed to cover such damage to a certain extent. Is this type of coverage use...
Michael Szymanski
Clarification on Foreign Entity Status
I am one of two managing members of an LLC which is formed in Virginia. I live in Florida and my partner is in Virginia and all of our business has been conducted in Virginia. Our accountant is telling us our LLC is b...
Adam Harvey
Lawn Care and/or snow removal
I have 3 properties in the Albany NY area, Pine Hills neighborhood and recently lost my lawn and snow removal guy. It is late to the game for this summer and I’m trying to call around but not a lot of availability out...
Brandon Sturgill
City says water meter has not worked since 2019!
About a month ago we got notice from the city (they provide water utility) that the meter of a property we manage was "not working properly"...they needed access to look at it...a couple of weeks later we get a call f...
Susan Freitas
Attorney and/or Auctioneer Referrals - Northern CA
Hello, I am look for referrals for an attorney and/or auctioneer in Northern CA (near Fairfield). My father has rental property near Fairfield, CA. To make a long story short, he had long term tenants and he termina...