Jen H.
Construction Project Management-Flippers Cancel last minute
Hi All,
I am project managing my construction crew on a house flip. The investors have been very difficult to work with from the very beginning with grinding us down on our prices to a very very slim profit margin (a...
Bill Gulley
How To Structure a Subject-To Transaction
Okay, when you do a subject-to transaction, do you have the seller secured in the transaction or do you leave them hanging out there?
How do you secure the seller who takes back no equity?
You give them...
Christopher Lim
Splitting the water meter, is it worth it?
Hi All,My water company called out of the blue to have the water meter replaced; they are planning to replace all the meters in my neighborhood as part of their upgrade cycle. I figured this could be a a good opportun...
Meng Chen
Would you delegate turnover showing to an agent for a fee?
Hi MKE self-managing landlords, I'm wondering about your opinions on having the ability to delegate rental turnover showings or repair coordinations on-demand to a real estate agent for a fee?My name is Meng, and I'm ...
Donald Cooley
Backgrounds
Hi all, My wife and I are in the process of marketing and renting out our first income property. Is it normal to do a criminal background check along with the credit history? Just curious. I've advertised on a site ca...
MIke Hewitt
Investor Wrap loan from Investor Loan Source for Texas property
We recently purchased our first investment property with Sherman Bridge. Paid 165K and did 35K of rehab (inc. new AC and roof). ARV is 265K. Rental income would be approx 1850 per month. We are under the impression if...
Dave Versch
Insuring for replacement cost vs. cash value
Hi,
I've got a mortgage app in for a rental property. One of the conditions of the mortgage (which were given to me after applying) is that I need to purchase replacement cost coverage rather than cash value coverag...
Tyler Christensen
Multifamily Solar Lease Y/N
Hey guys,Wondering what you would say if there was a company that would pay the entire price of solar to get installed on your multifamily building, and sells energy to your tenants for less than the utility company c...
Grayson Gist
Raising the Rent on Section 8 Tenant
Hey everyone,
I have an inherited section 8 tenant and their rent is pretty low even with the voucher.
I don’t understand the ins and outs of section 8 fully yet, but I have learned a few things and I want to make ...
Matt Kauffman
First Deal: 4 Plex & Duplex
Hey BP folks, I"m a newbie but have been an avid reader but not an avid poster on the forums.
Here's a deal I'm working on right now, my first!!!
Same seller for both properties
4 Plex
Price...